L3Harris’s revenue jumped 17% annually in the fourth quarter to $5.3 billion, while adjusted earnings per share of $3.35 were about 1% ahead of consensus estimates.

The aerospace and defense sector could experience modest mergers and acquisitions activity this year.

The aerospace and defense industry is grappling with a growing set of complex geopolitical risks in the Indo-Pacific.

RTX closed out 2023 strongly as its fourth-quarter earnings beat Wall Street’s expectations.

Edge Group has taken control of 65% of International Golden Group in a significant consolidation of the United Arab Emirates’ defense industry.

Mercury Systems (MRCY), a tech provider to the aerospace and defense industry, said it would consolidate its Mission Systems and Microelectronics divisions.

The Pentagon’s first-ever National Defense Industrial Strategy has a three-to-five year goal to create a more resilient supply chain.

Barnes Group said Jan. 11 that it will sell its Associated Spring and Hänggi businesses to One Equity Partners in a deal that will net $150 million.