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Losses on several defense and space programs combined with a wider loss in the commercial airplane building segment led Boeing [BA] on Wednesday to report a net loss in income […]
General Dynamics [GD] on Wednesday posted lower net income despite strong sales growth in its second quarter in part due to a decline in operating earnings at its Technologies and […]
In space transportation company Impulse Space on Monday said it raised $45 million in a funding round led by the venture arm of RTX [RTX] that will be used in […]
RTX [RTX] on Tuesday posted strong sales although net income rose marginally due to various accounting adjustments and a customer insolvency and the company also disclosed an issue in its […]
The Justice Department last Friday said Booz Allen Hamilton [BAH] has agreed to pay the U.S. government $377.5 million to resolve allegations that it violated federal law by improperly charging […]
France’s Safran Group last Friday said it has agreed to acquire the actuation and flight controls business of Collins Aerospace, an operating segment of RTX [RTX], for $1.8 billion in […]
One of the lessons learned for the Defense Department from the ongoing war in Ukraine is the speed at which commercial technologies can quickly be delivered to the Ukrainians in […]
Since launching a new strategy three years ago to surge Lockheed Martin’s [LMT] adoption of commercial technologies to enhance its solutions for its Defense Department and international customers, the company […]
Lockheed Martin [LMT] on Tuesday posted strong second quarter results driven by strong top and bottom-line gains in its Aeronautics and Space segments and the absence of a pension-related charge […]
The Pentagon and national security leaders have talked up the need to tap into the emerging technologies and capabilities being developed by defense startups but the message has largely fallen […]