Focus: Investors

L3Harris Technologies last Friday reported a big drop in proforma net income due to the sale of its security detection and automation business, costs related to the ongoing pandemic, and...

Bolstered by generally solid results across its operating segments, Northrop Grumman on Thursday reported higher sales and earnings in its Second Quarter (Q2) and the company raised its outlook for the...

Airbus reported a 55% decline in revenue in the Second Quarter (Q2) of 2020 compared to 2019, as the company’s CEO said the financials show the visible impact of the...

Telesat released its Second Quarter (Q2) financial results Thursday, reporting consolidated revenue of $208 million Canadian dollars ($155 million), a decrease of 10% compared to the same period in 2019....

The Boeing Company continues to take a hit due to the COVID-19 pandemic and the grounding of its 737 MAX. Boeing released its Second Quarter (Q2) results on Wednesday, with...

Hughes announced this week that it will invest $50 million into OneWeb, joining the U.K. government and Bharti Enterprises in their acquisition of the Low-Earth Orbit (LEO)  constellation company.  Hughes...

Iridium released its Second Quarter (Q2) financial results on Tuesday, reporting total revenue of $140.2 million, a 2% decrease compared to the same time period in 2019. Iridium reported a...

Primo Space, an early stage Italian venture fund focused on space startups has closed at about $68 million (58 million euros). The funds included contributions from the European Investment Fund...

Hughes Network Systems is joining the U.K. Government and Bharti Enterprises in their acquisition of OneWeb. Hughes announced Monday that it will invest $50 million with the consortium, and continue...

Viasat has raised $175 million from affiliates of Intercorp, and affiliates of The Baupost Group, L.L.C., Viasat’s largest shareholder, the company announced Thursday. Under the terms of the investment, the...