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Business/FinancialRaytheon Rock Solid In Second Quarter, Raises Guidance
Raytheon [RTN] on Thursday reported solid financial results in its second quarter with higher earnings and sales and record orders as strong operating performance was somewhat masked by overall corporate […]
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Business/FinancialBoeing Swings To Loss, Sales Plummet Amid 737 MAX Challenges
A surprise to no one, Boeing [BA] on Wednesday swung to a loss in its second quarter on massive charges related to its 737 commercial aircraft program, which also led […]
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Business/FinancialGD Reports Higher Sales And Earnings In Second Quarter; Raises Guidance
General Dynamics [GD] on Wednesday reported higher second quarter sales on strong gains in four of its five operating segments and earnings were also up on lower taxes and other […]
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Air ForceAir Force Vice Chief of Staff: First Flight of B-21 Expected Around Late 2021
The Air Force is currently expecting to see first flight of the B-21 next-generation bomber around December 2021, the service’s number-two military official revealed July 24. Speaking at an Air […]
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Business/FinancialLockheed Martin Continues Strong Momentum In Second Quarter With Higher Earnings, Sales
A good 2019 keeps rolling for Lockheed Martin [LMT] as the company reported strong increases in earnings and sales in its second quarter, building on handsome gains in the first […]
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PentagonMark Esper Becomes First Permanent Secretary of Defense of 2019
The Senate confirmed Mark Esper to become the next permanent secretary of defense July 23 by a landslide vote, ending months of uncertainty about the Pentagon’s leadership. Esper, who previously […]
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SpaceULA CEO: Component Issues that Delayed Summer Launches Won’t Affect Vulcan Rocket
A component issue that has prompted delays of two scheduled launches this summer aboard United Launch Alliance (ULA) rockets will not translate over to the joint venture’s forthcoming space vehicle, […]
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Business/FinancialParsons To Acquire QRC Technologies In Further Expansion Of Defense And Intel Business
Parsons Corp. [PSN] on Monday said it has agreed to acquire QRC Technologies for $215 million in cash in a deal that expands its work in the defense and intelligence […]
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PentagonSASC Approval Clears Way for Senate Confirmation for Top Two Pentagon Officials
The Senate Armed Services Committee (SASC) on July 18 approved the nominations of the Pentagon’s top two civil and military officials, paving a path for the full Senate to confirm […]
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CongressEsper, Milley Highlight Importance Of Arctic, Need For Navy To Operate In Region
The U.S. Navy must be able to project its surface power throughout the world’s oceans, including the Arctic, Army. Gen. Mark Milley, the nominee to be the next chairman of […]
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