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Business/FinancialLeidos Opens Year With Higher Sales, Lower Earnings
Leidos [LDOS] on Tuesday posted higher sales in the first quarter driven by gains across its operating segments, although earnings fell due largely to positive legal adjustment a year […]
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Business/FinancialTwo Six Technologies Acquires Data Security Company Thresher Ventures
Two Six Technologies this week said it has acquired Thresher Ventures, LLC, which provides security against data manipulation by foreign governments, in particular China, complementing the company’s existing cybersecurity capabilities. […]
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CyberDefense Industrial Base Cyber Vulnerability Pilot Program Saw Participation, DoD Says
A one-year pilot program designed to allow ethical hackers discover cybersecurity vulnerabilities on the networks of defense companies saw substantial growth in the number of participants, a Defense Department agency […]
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Air ForceThree Years and Counting, No Results Available from F-35A and A-10C Comparison Testing
U.S. Air Force officials told lawmakers last week that a report is out on the results of comparion testing between the Lockheed Martin [LMT] F-35A and the A-10C close air […]
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Business/FinancialL3Harris Ekes Out Income Gain, Sales Down In First Quarter
L3Harris Technologies [LHX] last Thursday after the markets closed posted slightly higher earnings in its first quarter due to a number of non-operating costs in the same period a year […]
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Air ForceU.S. Air Force/Navy Could Spend $500 Million for Delivery of F-35 Parts Specifications
Pentagon officials have said that future sustainment of the Lockheed Martin [LMT] F-35 will require a mix of contractor maintenance and “organic” maintenance by the U.S. Air Force and Navy. […]
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Nuclear ModernizationDoE, DoD, ‘Sorting Out’ Plutonium Pit Needs; New Pits ‘a Hedge,’ NNSA Says
The Pentagon and the National Nuclear Security Administration (NNSA) are still “sorting out” exactly how many nuclear-weapon triggers the military needs and by when, the head of the civilian agency […]
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Air ForceBoeing Rolls Out First EMD T-7A Red Hawk Trainer
Boeing [BA] on Apr. 28 said that it unveiled the first T-7A Red Hawk trainer for the Engineering and Manufacturing Development (EMD) phase at the company’s St. Louis plant. The […]
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Business/FinancialNorthrop Grumman Touts B-21 Benefit In First Quarter; Income, Sales Slip
Northrop Grumman [NOC] on Thursday posted first quarter results that included a boost from its ongoing development work on the Air Force’s B-21 next-generation stealth bomber. The $67 million benefit […]
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Business/FinancialGD Reports Higher First Quarter Income On Flat Sales
General Dynamics [GD] on Wednesday reported an increase in net earnings in the first quarter driven by lower taxes and net interest expense although sales were flat. Net income rose […]
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