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White House order shifts focus back to defense stocks
TheStreet48d agoneutral
White House order shifts focus back to defense stocks

President Donald Trump met with the CEOs of Boeing, Lockheed Martin, and Honeywell at the White House on Wednesday, pressing them to speed up weapons production hours after the White House asked Congress for $87.6 billion in supplemental spending tied largely to the Iran war, according to CNBC. The ...

More FedEx MD-11 cargo jets return to service, others are retired
FreightWaves49d agoneutral
More FedEx MD-11 cargo jets return to service, others are retired

FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft. The post More FedEx MD-11 cargo jets return to service, others are retired appeared first on FreightWaves.

Bloomberg54d agoneutral
Trump Displays Refitted Qatar-Gifted Jet to Be Air Force One

(Bloomberg) -- President Donald Trump on Friday unveiled the Boeing Co. 747-8 that will serve as the new US presidential jet, proclaiming the gifted plane from the Qatari government “virtually double the size” of the previous model.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginUS Tells ASML It’s Concerned China May Have Top Chip ToolIran Floats ‘Insurance Fees’ and Asserts Control Over HormuzModi Warns

Drone strikes beyond the battlefield pump up market for technology to repel them
Reuters56d agoneutral
Drone strikes beyond the battlefield pump up market for technology to repel them

BERLIN, June 18 (Reuters) - Drone incursions disrupting airports in Europe and strikes on oil fields in the Middle East are spurring a fast-growing market for radars, jammers and defensive craft to defend airports and infrastructure against new aerial threats. Drone technology has caused upheaval at airports for years, with London's ‌Gatwick Airport among those to have had to suspend flights due to drone alerts pre-2020.

Old Age space ETFs gain over New Age stocks since SpaceX IPO
Yahoo Finance Video56d agoneutralVIDEO
Old Age space ETFs gain over New Age stocks since SpaceX IPO

SpaceX's (SPCX) IPO may be creating a vacuum, and space-themed ETFs are benefitting from the latest phase in the Space Race. Yahoo Finance Markets and Data Editor Jared Blikre looks at the array of thematic space ETFs and how they have been gaining since SpaceX's mega-IPO last Friday.

On brink of IPO, Musk's SpaceX already a household name, Reuters/Ipsos poll finds
Reuters63d agoneutral
On brink of IPO, Musk's SpaceX already a household name, Reuters/Ipsos poll finds

Even before going public, Elon Musk’s SpaceX has become a household name in America — more widely recognized than legacy Apollo-era companies and even prominent 2028 presidential hopefuls, according to a Reuters/Ipsos ‌poll. For the last decade, SpaceX rockets have regularly returned to ocean platforms or giant mechanical arms on the launchpad in controlled ‌landings that resemble science fiction. Just 13% say they have never heard of SpaceX.

GE Aerospace CEO Is Optimistic for More China Deals
Bloomberg65d agoneutralVIDEO
GE Aerospace CEO Is Optimistic for More China Deals

In an interview at the IATA annual meeting in Rio de Janeiro, GE Aerospace CEO Larry Culp remained optimistic that GE could secure more aircraft-engine orders from China following a meeting between President Donald Trump and his Chinese counterpart Xi Jinping in Beijing the previous month, after which their manufacturing partner, Boeing Co. secured an initial batch of commitments.

Etihad Airways CEO Says Carrier Is Discounting Tickets
Bloomberg65d agoneutralVIDEO
Etihad Airways CEO Says Carrier Is Discounting Tickets

Etihad Airways CEO Antonoaldo Neves speaks to Bloomberg's Guy Johnson at the International Air Transport Association (IATA) conference in Rio de Janeiro. He says the carrier is discounting tickets by keeping fares at a stable level despite the 70% jump in fuel costs. Neves also talks about securing delivery dates for new aircraft from Boeing and Airbus SE.

Boeing hits a stealth milestone investors overlooked
TheStreet69d agoneutral
Boeing hits a stealth milestone investors overlooked

Boeing (BA) investors were fixated on two stories in May. One was a long-delayed jet order from China. The other was a slow climb in 737 production. A third development landed on June 1 but didn’t make nearly as much noise. Boeing said its MQ-28 Ghost Bat drone had cleared a key stealth test. ...

SpaceX IPO Could Be a Killer—in More Ways Than One
Barrons.com70d agoneutral
SpaceX IPO Could Be a Killer—in More Ways Than One

Elon Musk’s SpaceX, which is likely to get a $1.8 trillion price tag when it debuts on the Nasdaq next week, carries a host of superlatives. Part of the problem is SpaceX itself. The company combines Musk’s space, satellite, social media, and artificial intelligence divisions, and is expected to float 555 million shares next week with a share price of around $135.

Alphabet $80 Billion Equity Sale Set to Break Fundraising Record
Bloomberg71d agoneutral
Alphabet $80 Billion Equity Sale Set to Break Fundraising Record

(Bloomberg) -- Alphabet Inc.’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Andrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for

Boeing CEO signals massive new FAA move for 737 jets
TheStreet76d agoneutral
Boeing CEO signals massive new FAA move for 737 jets

There is a version of the Boeing story that has dominated headlines for the past two years. It’s the version with production caps, regulatory scrutiny, quality lapses, and a January 2024 door-plug blowout that grounded investor confidence as thoroughly as it grounded the affected aircraft. On May ...

FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes
Reuters77d agoneutral
FAA expects Boeing MAX 7 to be certified this summer, sees more production hikes

WASHINGTON, May 27 (Reuters) - The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be ‌certified this summer and the larger MAX 10 to be approved before the end ‌of the year. FAA Administrator Bryan Bedford told Reuters at an aviation forum in Washington that he also expects Boeing ​will again hike production of the 737 MAX in the next 90 days.

Boeing increasing 737 production after consulting FAA
Reuters77d agoneutral
Boeing increasing 737 production after consulting FAA

May 27 (Reuters) - Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly Ortberg said on Wednesday. "We're off and rolling at the 47 rate, and we ‌should be there in the next couple months," Ortberg said at the Bernstein Annual Strategic Decisions Conference.

Boeing Hits a Key Milestone. The Stock Is Up.
Barrons.com77d agoneutral
Boeing Hits a Key Milestone. The Stock Is Up.

Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.

Investing.com77d agoneutral
Seaport says GE Aerospace selloff is a buying opportunity

Investing.com -- Seaport Research Partners initiated coverage on GE Aerospace with a Buy rating and a $375 price target, arguing that recent weakness in the aerospace giant’s shares presents an attractive entry point for investors betting on a longer-lasting aviation aftermarket boom.