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Boeing [BA] on Wednesday reported lower losses in its first quarter versus a year ago as operating losses in its defense and commercial aircraft segments narrowed while sales were strong […]
The post Losses Narrow At Boeing In First Quarter; Sale…
General Dynamics [GD] on Wednesday reported flat income on higher sales in its first quarter as higher taxes wiped away bottom line gains at the operating level. Net income in […]
The post GD Reports Flat Income Despite Higher Sales To Open Year …
Raytheon Technologies [RTX] on Tuesday said that long-time executive Wes Kremer will lead the company’s new Raytheon segment when it stands up in July as part of a reorganization of […]
The post Kremer Tapped To Lead Raytheon Segment As Ray…
Raytheon Technologies [RTX] on Tuesday posted handsome top and bottom-line gains in its first quarter driven largely by its commercial aerospace work and to a lesser degree its defense business. […]
The post Raytheon Technologies Opens Year With …
The Department of Justice on Monday said that L3Harris Technologies [LHX] has agreed to pay $21.8 million to settle allegations its Communications Systems West business unit for double billing on […]
The post L3Harris Settles False Claims Act All…
Lockheed Martin [LMT] first quarter sales grew slightly from $15 billion last year to $15.1 billion this year on the strength of 16 percent sales growth in the space sector, […]
The post Lockheed Martin Reports Growth in Space, Yet Continued Supp…
COLORADO SPRINGS, Colo.—Lockheed Martin [LMT] earlier this year stood up a new innovation arm within its Space segment to quickly ramp up research, development and demonstration efforts and test new […]
The post Lockheed Martin Space Launches Rap…
Greystones Group, a woman-owned small business, said it has acquired the intellectual property for a proprietary advanced data analytics software it plans to market to federal agencies for mission critical […]
The post Greystones Group Acquires I…
Raytheon Technologies [RTX] this week said it has formed a strategic partnership with SpiderOak, a provider of cybersecurity solutions for space systems, to develop and field new zero-trust systems for […]
The post Raytheon, SpiderOak Partner To …
HII [HII] on Tuesday announced $1.9 billion in contract awards, including $1.3 billion in support of U.S. Africa Command in support of life-saving operations. The USAFRICOM award was to HII’s […]
The post HII Nabs Nearly $2 Billion In Support, Su…