Aerospace & Defense

Air defense missiles

JPMorgan Lifts Price Targets on Defense Stocks, Names Top Pick

Investors may buy stocks in defense contractors because of their record of dividend payments and share repurchases for good reasons. Over the past five years, the best performing defense stock has ...
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The Pentagon

GAO Criticizes Air Force Decision to Scrap A-10 Warthogs

In an effort to save money, the U.S. Air Force has announced plans to retire its 40-year old A-10 close air support (CAS) aircraft beginning in 2018. Congressional opposition to ...
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forest fire

Boeing Wants to Fight Forest Fires With a Howitzer

In something of a departure from its usual lines of business, Boeing Co. (NYSE: BA) has filed a patent application for an artillery shell that would deliver up to six gallons ...
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Qantas 787

Boeing Loses Some, May Win Some 787 Orders

Australia's Qantas Airways had been struggling for profits and has not paid a dividend since 2009. The airline posted a record profit of $1.52 billion in the year ended June ...
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Boeing T-X peek

Boeing Offers Sneak Peek at New Air Force Training Jet

After the release of the U.S. Air Force request for proposal (RFP) for a new training jet, the four competitors have all now either shown a modified version of a ...
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ANA 787

Will Boeing Beef Up Its Orders for Wide-Body Planes?

As of August 16, Boeing Co. (NYSE: BA) has taken net orders totaling 38 for its four wide-body jets: the 747, 767, 777 and 787. The company guided full-year orders ...
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The Pentagon

Northrop Grumman Testing New Air Force Training Jet

A consortium led by Northrop Grumman Corp. (NYSE: NOC) has begun testing its clean-sheet design for a new U.S. Air Force training jet to replace the decades old T-38. According ...
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KC-46 refuels A-10 during Milestone C test

Air Force Awards Boeing $2.8 Billion Contract for New Tanker

The U.S. Air Force has awarded a contract valued at $2.8 billion to Boeing Co. (NYSE: BA) to produce the first 19 new KC-46A tankers. The contract comes about a ...
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Air defense missiles

Potential Game-Changing NATO Order Bundling for Precision-Guided Munitions

There is some potentially big news in the defense and warfare industry, but more in process than in size. It is also important to realize that this is not yet ...
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Airbus logo

Will Fraud Investigation Weigh on New Airbus Orders?

Over the past weekend, the U.K.'s Serious Fraud Office (SFO) said it had launched a formal criminal investigation into allegations of fraud, bribery and corruption against Airbus. At issue in ...
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Delta Air Lines jet

Delta’s Outage Is Minor Compared to Its Bigger Problem

In a statement issued Monday morning, Delta Air Lines Co. (NYSE: DAL) said it "has experienced a computer outage that has impacted flights scheduled this morning." All flights awaiting departure ...
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Airbus A380-800

Has Qantas Airlines Put Another Nail in the A380’s Coffin?

Australian carrier Quantas Airlines was one of the first customers for the Airbus A380 superjumbo jet, and it currently counts 12 of the planes in its fleet. The company's chief ...
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F-35B

US Air Force Declares F-35A Combat-Ready

Defense contractor Lockheed Martin Corp. (NYSE: LMT) received some very good news Tuesday. The company's F-35A has been declared ready for combat by the U.S. Air Force, and the 34th ...
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Cargolux 747-8F

How Much Does a 747-8 Cost? Boeing May End Production

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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T-50A LMT 2-16

Air Force Releases Draft Proposal for New Training Jet

Four teams are expected to compete for the contract for a new U.S. Air Force training jet: Boeing Co. (NYSE: BA) has joined with Saab and they are expected to ...
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