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Business/Financial

Higher Taxes, Lower Operating Income Send Raytheon’s Net Earnings Tumbling

Defense Daily Staff

Friday, October 28th, 2011

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Raytheon [RTN] yesterday posted sharply lower net income in its third quarter due to higher taxes and lower operating income in its business segments, although results easily beat consensus estimates of financial analysts. Sales were also lower as Raytheon, like its competitors, deals with delays in the release of contract funds amid an uncertain fiscal environment and a continuing resolution to fund the FY '12 federal budget, delays in the award of international contracts, which is typical, and its own…

Congress

House Sends Dec. 11 CR With Ship Construction Funds To Trump’s Desk For Final Signature

The House on Tuesday passed a stopgap funding bill to keep the government open through Dec. 11, sending the temporary funding measure that also includes funds to support ongoing shipbuilding […]

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

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Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]