Israel’s IAI reports 23.5% increase in net income in Q1 2021
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IAI’s net income in Q1 2021 was $42m, up 23.5% from $34m in Q1 2020.
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Hensoldt quarterly revenue up 6.2% on strong order intake
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Hensoldt has posted a 6.2% increase in quarterly revenue driven by strong order intake in Sensors and the Optronics segments.
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Leonardo posts strong results in Q1 2021
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Italian multinational aerospace, defence and security company Leonardo has posted strong results in the first quarter of 2021.
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Kratos first quarter revenues up 15% to $194.2m
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Kratos Defense & Security Solutions has reported strong results in the first quarter of this year recording growth across several businesses.
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Leidos reports 14.7% growth in first quarter revenue
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Leidos Holdings has posted a 14.7% year-over-year jump in quarterly revenue driven by organic growth across all business segments.
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Northrop Grumman reports increase in first-quarter sales
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US-based aerospace and defence technology company Northrop Grumman has reported a 6% increase in sales in the first quarter of the year.
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General Dynamics reports increase in first-quarter revenue
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US-based aerospace and defence company General Dynamics (GD) has recorded a 7.3% increase in revenue for the first quarter of this year, on a year-on-year basis.
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Defence deals snapshot: Veritas acquires Northrop Grumman IT business
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In the week 31 January to 6 February two aerospace, defence and security acquisitions took place seeing Veritas Capital acquire Northrop Grumman’s IT and Mission Support Services Business for $3.4bn and General Atomics purchase Tiger Innovations for an undisclosed fee according to tracking by GlobalData.
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Defence jobs weekly snapshot: Raytheon’s push in cybersecurity
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Aerospace and defence giant Raytheon is known globally for its military hardware, including equipping the F-35 with its precision weapons, including AMRAAM, and navigation system and is developing advanced hypersonic weaponry. However, the prime’s biggest current recruitment drive is in cybersecurity, according to the GlobalData jobs analytics tool.
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Defence jobs weekly snapshot: Robotics on the rise in January
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Robotics jobs in the aerospace, defence and security (ADS) sector increased from 404 to 441, or 9%, month-on-month in January 2021 according to the GlobalData jobs analytics tool.
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