Hexcel (NYSE:HXL) reported higher second-quarter sales, margins and cash flow as commercial aircraft production rates increased, led by demand on wide-body programs including the Airbus A350 and Boeing 787. Second-quarter sales totaled $529 million, up 8% from the prior-year period, while adjusted
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Wildfires tearing through a historic region for the sectors have prompted Airbus, Thales and MBDA to shut factories and Dassault to shift sensitive equipment.
Airbus is on track for its delivery targets and looking into smaller defense deals in its M&A efforts, CFO Thomas Toepfer tells Bloomberg's Romaine Bostick.
The European plane maker's second-quarter adjusted operating profit rose 54% to €2.43 billion, topping analyst estimates
The European plane maker said adjusted earnings before interest and taxes—its preferred measure of profitability—jumped 54% on year to €2.43 billion.
Today Federal Reserve meeting: Fed Chairman Kevin Warsh will hold a press conference at 2:30 p.m. ET, following the FOMC interest-rate decision at 2 p.m. Earnings (a.m): Procter & Gamble, Humana, L3Harris, Biogen, General Dynamics, Teva Pharmaceuticals, Airbus Earnings (p.
Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.
Boeing reports second quarter numbers on Tuesday. Wall Street is looking for an operating profit of about $460 million up from a year-ago operating loss of almost $200 million.
(Bloomberg) -- The latest transatlantic technology brouhaha unfolded on Instagram. Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals Anew With No End in SightAwakened Indian Students Hand Modi One of His Biggest SetbacksDuring a week in June when the leaders of the Group of Seven descended on France and Paris held
(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%
July 23 (Reuters) - RTX raised its 2026 sales and profit forecasts on Thursday, betting on sustained demand for commercial aircraft maintenance and military systems, as airlines keep older jets flying and governments replenish weapons stockpiles. The Arlington, Virginia-based aerospace and defense company said its backlog rose 22% from a year earlier to $289 billion, including $170 billion in commercial aerospace orders and $119 billion in defense.
The European stock markets closed higher in Wednesday trading as strong earnings reports outweighed
By Sarah Young FARNBOROUGH, England, July 22 (Reuters) - BAE Systems revealed a new unmanned fighter jet on Wednesday, boosting Britain's entry into one of the defence industry's hottest and most
The stock gained more than 7% after the group said it aimed to significantly boost its profitability in the coming years, betting demand will remain strong.
The European plane maker is weighing a stretched version of its A350, putting it in direct competition with Boeing’s troubled 777X jumbo jet.
By Sarah Young FARNBOROUGH, England, July 21 (Reuters) - Britain's Rolls-Royce needs a decision from the UK government soon on whether it will provide a subsidy to help the engineering company develop
Investing.com -- Boeing has requested the U.S. government to push the European Union for details about a €3 billion ($3.43 billion) loan package to Airbus, according to a Reuters report Tuesday. The move brings back potential trade tensions after the two sides extended a tariff truce over jet subsidies.
By Tim Hepher and David Shepardson FARNBOROUGH, England, July 21 (Reuters) - Boeing has asked the U.S. government to press the European Union for transparency over a package of €3 billion ($3.43
FARNBOROUGH, UK, July 20 (Reuters) - IndiGo, India's largest airline, has signed a memorandum of understanding with CFM International to buy over 1,000 LEAP-1A engines, which would mark a record deal
FARNBOROUGH, England, July 20 (Reuters) - Farnborough Airshow opened on Monday with Boeing and Airbus securing the first aircraft orders, while defence companies unveiled lower-cost interceptor missiles and drones as the wars in Ukraine and the Middle East drive demand for stronger air-defence capabilities. Ongoing conflicts are shaping discussions at the July 20 to 24 Farnborough Airshow, one of the world's largest aerospace and defence gatherings, bringing together hundreds of companies acr
(Bloomberg) -- Kelly Ortberg attends his first Farnborough Air Show next week as Boeing Co. chief executive officer, looking to pry orders away from Airbus SE while walking a fine political line as US President Donald Trump claims his outsized influence over the planemaker’s sales.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseChip Stocks Slide Into Bear Market in AI Unwind: Markets WrapSpaceX Slump Wip
Airbus said on Thursday it had signed a multi-year agreement with Iliad-owned Scaleway to provide cloud infrastructure for sensitive industrial and defence applications, supporting the deployment of AI tools developed with French startup Mistral. The European planemaker said Scaleway would host critical applications spanning aircraft design, engineering, industrial production and corporate operations. Airbus signed a partnership with Mistral in May to co-develop customised AI tools for aerospace and defence.
MONTREAL, July 15 (Reuters) - Quebec would partner with Canada and Airbus, if the planemaker moves ahead with a proposed plan to stretch its smallest jet, a spokesperson for the Canadian province's
More than 6,500 miles from the West Coast in the southwestern Pacific Ocean, New Zealand is, for many, a dream holiday destination, due to both its striking natural beauty and the cost and time commitment required for those visiting from North America. Along with flag carrier Air New Zealand, ...
By Joanna Plucinska and Tim Hepher LONDON, July 8 (Reuters) - Airbus on Wednesday revised down its 20-year industry-wide forecast for passenger aircraft demand by 1% after the Iran war and trade
Airbus will make its first foray into aircraft engines through a joint venture with Germany’s MTU Aero Engines to develop a hydrogen propulsion...
Quantum Systems said it had raised $1.2 billion at a valuation of roughly $8 billion, bringing in fresh capital to expand drone production and invest in software for autonomous systems powered by artificial intelligence.
By Joe Brock MOJAVE DESERT, California, July 2 (Reuters) - Inside a cavernous aircraft hangar in the Mojave Desert, JetZero is building a full-size demonstrator of what could be a 200-plus-seat jet, a
Honeywell Aerospace (HONA) shares rose Monday in their Nasdaq debut, opening above their when-issued closing price and trading as high as $238.19 as investors got their first look at a newly independent aerospace and defense company separated from Honeywell. Honeywell Aerospace had closed at ...
The financing will support the company’s investments in commercial aviation, security and defense, with projects in France, Germany and Spain as the bloc seeks to build out its tech capabilities.