Aerospace & Defense - Page 2

Boeing Widens Lead as DJIA’s Top Performer

Boeing Co.'s (NYSE: BA) share price rose by 3% a share last week to close Friday up more than $7 on the week. The stock's year-to-date share price gain reached ...
Read Full Story »

Air Force Contract for New Training Jet in Jeopardy

The U.S. Air Force plans to announce the winner of a contract to build a new training jet, dubbed the T-X, by the end of this year. However, funding for ...
Read Full Story »

Where Boeing Might Look to Meet Challenges From Acquisitive Competitors

The aerospace and defense sector has coughed up a couple of giant mergers in the past few weeks: United Technologies Corp. (NYSE: UTX) is paying $23 billion in cash and ...
Read Full Story »

Boeing’s Chinese Rival Sets Second Test Flight of Commercial Jet

Last May, China's first manufacturer of a commercial jet, Comac, conducted its first flight test of its competitor to Boeing Co.'s (NYSE: BA) single-aisle 737 and the Airbus A320. The ...
Read Full Story »

Boeing Expected to Prevail in Dispute With Bombardier

In April last year, Delta Air Lines Co. (NYSE: DAL) placed an order with Canada's Bombardier for 75 of the company's CS100 passenger jets and an option on an additional ...
Read Full Story »

Northrop Grumman to Pay $7.8 Billion in Cash for Orbital ATK

Defense firm Northrop Grumman Corp. (NYSE: NOC) said this morning that it has entered a definitive agreement with Orbital ATK Inc. (NYSE: OA) under which Northrop will acquire Orbital for ...
Read Full Story »

Boeing Stock Up 60% Year to Date, DJIA’s Top Performer

Boeing Co. (NYSE: BA) stock rose by more than $10 a share last week to close Friday essentially up about 4.3% week over week. The stock's year-to-date share price gain ...
Read Full Story »

Can North Korea Really Destroy Tokyo?

Can North Korea actually destroy Tokyo, with a population of almost 13 million people, in a nuclear holocaust? It sounds like the stuff of a Cold War novel from a ...
Read Full Story »

Baird’s Top Defense and Aerospace Picks for the Rest of 2017 and 2018

One sector that has been on fire since the election last November has been defense and aerospace sector, and with good reason. The U.S. president has made it clear that ...
Read Full Story »

Boeing Gets $600 Million Contract for Air Force One

On Wednesday, the U.S. Air Force awarded Boeing Co. (NYSE: BA) one dollar less than $600 million to complete new preliminary design requirements for Air Force One, the presidential fleet ...
Read Full Story »

Aircraft Leasing Firm Signs Deal for Unmanned Helicopters

Florida-based aircraft leasing firm JetLease has signed a deal to offer unmanned, remotely controlled aerial vehicles (UAVs) built by UMS Skeldar, a joint venture between Sweden's Saab and UMS Aero ...
Read Full Story »

Can Boeing Cut $1 Billion From the Cost of Air Force One?

Less than a month after last November's election, President-elect Donald Trump said he wanted to cancel the order placed in January 2015 with Boeing Co. (NYSE: BA) for a pair ...
Read Full Story »

In Threat to Boeing, Chinese Jumbo Jet Will Use Chinese Engines

The concern that China will successfully build its own commercial jets and threaten the revenue of Boeing Co. (NYSE: BA) and Airbus took a step forward today. And the Chinese ...
Read Full Story »

Boeing Remains the DJIA’s Best Performing Stock This Year

Boeing Co. (NYSE: BA) stock rose more than $4 to close Friday essentially up nearly 2% week over week. The stock's year-to-date share price gain reached 54.4%, solidifying Boeing's hold ...
Read Full Story »

Could United Technologies Merger With Rockwell Collins Get Shot Down?

Tuesday's announced $30 billion acquisition of Rockwell Collins Inc. (NYSE: COL) by United Technologies Corp. (NYSE: UTX) did not sit well with investors, who took UTC's stock down nearly 6%. ...
Read Full Story »