Aerospace & Defense

Boeing Cancels 737 MAX Conference Call; Shares Dive

In the current market environment, It doesn't take much searching for investors to find a reason to sell. The Boeing Co. (NYSE: BA) is getting a refresher course in the ...
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Three Airline Stocks Set to Fly Higher Than Their Peers

  The U.S. airline carriers have been given a deep-dive review from Credit Suisse on Monday as the firm initiated coverage on the sector. Credit Suisse initiated airline sector ...
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SpaceX Can Deploy Over 7,000 Broadband Satellites

Elon Musk's rocket company, SpaceX, has received approval from the Federal Communications Commission (FCC) to deploy over 7,000 satellites that can provide broadband across much of the world. The 16-year-old ...
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Boeing Failed to Disclose Issues With New Flight Control Feature

When a Boeing Co. (NYSE: BA) 737 MAX 8 crashed offshore of Indonesia last week killing all 189 people on board, the company referred operators of the aircraft to the ...
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Defense Stocks on Safer Ground After the Midterm Elections

The defense sector took it on the chin during October's selling pressure. There were many reasons for the move: Saudi Arabia, the midterm elections, lower government spending ambitions, potential changes ...
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Airbus Q3 Earnings Popped, but Challenges Remain

European aircraft maker Airbus reported third-quarter and nine-month results Wednesday morning. The report continues to be plagued by undelivered planes waiting for parts. The company's revenues for the third quarter ...
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No Survivors Likely in Indonesian Crash of New Boeing 737

Indonesian airline Lion Air reported early Monday that a new Boeing Co. (NYSE: BA) 737 MAX 8 aircraft with 189 people on board crashed just minutes after takeoff from Jakarta ...
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Investors Delight in Boeing Q3 Earnings

Boeing Co. (NYSE: BA) reported third-quarter 2018 results before markets opened Wednesday. The aerospace company posted adjusted diluted earnings per share (EPS) of $3.58 on revenues of $25.15 billion. In ...
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L3, Harris to Form Sixth-Largest US Defense Contractor

Two of the country's largest defense contractors announced Sunday that they have agreed to combine in an all-stock merger of equals: L3 Technologies Inc. (NYSE: LLL) and Harris Corp. (NYSE: ...
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Pentagon Weapons Full of Cyber Holes

A new report from the U.S. Government Accountability Office (GAO) released Tuesday found "mission-critical cyber vulnerabilities" while testing new Department of Defense (DoD) weapons systems. The GAO also noted that ...
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Boeing Q3 Deliveries Slip but Rise Year Over Year

After all the words spilled over late parts deliveries and "gliders" (new airplanes missing their engines) parked on every available square inch of tarmac in both Washington and South Carolina, ...
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Global Demand for Jet Fuel to Jump 27% by 2040

Worldwide demand for jet fuel currently stands at about 7.45 million barrels a day. By 2040 that total will rise by more than 27% to more than 9.5 million barrels ...
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USS Harry S Truman Visits UK: Why It’s Hard to Sink an Aircraft Carrier

The USS Harry S. Truman, one of America's 10 aircraft carriers, visited the United Kingdom's Portsmouth Naval Base. The Navy said the visit was a casual stopover. Some military observers ...
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Boeing Notches Second Big Defense Contract in a Week, Wins T-X Training Jet

The U.S. Air Force announced Thursday that Boeing Co. (NYSE: BA) has been awarded a $9.2 billion contract to build the service's next training jet. The so-called T-X will replace ...
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Bezos Rocket Company Wins Engine Supply Contract

Blue Origin, a space-transportation firm owned by Amazon.com Inc. (NASDAQ: AMZN) founder and CEO Jeff Bezos, has reportedly won a contract to supply engines for a new Vulcan rocket being ...
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