Aerospace Group:

Business/Financial

Sporting Group Fuels Solid ATK Third Quarter, Quarterly Dividend, Outlook Increased

Defense Daily Staff

Thursday, January 30th, 2014

SHARE:

Sporting Group Fuels Solid ATK Third Quarter, Quarterly Dividend, Outlook Increased

Showing continued strength in its growing sporting business, ATK [ATK] on Wednesday delivered strong third quarter financial results, with the company increasing its fiscal year outlook and quarterly dividend. Net income in the third quarter increased 27 percent to $80 million compared to $63 million a year ago. Adjusted net income in the third quarter was $93 million. Fully diluted earnings per share (EPS) were $2.46 compared to $1.93 in the prior-year period. On an adjusted basis, fully diluted EPS…

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]