SunTrust Says Trump Will Make Defense Great Again: 5 Top Buys
In a new research report and sector initiation from SunTrust Robinson Humphrey, the firm is very positive and bullish on defense and the budget cycle.
In a new research report and sector initiation from SunTrust Robinson Humphrey, the firm is very positive and bullish on defense and the budget cycle.
Aerospace industry merger between Safran and Zodiac to create world's third-largest supplier to the industry. Deal is worth about $9.7 billion, including assumption of Zodiac's debt.
While the run in defense and aerospace stocks was good for shareholders, many on Wall Street are starting to take a more cautious view on the sector in 2017.
Lockheed Martin has been targeted by Donald Trump over the costs of the F-35 fighter, but Senator John McCain has proposed that the defense budget rise to $640 billion.
The use of many ground forces, fighter bombers and surveillance planes could become obsolete within 10 years.
Airbus nabs order for 80 passenger jets from Saudi Arabian carrier flynas in a deal worth about $8.6 billion at list prices.
SpaceX two-stage Falcon rocket launched 10 satellites and then its first stage section returned to earth. At this point, it would appear the company has no worth competitors. This may not be entirely true.…
Boeing's Friday morning announcement of a significant order from India's SpiceJet was expected; the size of the order was not.
Boeing's iconic 747 jumbo jet may make its last flight for a US carrier in 2017.
Boeing is about to snag a $10 billion order from India's SpiceJet, while Airbus may have some concerns with Emirates.
Aviation Week reported Tuesday that Boeing has now decided on the length of the 737-10, which the company hopes will give it a competitor to the Airbus A321neo.
European aircraft maker Airbus reported Wednesday morning that the company delivered a record number of commercial jets in 2016.
Boeing has reported that it delivered more commercial jets in 2016 than its delivery target of 740 to 745, but less than the record number in 2015.
Boeing spent much of 2016 in the dog house, but a big rally in the fourth quarter enabled the stock to generate a total return of more than 11% in 2016.
The Air Force is looking to purchase 17 E-8C Joint Surveillance Target Attack Radar System (JSTARS) planes that were first deployed as tank hunters in 1991 during Operation Desert Storm.