Earnings rose at Honeywell [HON] in the fourth quarter, even while the company reported a dip in Aerospace, the segment involved with management of several defense-nuclear sites. Net earnings for the entire company for the fourth quarter were $1.29 billion, or $1.96 a share, up from $1.24, or $1.91 a share, in the year-ago quarter, the company reported Thursday. Quarterly revenue was $10.1 billion, up year-over-year from $9.4 billion. Quarterly segment operating income for the fourth quarter, ended Dec. 31,…
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Congress Updates
Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House
Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]
CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year
A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]
Fischer Says Golden Dome Boosters Need To Increase Capitol Hill Support With Information, Warns Against Counting On Reconciliation
NATIONAL HARBOR, Md. – A Senate Armed Services panel chair today said boosters of the Golden Dome program still have work to do to increase support on Capitol Hill while […]
HII Executive Outlines Its Shipbuilding Acceleration Strategy
An HII [HII] shipbuilding executive last week told lawmakers how the company plans to improve and accelerate shipbuilding throughout via workforce improvements, adding new shipbuilding infrastructure and reinforcing distributed shipbuilding […]
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