Latest Aerospace and defense industry News

FAA wants to fine SpaceX $633,000 for alleged safety violations during 2 Florida launches

Sep. 17, 2024 13:35 PM EDT

CAPE CANAVERAL, FLa. (AP) — SpaceX faces $633,000 in fines for alleged safety violations during two Florida launches last year. The Federal Aviation Administration said Tuesday it’s proposing the civil penalties because of the company's alleged failure to follow licensing...

United Airlines will offer free internet on flights using service from Elon Musk's SpaceX

Sep. 13, 2024 18:34 PM EDT

DALLAS (AP) — United Airlines has struck a deal with Elon Musk's SpaceX to offer satellite-based Starlink WiFi service on flights within the next several years. The airline said Friday the service will be free to passengers and allow them to connect multiple devices. ...

The Palestinian economy is in free fall and will require billions to rebuild, the UN says

Sep. 12, 2024 11:31 AM EDT

GENEVA (AP) — The Palestinian economy is “in free fall,” the United Nations reported Thursday, with production in Gaza plunging to one-sixth of its level before Israeli forces began a blistering military response to the Oct. 7 attacks in the territory. The report from UN Trade...

Smith & Wesson: Fiscal Q1 Earnings Snapshot

Sep. 05, 2024 16:36 PM EDT

SPRINGFIELD, Mass. (AP) — SPRINGFIELD, Mass. (AP) — Smith & Wesson Brands, Inc. (SWBI) on Thursday reported a loss of $2.1 million in its fiscal first quarter. On a per-share basis, the Springfield, Massachusetts-based company said it had a loss of 5 cents. Losses, adjusted...

Musk's Starlink backtracks and says it will comply with judge's order to block X in Brazil

Sep. 03, 2024 19:13 PM EDT

SAO PAULO (AP) — Elon Musk’s satellite-based internet service provider Starlink backtracked Tuesday and said it will comply with a Brazilian Supreme Court justice's order to block the billionaire’s social media platform, X. Starlink said in a statement posted on X that it will...

Ethiopia is worried over a defense deal between Egypt and Somalia as tensions rise in Horn of Africa

Aug. 30, 2024 15:06 PM EDT

MOGADISHU, Somalia (AP) — Ethiopia is increasingly concerned over a recent defense deal between Egypt and Somalia, two countries that Addis Ababa is embroiled in disputes with amid rising tensions in the Horn of Africa region. Cairo and Mogadishu earlier this month signed a...

Pennsylvania ammo plant boosts production of key artillery shell in Ukraine's fight against Russia

Aug. 28, 2024 12:22 PM EDT

SCRANTON, Pa. (AP) — A Pennsylvania ammunition plant that makes a key artillery shell in Ukraine’s fight against Russia has managed to boost production by 50% to meet surging demand, with more capacity set to come on line. Government officials revealed the increase in production...

Flights returning to normal in Colombia as jet fuel shortage is resolved

Aug. 26, 2024 21:43 PM EDT

BOGOTA, Colombia (AP) — The Colombian airlines Avianca and Latam Colombia said late Monday they will operate most of their flights Tuesday and resume full schedules Wednesday, after warning earlier they would have to cancel dozens of flights due to shortages of jet fuel. Avianca...

Drone attack kills at least 21 civilians in northern Mali, Tuareg-led group says

Aug. 25, 2024 19:47 PM EDT

BAMAKO, Mali (AP) — Airstrikes on a village in northern Mali near the Algerian border Sunday killed 21 civilians, including 11 children, a spokesman for a coalition of Tuareg-majority pro-independence groups said. If confirmed, the attack on the village of Tinzaouatine would mark...

White House insists it is making progress on Gaza cease-fire as talks continue over the weekend

Aug. 23, 2024 18:34 PM EDT

BUELLTON, Calif. (AP) — The White House said Friday that cease-fire talks in Cairo have been constructive and will continue over the weekend as the U.S. and Mideast allies continue to press Israel and Hamas to forge an agreement. CIA Director William Burns and Brett McGurk, a...