ThinkstockU.S. spending on national defense is tightening, but it is still a vast sum. Depending on what is counted, the grand total including items for retirement benefits, the Department of Homeland Security,…
thinkstockAugust 13, 2015: Markets opened slightly higher on Thursday following reassurances from the People’s Bank of China that it is nearly finished tinkering with the country’s currency and that the bank is…
The U.S. Department of Defense and the U.S. Air Force have announced a multiple-award contract with a ceiling of nearly $21 billion for Air Force Training Systems.
thinkstockAugust 10, 2015: Markets opened higher on Monday with the DJIA marching to a triple digit gain early and continuing to inch higher through the close. Today’s driver was Warren Buffett’s deal…
Warren Buffett's Berkshire Hathaway announced this morning that it has reached a definitive agreement to acquire Precision Castparts in a transaction valued at about $37.2 billion.
courtesy of Precision Castparts Corp.The word on the Street is that Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) may spend $30 billion (or likely more) to acquire Precision Castparts Corp. (NYSE: PCP).…
In July, Boeing added 101 orders for new commercial planes to its order book, while rival Airbus took just 26 new orders in the month.
In order to make money you have to spend money. Among those who live by those words are defense contractors.
thinkstockAugust 5, 2015: Markets opened higher again on Wednesday following a surprise jump in the ISM non-manufacturing index. The trade deficit was larger than expected, but was inline with the Census Bureau’s…
Konstantin von Wedelstaedt / Wikimedia CommonsBefore the 1979 revolution, Iran Air was probably the premier air carrier in the Middle East. The company flew a 747-SP on a daily non-stop, 11-hour flight…
Paul Ausick The Boeing Co.After taking a $835 million pre-tax,second-quarter charge on its new KC-46A tanker program and just a few weeks before the plane’s first scheduled test flight, The Boeing Co. (NYSE: BA)…
Paul Ausick The Boeing Co.No one can say that The Boeing Co. (NYSE: BA) doesn’t know how to play hardball. Former CEO and current chairman James McNerney said in Washington on Tuesday night that…
Paul Ausick thinkstockJuly 29, 2015: Markets opened higher on Wednesday and two of the three major indexes spend all day trading above the break-even line; only the Nasdaq Composite took a brief visit into…
Airbus Group NVOne of India’s leading low-cost airlines, SpiceJet, has been talking with both The Boeing Co. (NYSE: BA) and rival Airbus regarding orders that could total more than 100 single-aisle passenger…
Paul Ausick thinkstockJuly 27, 2015: Markets opened lower on Monday following a drop of 8.5% at the Shanghai exchange after the IMF raised the issue of the degree of government intervention with the country’s…
