Castelion, a two-year-old startup focused on rapidly developing and mass-producing hypersonic weapons, has raised $100 million in new capital to increase its workforce and production capabilities, and speed testing of […] ...
Business/Financial
Powered by its Aerospace segment, General Dynamics [GD] on Wednesday reported strong fourth quarter results to end a similarly robust 2024. The only blemish in the quarter’s numbers was a […] ...
Boeing [BA] continues to grapple with challenges in troubled government programs it won bidding on fixed-price development contracts and while there is no simple fix progress is being made and […] ...
Charges on two classified contracts drove net income down at Lockheed Martin [LMT] in the fourth quarter and all of 2024, the company reported on Tuesday. The contracts lopped $1.5 […] ...
RTX [RTX] on Tuesday reported solid fourth quarter financial results driven by double-digit top and bottom-line gains in its aircraft engine business while the company’s Raytheon segment also delivered nicely, […] ...
HII [HII] on Monday said it has closed its acquisition of the assets of W International, bringing in-house a supplier of submarine structures, modules, and assemblies that struggled to meet […] ...