Business
January 27, 2023
L3Harris reported its full-year 2022 financial results on Jan. 26, reporting full year revenue of $17.1 billion, down 4% and 1% on an organic basis compared to 2021. Space & Airborne Systems (SAS) segment reported full year revenue of $6.1 billion, up 2% compared to 2021. The company highlighted recent key awards of more than…
January 27, 2023
LeoStella has appointed Tim Kienberger as CEO, to lead the smallsat manufacturer succeedingCEO Mike Hettich. LeoStella, based in Washington State, is a 50-50 joint venture between Thales Alenia Space and BlackSky. Kienberger joins LeoStella with three decades of aerospace and defense technology experience and has worked for Boeing and L3Harris and has led teams through…
January 26, 2023
The Boeing Company's full year 2022 revenues in its Defense, Space & Security segment fell, while overall yearly revenues increased for the company as a whole, according to the company's latest financial results released Wednesday. Company-wide, Boeing reported a 7% revenue increase in 2022 over 2021. Revenue in 2022 was $66.6 billion. Net loss was…
January 26, 2023
Northrop Grumman continues its streak of growth for the Space Systems segment, postings its third year in a row of double-digit growth for the segment. The company posted its full year 2022 results on Thursday, reporting total sales of $36.6 billion, up 3% compared to 2021. The Space Systems segment reported sales of $12.3 billion…