Tag: Aerospace and Defense

Lockheed to make cheaper Patriot interceptors as air defense demand soars

Lockheed Martin announced a lower-cost Patriot ‌interceptor on Monday as U.S. and European governments seek more affordable ways to counter the mass missile and drone attacks that have become a defining feature of the wars in Ukraine and the Middle East.

Super Micro surges 15% on new order and margin disclosure after SpaceX announcement

Shares of Super Micro Computer jumped 15% after the server maker said Tuesday it now sees higher margins than previously projected for the June quarter, with a surge in new orders.

Rocket Lab wins $266 million Defense contract

Rocket Lab USA Inc. has been awarded a $266 million firm-fixed-price completion contract by the U.S. Department of War for suborbital launch services. The contract provides for the launch of 12 suborbital launch vehicles, with six optional launches.

Northrop Grumman raises 2026 forecasts on strong weapons demand

Defense supplier Northrop Grumman on Tuesday lifted its 2026 sales and adjusted profit forecast, supported by sustained demand for weapons amid a ​wave of global geopolitical conflicts.

SpaceX Stock Is Trying to End a 6-Day Losing Streak. A Defense Department Deal Would Help.

SpaceX  hopes some of its on-the-ground assets can be used to stem the stock’s recent slide.

SpaceX aborts Starship test flight, sending stock lower

SpaceX scrubbed the launch of its Starship mega rocket on Thursday, with CEO Elon Musk pledging to make another attempt “hopefully in a few days.”

Naval Group και PPC Inspectra υπέγραψαν συμφωνία για τις φρεγάτες FDI

Συμφωνία-πλαίσιο με την PPC Inspectra, θυγατρική του Ομίλου ΔΕΗ, υπέγραψε η Naval Group Hellas, η ελληνική θυγατρική της γαλλικής Naval Group, για την παροχή υπηρεσιών εργαστηριακών δοκιμών, επιθεωρήσεων και πιστοποίησης.

GE boosts profit outlook, but stock falls as booming order growth cools

Shares of GE Aerospace were slumping in early Thursday trading after the jet-engine maker and defense contractor raised its full-year profit outlook but showed the rapid order growth it has recently experienced was slowing down.

United earnings top estimates but airline expects $6 billion in added fuel costs

United Airlines’ second-quarter results came in ahead of Wall Street estimates, but billions of dollars in added fuel costs continue to weigh on earnings, the carrier said Wednesday.

EasyJet pops 13% as airline weighs $7.7 billion rival takeover bid from Apollo

EasyJet stock soared Friday after the budget carrier said it is considering a $7.7 billion takeover bid from Apollo Global Management, putting the airline at the center of a private equity bidding war.

Delta launches ‘basic business’ fares without lounge access, seat selection

Delta Air Lines is dividing up the front of the plane into even smaller groups, offering a new “basic” fare for business and first classes that comes without perks like free seat selection and airport lounge access.

Metlen: Deal με όμιλο Τσάκου, με 40% σε SPV για έργα ΑΠΕ

Η METLEN και ο Όμιλος Τσάκου επισφράγισαν την έναρξη της συνεργασίας τους μέσω της εισόδου της ΜETLEN σε υφιστάμενη εταιρεία ειδικού σκοπού (Special Purpose Vehicle – SPV) του Ομίλου Τσάκου

Honeywell Aero to develop more defense products for Europe outside US export controls

U.S. supplier Honeywell Aerospace (HONA.O), opens new tab is looking to add more products designed without restricted U.S. technologies ‌as mounting European defense spending drives demand for parts free from possible export roadblocks.

Bezos’ Blue Origin valued at $130 billion in first public fundraising round

Jeff Bezos’ Blue Origin is raising about $10 billion, in its first outside funding round that will value the rocket company at $130 billion, sources told CNBC’s Andrew Ross Sorkin.

Metlen: Σκληρή απάντηση στις φήμες για ΑΜΚ

Φήμες που ήθελαν τη Metlen να προωθεί αύξηση του μετοχικού της κεφαλαίου κυκλοφόρησαν σήμερα στην αγορά, ασκώντας πίεση και στη μετοχή.

SpaceX is joining the Nasdaq 100. Here’s what to know

SpaceX is set to officially join the Nasdaq 100 index on Tuesday, giving investors new exposure to the stock while triggering billions of dollars in automatic purchases by index funds.

Lockheed Martin leading race for $3.5 billion purchase of naval defense firm Ultra Maritime

Defense heavyweight Lockheed Martin is leading the race to buy naval defense group Ultra Maritime, CNBC has learned.

SpaceX Stock Falls After Firm Calls Valuation ‘Catastrophic’

SpaceX stock was down slightly early Thursday after a couple of new Wall Street reports that just aren’t very bullish.

AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion

Dronemaker AeroVironment reported fourth-quarter earnings that beat on the top and bottom lines.

SpaceX, Charter Discussed Mobile Phone Partnership in US

SpaceX and Charter Communications Inc. have held executive-level talks about partnering on a consumer mobile phone offering, according to people familiar with the matter.