Aerospace & Defense

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US Defense Department Updates National Military Strategy

For the first time since 2011, the U.S. Department of Defense has updated its National Military Strategy. The document, which describes how the United States will use its military forces ...
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Boeing 777-9X

Boeing 777-9X Price Rises to $400 Million

Boeing Co. (NYSE: BA) released its 2015 price list on Wednesday, and the most expensive commercial jet the company sells is the 777-9X, which carries a list price of $400 ...
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payoff

What the Harris Post-Merger Reorganization Means for Shareholders

Harris Corp. (NYSE: HRS) has joined the lineup of companies looking to reorganize their corporate structure. Such moves are hard for investors to interpret in many cases. 24/7 Wall St. ...
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Boeing 747-8

How Much Does a Boeing 747-8 Cost?

The first 747-100 from Boeing Co. (NYSE: BA) was put into service in 1970, and those first planes sold at a list price of $24 million. Adjusting for inflation, that ...
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Airbus A330 MRTT tanker

Boeing Loses Korean Tanker Contract to Airbus

Boeing Co. (NYSE: BA) and European rival Airbus compete with one another for essentially every sale either company makes. It is no wonder then that keeping score has become a ...
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spacex hq

Explosion Delivers Setback to SpaceX

Just last month, the U.S. Air Force certified the Falcon 9 launch system from Space Explorations Technologies Corp. (SpaceX) for national security space missions. On Sunday, a Falcon 9 rocket ...
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Boeing logo

Retiring Boeing CEO McNerney Made $80 Million in Past 3 Years

When Jim McNerney steps down on July 1 from his position as chief executive officer of Boeing Co. (NYSE: BA), he will continue as an employee of the company and ...
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A-10 Warthog

GAO Faults Air Force Decision to Retire the Warthog

In developing its fiscal year 2015 budget, the U.S. Department of Defense and the U.S. Air Force placed a higher priority on fifth-generation aircraft like the F-35 and other multi-role ...
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Boeing 747

Boeing 747 Production Will Fall to One a Month

Beginning in 2016, Boeing Co. (NYSE: BA) plans to cut production of its 747 jet to just one a month from a current rate of about 1.5 per month. In ...
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Apache Block III Ceremony and First Flight

NATO Defense Spending Lags

Of the 28 member nations of the North Atlantic Treaty Organization (NATO), only five met the group’s target of 2% of gross domestic product (GDP) for military spending in the ...
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Boeing 787_10

Will Boeing Be Able to Replace an Icon?

Boeing Co. (NYSE: BA) late Tuesday named president and Chief Operating Officer Dennis Muilenburg to replace Jim McNerney as chief executive officer of the company effective July 1. McNerney has ...
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Embraer Super Tucano

US Government Approves Fighter Plane Sale to Lebanon

The U.S. State Department recently approved two sales of military equipment to Lebanon. One involves six Super Tucano turboprop fighter planes and the other for 1,000 air-to-ground Hellfire II missiles. ...
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Boeing 737-MAX-7-8-9 Artwork

Analyst Remains Bullish on Boeing After Paris Air Show

Although the number of new aircraft orders at last week’s Paris Air Show was well short of last year’s total at Farnborough, analysts at Canaccord Genuity remain bullish on Boeing ...
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Boeing 757 ecoJet

Boeing 757 Flies Cross-Country on Green Diesel Fuel Blend

Using a blend of 95% petroleum jet fuel and 5% green diesel fuel made from waste animal fats, inedible corn oil and used cooking oil, Boeing Co.’s (NYSE: BA) ecoDemonstrator ...
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Pistol

Smith & Wesson Stumbles Over Guidance

Smith & Wesson Holding Corp. (NASDAQ: SWHC) reported its fiscal fourth-quarter financial results Thursday after the markets closed as $0.45 in earnings per share (EPS) on $181 million in revenue. ...
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