The families of five deceased Marines are suing Boeing, Rolls-Royce, and Bell Textron after a V-22 Osprey aircraft training exercise that crashed in June 2022. The lawsuit alleges that the manufacturers were not honest with service members and the government about the design, operation and safety of the aircraft, engines, transmission, clutch and other systems. […]
The families of five deceased Marines are suing Boeing, Rolls-Royce, and Bell Textron after a V-22 Osprey aircraft training exercise that crashed in June 2022. The lawsuit alleges that the manufacturers were not honest with service members and the government about the design, operation and safety of the aircraft, engines, transmission, clutch and other systems. […]
Defense contractors continue rolling out results early Wednesday. GD stock surged at the open after General Dynamics narrowly missed consensus earnings target. Textron (TXT) leapt on results. Northrop Grumman (NOC) and L3Harris (LHX) announce earnings Thursday. X General Dynamics (GD) delivered 1.7% earnings growth to $3.64 per share. Revenue increased 7.5% to $11.67 billion, ending […]