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Former US Defense Contractor Sentenced to 10 Years for Fraud

Former US Defense Contractor Sentenced to 10 Years for Fraud

MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Craig Klund, 58, Yankton, South Dakota, was sentenced today by U.S. District Judge James D. Peterson to 10 years in federal prison for wire fraud, money laundering, and aggravated identity…
Embraer Completes Reintegration of Commercial Aviation Business

Embraer Completes Reintegration of Commercial Aviation Business

SAO JOSE DOS CAMPOS, Brazil — Embraer has successfully completed the reintegration of its commercial aviation business’ main information technology systems and processes. The work done throughout January did not hamper the continuity of the company’s essential operations.

The reorganization res…

GD Posts Net 2021 Earnings of $3.3Bn on Sales of $38.5Bn

GD Posts Net 2021 Earnings of $3.3Bn on Sales of $38.5Bn

RESTON, Va. — General Dynamics today reported quarterly net earnings of $952 million, or $3.39 diluted earnings per share (EPS), on $10.3 billion in revenue. For the full year, net earnings were $3.3 billion, or $11.55 per diluted share, on revenue of $38.5 billion.

Operating margin was 11.5% f…


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