highlights

Driven by strong defense demand across its businesses, Leonardo DRS [DRS] on Tuesday reported higher sales and earnings in its second quarter. Net income increased 9 percent to $38 million, […]

Leidos [LDOS] on Tuesday reported strong second quarter financial results driven by its federal health services business combined with top-line growth across its business segments and improved operating margins. Net […]

Canada-based shipbuilder Davie on Monday said it will make a commitment to the U.S. shipbuilding industry following an agreement earlier in July among the U.S., Canada, and Finland to collaborate […]

DAYTON, Ohio–The U.S. Air Force in the last few months awarded classified contracts to five vendors–a mix of traditional defense companies and non-marquee ones–for the autonomy piece of the Collaborative […]

NATO has selected Sikorsky [LMT], Airbus and Leonardo to study potential concepts for its Next-Generation Rotorcraft Capability (NGRC) program, which seeks to develop a new medium multi-role helicopter for certain […]

The House passed on a voice vote this week an amendment by Rep. Ronny Jackson (R-Texas) to H.R. 8997 to protect the construction of the High Explosive Synthesis, Formulation, and […]

L3Harris Technologies [LHX] last Thursday reported top and bottom-line gains in its second quarter, largely due to its acquisition a year ago of rocket motor and engine company Aerojet Rocketdyne. […]

As he prepares to retire in the next two months after 34 years in uniform, U.S. Air Force Gen. Michael “Mini” Minihan, the head of Air Mobility Command, said on […]

A series of charges ranging from legal resolutions and a looming international contract termination to accounting adjustments and restructuring items drove earnings down at RTX [RTX] in the second quarter […]

Greece became the 19th foreign nation to join the F-35 program, as the country signed a Letter of Acceptance (LOA) on July 25 to buy 20 of the Lockheed Martin […]