Latest Aerospace and defense industry News

No final decision on withdrawing US troops from Niger and Chad, top official tells AP

Apr. 24, 2024 22:59 PM EDT

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...

Texas Instruments, Mattel rise; General Dynamics, Teledyne fall, Wednesday, 4/24/2024

Apr. 24, 2024 16:18 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: Tesla Inc., up $17.45 to $162.13. The electric vehicle maker plans to accelerate production of new, more affordable vehicles. Visa Inc., up 91 cents to $275.02. ...

Teledyne: Q1 Earnings Snapshot

Apr. 24, 2024 07:13 AM EDT

THOUSAND OAKS, Calif. (AP) — THOUSAND OAKS, Calif. (AP) — Teledyne Technologies Inc. (TDY) on Wednesday reported first-quarter net income of $178.5 million. On a per-share basis, the Thousand Oaks, California-based company said it had net income of $3.72. Earnings, adjusted for...

General Dynamics: Q1 Earnings Snapshot

Apr. 24, 2024 07:08 AM EDT

RESTON, Va. (AP) — RESTON, Va. (AP) — General Dynamics Corp. (GD) on Wednesday reported first-quarter earnings of $799 million. The Reston, Virginia-based company said it had profit of $2.88 per share. The results missed Wall Street expectations. The average...

As airplane makers struggle to meet demand, Morocco wants to become a manufacturing hub

Apr. 23, 2024 11:59 AM EDT

CASABLANCA, Morocco (AP) — Moroccan officials want to turn the country into an aviation hub, luring investors aiming to spread out their supply chains to more nations with available and affordable workers. The North African kingdom is among a longer list of countries vying for...

Lockheed: Q1 Earnings Snapshot

Apr. 23, 2024 07:36 AM EDT

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Lockheed Martin Corp. (LMT) on Tuesday reported first-quarter earnings of $1.55 billion. The Bethesda, Maryland-based company said it had net income of $6.39 per share. Earnings, adjusted for non-recurring gains, came to $6.33 per share....

The US military will begin plans to withdraw troops from Niger

Apr. 20, 2024 12:03 PM EDT

DAKAR, Senegal (AP) — The United States will begin plans to withdraw troops from Niger, U.S. officials said Saturday, in what experts say is a blow to Washington and its allies in the region in terms of staging security operations in the Sahel. The planned departure comes as U.S. officials said...

The US attempts a new military deal with Niger in a last ditch effort to stay

Apr. 19, 2024 12:45 PM EDT

DAKAR, Senegal (AP) — The United States is attempting to create a new military agreement with Niger that would allow it to remain in the country, weeks after the junta said its presence was no longer justified, two Western officials told The Associated Press Friday. The officials,...

U.S. and UK sanction Iranian firms involved in drone production in response to Tehran's attack on Israel

Apr. 18, 2024 09:32 AM EDT
WASHINGTON (AP) — U.S. and UK sanction Iranian firms involved in drone production in response to Tehran's attack on Israel.

Artist and curators refuse to open Israel pavilion at Venice Biennale until cease-fire, hostage deal

Apr. 16, 2024 16:39 PM EDT

VENICE, Italy (AP) — The artist and curators representing Israel at this year’s Venice Biennale announced on Tuesday they won't open the Israeli pavilion exhibit until there is a cease-fire in Gaza and an agreement to release hostages seized by Hamas on Oct. 7. Their decision,...