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Supported by the breadth of its programs, in particular counter-unmanned aircraft (C-UAS) systems and related products, Leonardo DRS [DRS] on Wednesday strong third quarter financial results. Net income jumped 26 […]
Boeing [BA] on Wednesday reported narrower losses in its third quarter despite a hefty charge related to its 777X commercial aircraft in development while the company’s defense segment continued to […]
Long-time Leonardo DRS [DRS] Chairman and CEO Bill Lynn will retire at the end of 2025, the company said on Wednesday, and named company veteran and current chief operating officer […]
The X-59 supersonic aircraft by Lockheed Martin‘s [LMT] Skunk Works division had its first flight from U.S Air Force Plant 42 in Palmdale, Calif., the company said on Tuesday. Billed […]
HII [HII] and South Korea’s HD Hyundai Heavy Industries (HHI) over the weekend signed a memorandum of agreement (MoA) to start “deeper collaboration” between the firms, including jointly bidding on […]
Boeing [BA] on Sunday said its defense business is focusing on the “next phase of our contingency plan” after union members voted against the company’s latest contract offer. Exactly what […]
Voyager Technologies [VOYG] on Monday said it has acquired ExoTerra Resource in a deal that gives it capabilities in compact electric propulsion systems used to maneuver satellites in orbit. Terms […]
General Dynamics [GD] last Friday reported strong third quarter financial results largely due to its Aerospace and Marine Systems segments, continuing a sturdy run of top and bottom-line gains all […]
Science Applications International Corp. [SAIC] after the stock market close Thursday afternoon said James Reagan, former chief financial officer (CFO) of Leidos [LDOS], has been appointed interim CEO effective immediately, […]
Saronic Technologies on Thursday said it has partnered with computer chip developer NVIDIA [NVDA] to deepen and expand their existing relationship to accelerate the benefits of artificial intelligence technology for […]