Category: Industry News

Lisa Atherton, CEO of Textron. Atherton commented about Textron's plan to separate its industrial businessIndustry News

Textron Moves to Split Industrial Business to Focus on Aerospace and Defense

Textron plans to separate its industrial segment from its aerospace and defense businesses. The Providence, Rhode Island-headquartered firm said Thursday
Everforth ECS logo. ECS has changed its name to Everforth ECS after its parent company, ASGN, rebranded to Everforth.Industry News

ECS Transitions to Everforth ECS Amid ASGN Rebrand

ECS has changed its name to Everforth ECS following the rebranding of its parent company, ASGN, to Everforth. The company
Lockheed Martin CFO Evan Scott. Scott commented about Lockheed Martin Ventures' $1 billion capacotyIndustry News

Lockheed Martin Boosts Venture Capital Fund to $1B to Accelerate Defense Innovation

Lockheed Martin is significantly expanding its investment in emerging defense technologies by increasing the capacity of its venture capital arm
Sean Woodward, EVP and CFO at AV. Woodward will officially assume new responsibilities as EVP and CFO of AV in MayExecutive Moves

AeroVironment Names Sean Woodward as EVP, CFO

AeroVironment has selected Sean Woodward as executive vice president and chief financial officer, effective May 1. Woodward succeeds Kevin McDonnell,
Radiance Technologies logo. Radiance will modernize the Reagan Test RangeAcquisition & Procurement

Radiance Technologies Secures $150M DLA Contract to Modernize Reagan Test Range

Radiance Technologies has secured a cost-plus-fixed-fee contract valued at $149.7 million from the Defense Logistics Agency to upgrade and modernize
Jim Reagan, CEO of SAIC. Reagan commented about SAIC's fiscal year 2026 financial reportFinancial Reports

SAIC Logs $7.3B Revenue for FY26, Issues FY27 Guidance

SAIC has reported fourth-quarter revenues of $1.75 billion and full fiscal year 2026 revenues of $7.26 billion. In the company’s
H. Lawrence Culp Jr., chairman and CEO of GE Aerospace. Culp commented about GE Aerospace's $1 billion investmentIndustry News

GE Aerospace Announces $1B Investment to Boost Engine Production, Strengthen DIB

GE Aerospace said Monday that it will invest another $1 billion in U.S. manufacturing facilities and its supplier base to
HII logo. HII reported increased 2025 revenue and free cash flow.Industry News

HII Posts Over 8 Percent Revenue Growth in 2025, Targets Higher Shipbuilding Throughput in 2026

HII reported $12.5 billion in 2025 revenue, an 8.2 percent increase over the prior year, fueled by surging shipbuilding volume
RTX logo. RTX posted double-digit sales growth in 2025.Industry News

RTX Posts Double-Digit Growth in 2025, Projects Higher Sales & Cash Flow in 2026

RTX reported higher sales, earnings and free cash flow for full-year 2025 and issued a 2026 outlook projecting continued growth,
Horacio Rozanski, chair, president and CEO of Booz Allen Hamilton. Rozanski revealed strong demands across various businessesFinancial Reports

Booz Allen Hamilton Reports $2.6B Revenue, $38B in Backlog for Fiscal 2026 Q3

Booz Allen Hamilton has reported $2.6 billion in revenue, a 10.2 percent year-over-year decline, and a record backlog of $38