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The Continuous Improvement Mindset: RXO’s Jamie Harris
The veteran CFO is driving the trucking brokerage spinoff of XPO Logistics toward process efficiency, organic growth, and market share gains.
By
Vincent Ryan
| January 27, 2023
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People
Raytheon Names Neil Mitchill as New CFO
Mitchill, a former United Technologies executive, replaced Toby O'Brien, who stepped down after six years as finance chief.
By
Matthew Heller
| April 12, 2021
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People
Rolls-Royce Hires Former Deloitte Partner as CFO
Panos Kakoullis will join Rolls as it tries to weather the historic aerospace downturn resulting from the coronavirus pandemic.
By
Matthew Heller
| February 16, 2021
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Financial Performance
Boeing Posts $466M Loss, Announces Job Cuts
The company is battling reduced demand amid the COVID-19 pandemic, with commercial aircraft sales down 56% in Q3.
By
Matthew Heller
| October 28, 2020
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Strategy
Rolls-Royce to Cut 9,000 Jobs Amid Coronavirus Crisis
Most of the cuts will come in the civil aerospace division, which makes engines for Boeing and Airbus.
By
Lauren Muskett
| May 20, 2020
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Financial Performance
Boeing Stock Drops 3% Despite Delivery Record
The company shipped a record 202 commercial aircraft in Q3 but its KC-46 military tanker program continues to experience delays.
By
Matthew Heller
| October 25, 2017
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Strategy
Honeywell to Spin off $7.5B in Businesses
The company's aerospace unit will remain in its portfolio despite pressure from activist investors to spin it off.
By
Matthew Heller
| October 10, 2017
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Strategy
Northrop Goes Deep Into Space With Orbital Buy
The $7.8 billion deal gives the defense contractor access to the small satellite market and boosts its presence in the missile business.
By
Matthew Heller
| September 18, 2017
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Strategy
UTC to Buy Rockwell in $30B Aerospace Merger
Like other aerospace suppliers, United Technologies is seeking to cut costs and enhance negotiating power in the face of pricing pressure from customers.
By
Matthew Heller
| September 5, 2017
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Strategy
Cost-Cutting Pays off for Boeing in 4th Quarter
The company ended a tough 2016 on a high note as its focus on lowering costs delivered profits that topped analysts' estimates.
By
Matthew Heller
| January 25, 2017
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Tax
WTO Tells U.S. to Withdraw Boeing Tax Break
A finding that a Washington state measure amounted to an illegal subsidy given the EU a partial victory in a trade battle with the U.S.
By
Matthew Heller
| November 28, 2016
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Strategy
Rockwell to Acquire B/E Aerospace for $6.4B
"It’s really the transition to the digital airplane that's creating the perfect timing to bring these two entities together," Rockwell says.
By
Matthew Heller
| October 24, 2016
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Strategy
Boeing Takes Steps to Improve Cash Flow
The aerospace giant is taking longer to pay its supplier bills after depleting its cash pile to buy back shares.
By
Matthew Heller
| July 7, 2016
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Information Security
Northrop Grumman CFO’s Job: Attack the Hackers
Like other companies, Northrop Grumman is focusing on what to do after an attack, because you just can’t prevent them all.
By
David Katz
| February 26, 2015
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