Latest Aerospace and defense industry News

Iowa metal manufacturer settles US government complaint

Aug. 08, 2022 17:09 PM EDT

DES MOINES, Iowa (AP) — A southwest Iowa company that makes metal castings used by military contractors in helicopters and other equipment has reached a settlement in a lawsuit alleging the company failed to test the castings and falsely certified test results over seven years. ...

At least 100,000 expected for NASA's moon launch

Aug. 06, 2022 03:21 AM EDT

MELBOURNE, Fla. (AP) — Sold-out hotels. Excitement that seems to grow by the day. The potential for hundreds of thousands of visitors, support staff, and more. These are just a few of the factors being calculated into preparations for Artemis I, the first launch of NASA’s...

Amazon to buy vacuum maker iRobot for roughly $1.7B

Aug. 05, 2022 15:03 PM EDT

NEW YORK (AP) — Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collection of smart home appliances amid broader concerns from anti-monopoly and privacy advocates about Amazon's market...

South Korean spacecraft launched to the moon, country's 1st

Aug. 05, 2022 07:03 AM EDT

CAPE CANAVERAL, Fla. (AP) — South Korea joined the stampede to the moon Thursday with the launch of a lunar orbiter that will scout out future landing spots. The satellite launched by SpaceX is taking a long, roundabout path to conserve fuel and will arrive in December. ...

UN experts: North Korea is paving the way for new nuke tests

Aug. 04, 2022 20:45 PM EDT

UNITED NATIONS (AP) — U.N. experts say North Korea is paving the way for additional nuclear tests with new preparations at its northeastern test site and continues to develop its capability to produce a key ingredient for nuclear weapons. The experts also said in key excerpts from...

Robbers ambush armored vehicle in California, shoot guard

Aug. 04, 2022 20:21 PM EDT

LOS ANGELES (AP) — At least two robbers ambushed an armored vehicle in broad daylight Thursday and opened fire on the armed guards, injuring one critically in a Southern California casino's parking lot before fleeing with cash, police said. At least two suspects, armed with...

Machinists at 3 Boeing defense plants ratify new contract

Aug. 03, 2022 20:13 PM EDT

ST. LOUIS (AP) — Nearly 2,500 workers at three Boeing defense plants in the Midwest voted Wednesday to ratify a contract that their union said will raise pay by an average of 14% over three years and add inflation adjustments. The vote by members of the International Association of...

PayPal, CVS rise; Match Group, Mercury Systems fall

Aug. 03, 2022 16:20 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Advanced Micro Devices Inc., down $1.20 to $98.09. The chipmaker gave investors a disappointing revenue forecast for the current quarter. PayPal Holdings Inc., up...

France: Explosion at gunpowder chemical plant injures 8

Aug. 03, 2022 12:29 PM EDT

PARIS (AP) — An explosion Wednesday at a French plant that produces a component of gunpowder injured eight people, one of them seriously, local officials in southwest France said. The plant located in the town of Bergerac specializes in making nitrocellulose, a highly flammable...

Wife of defense contractor claims stolen ID is her real name

Aug. 02, 2022 19:39 PM EDT

The wife of a U.S. defense contractor, who together are charged in Hawaii federal court with fraudulently cloaking themselves in the stolen identities of two deceased Texas infants for three decades, said Tuesday that she’s not the person prosecutors say she is. When the case of...