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Boeing [BA] on Wednesday reported a smaller net loss in its fourth quarter as losses in its commercial aircraft segment and higher tax expenses more than offset a swing to profit in the defense business and a handsome gain in the services segment. Stil…
General Dynamics [GD] on Wednesday posted a solid end to its fiscal year driven by strong growth and earnings at its operating segment that makes armored vehicles and munitions and the company is forecasting a better 2023 than previously forecast for t…
Lockheed Martin [LMT] on Tuesday reported better than forecast top and bottom-lines in its fourth quarter, posting strong sales growth and a slight dip in earnings as the company touted significant progress in 2022 in an ongoing transformation effort d…
Raytheon Technologies [RTX] on Tuesday posted higher earnings and sales in its fourth quarter and full-year driven largely by gains in its business segments supporting the commercial aerospace market while results at the company’s defense businesses we…
A new study released Monday details concerns the U.S. defense industrial base is “not adequately prepared” for future conflict, with efforts to assist Ukraine highlighting areas of weakness in a potential fight with China. The new report from the Cente…
Following Textron’s [TXT] win in December of a marquis next-generation Army aircraft program, the company on Thursday named Lisa Atherton as the chief operating officer of the company’s Bell segment, a new role created to help Bell focus its execution …
AIM MRO Holdings on Tuesday said it has acquired Tribologix, a provider of surface engineering solutions used in extreme environments by aerospace, defense and energy customers, in a deal that adds new capabilities to AIM MRO and marks its first acquis…
Volatus Aerospace Group [VLTTF] last week said it has entered into an exclusive partnership with German unmanned aircraft system (UAS) developer Airial Robotics to help manufacture, market and distributed the drones for commercial and defense markets i…
Epiq Solutions, a developer and provider of radio frequency solutions for governments and enterprises, on Thursday said it has acquired Xiphos Systems Corp. in a deal that adds expertise and capabilities in space-focused computing. Terms of the transac…
2022 saw a sharp decline in the overall value of mergers and acquisitions (M&A) in the aerospace, defense and government (ADG) market and a modest drop in the number of deals with most of the attention on small and medium sized transactions, says a…