Is the aerospace, defence & security sector seeing the beginnings of a cloud investment boom?
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The aerospace, defence & security industry is seeing changes in cloud investment across several key metrics, according to an analysis of GlobalData figures.
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Austal reports 24.6% drop in FY2021 revenue on pandemic impact
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Austal’s revenue in FY2021 was A$1.57bn, compared to A$2.09bn in the previous fiscal.
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Elbit Systems reports 21% jump in Q2 2021 revenue on high demand
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The Israeli firm’s revenue was $1.3bn in Q2 2021, compared to $1.08bn in the same period a year ago.
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Huntington Ingalls Industries records 10.1% increase in revenue in Q2 2021
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In the three-month period that ended on 30 June 2021, the military shipbuilding company’s revenue was $2.2bn.
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Hensoldt revenue records 10% jump in first half of 2021
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The Hensoldt first-half revenue increased to €486m from €440m last year, driving on strong order intake.
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L3Harris reports 5% increase in Q2 2021 revenue
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L3Harris Technologies’ revenue increased from $4.45bn in Q2 2020 to $4.7bn in Q2 2021.
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Northrop Grumman raises guidance after recording strong results in Q2
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In the second quarter of 2021, Northrop Grumman’s sales and net earnings were $9.2bn and $1.04bn respectively.
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General Dynamics posts 17.9% increase in quarterly net earnings
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The US-based aerospace and defence company reported net earnings of $737m and revenue of $9.2bn in Q2 2021.
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Raytheon Technologies records 13% growth in second quarter sales
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The company reported strong results in second quarter driven by growth in its defence businesses.
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Lockheed Martin reports nearly 5% increase in sales in Q2 2021
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The company also reported an increase in second quarter 2021 net earnings despite booking a loss of $225m at Aeronautics segment.
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