Latest Aerospace and defense industry News
S&W Seed: Fiscal Q3 Earnings Snapshot
LONGMONT, Colo. (AP) — LONGMONT, Colo. (AP) — S&W Seed Co. (SANW) on Tuesday reported a loss of $5.5 million in its fiscal third quarter. On a per-share basis, the Longmont, Colorado-based company said it had a loss of 13 cents. Losses, adjusted for non-recurring costs, were...
Long-haul carrier Emirates sees $4.7 billion profit in 2023 as airline takes flight after pandemic
DUBAI, United Arab Emirates (AP) — The long-haul carrier Emirates announced Monday it saw record profits of $4.7 billion in 2023 as the airline fully took flight after the turbulent years of the coronavirus pandemic disrupted its operations. Emirates, owned by Dubai's government,...
Embraer: Q1 Earnings Snapshot
SAO JOSE DOS CAMPOS, Brazil (AP) — SAO JOSE DOS CAMPOS, Brazil (AP) — Embraer SA (ERJ) on Tuesday reported first-quarter earnings of $28.7 million. The Sao Jose Dos Campos, Brazil-based company said it had net income of 16 cents per share. Losses, adjusted for non-recurring...
China publicizes for the first time what it claims is a 2016 agreement with Philippines
TAIPEI, Taiwan (AP) — For the first time, China has publicized what it claims is an unwritten 2016 agreement with the Philippines over access to South China Sea islands. The move threatens to further raise tensions in the disputed waterway, through which much of the world's trade...
US says it will return to Chad for talks to keep troops in the country
ACCRA, Ghana (AP) — The U.S. military plans to return to Chad within a month for talks about revising an agreement that allows it to keep troops based there, an American general said Wednesday. The U.S. said last month it was withdrawing most of its contingent of about 100 troops...
Biden administration details how producers of sustainable aviation fuel will get tax credits
The Biden administration spelled out guidelines Tuesday for tax breaks designed to boost production of sustainable aviation fuel and help curb fast-growing emissions from commercial airplanes. The Treasury Department actions would clear the way for tax credits for corn-based ethanol...
US to pull troops from Chad and Niger as the African nations question its counterterrorism role
WASHINGTON (AP) — The United States will pull the majority of its troops from Chad and Niger as it works to restore key agreements governing what role there might be there for the American military and its counterterrorism operations, the Pentagon said Thursday. Both African...
Croatian officials welcome the arrival of Rafale fighter jets purchased from France
ZAGREB, Croatia (AP) — The first six of a dozen Rafale multipurpose fighter jets purchased by Croatia from France landed at an air force base near Zagreb on Thursday with a welcome ceremony attended by top officials. The deal, signed in 2021 with French aircraft manufacturer...
Northrop Grumman: Q1 Earnings Snapshot
FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Thursday reported first-quarter net income of $944 million. The Falls Church, Virginia-based company said it had profit of $6.32 per share. The results topped Wall Street...
No final decision on withdrawing US troops from Niger and Chad, top official tells AP
BOSTON (AP) — There has been no final decision on whether or not all U.S. troops will leave Niger and Chad, two African countries that are integral to the military's efforts to counter violent extremist organizations across the Sahel region, a top U.S. military official told The Associated Press...
