Latest Aerospace and defense industry News
Greece signs deal to buy 20 US-made F-35 jets in major military overhaul
ATHENS, Greece (AP) — Greece formally approved an offer to buy 20 F-35 Joint Strike Fighters from the United States as part of a major defense overhaul, government officials said Thursday. Defense Minister Nikos Dendias said while visiting a military air base near Athens that the...
Northrop Grumman: Q2 Earnings Snapshot
FALLS CHURCH, Va. (AP) — FALLS CHURCH, Va. (AP) — Northrop Grumman Corp. (NOC) on Thursday reported second-quarter net income of $940 million. The Falls Church, Virginia-based company said it had profit of $6.36 per share. The results beat Wall Street expectations....
FAA agrees with air traffic controllers' union to give tower workers more rest between shifts
WASHINGTON (AP) — The Federal Aviation Administration said Wednesday it will increase minimum rest time between shifts for air traffic controllers after highly publicized close calls between planes that were following orders from controllers. The FAA and the National Air Traffic...
General Dynamics: Q2 Earnings Snapshot
RESTON, Va. (AP) — RESTON, Va. (AP) — General Dynamics Corp. (GD) on Wednesday reported second-quarter earnings of $905 million. On a per-share basis, the Reston, Virginia-based company said it had profit of $3.26. The results fell short of Wall Street...
Teledyne: Q2 Earnings Snapshot
THOUSAND OAKS, Calif. (AP) — THOUSAND OAKS, Calif. (AP) — Teledyne Technologies Inc. (TDY) on Wednesday reported second-quarter net income of $180.2 million. The Thousand Oaks, California-based company said it had profit of $3.77 per share. Earnings, adjusted for amortization...
Lockheed: Q2 Earnings Snapshot
BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Lockheed Martin Corp. (LMT) on Tuesday reported second-quarter profit of $1.64 billion. On a per-share basis, the Bethesda, Maryland-based company said it had net income of $6.85. Earnings, adjusted for one-time gains and costs, came to...
Troubled Boeing stays close to the ground at a major UK air show
LONDON (AP) — European planemaker Airbus plans to show off its newest passenger jet with daily flight demonstrations during one of the world's biggest aviation trade fairs. But an ongoing safety and manufacturing crisis has rival Boeing keeping a lower profile at the Farnborough International Air...
Arkansas Gov. Sarah Huckabee Sanders announces trade mission to Europe
LITTLE ROCK, Ark. (AP) — Arkansas Gov. Sarah Huckabee Sanders on Thursday said she's traveling to Europe for her second trade mission there as governor, which will include a visit to an air show in the United Kingdom. The Republican governor announced she's traveling to the...
Elon Musk says he's moving SpaceX, X headquarters from California to Texas
SAN FRANCISCO (AP) — Billionaire Elon Musk says he's moving the headquarters of SpaceX and social media company X to Texas from California. Musk posted on X Tuesday that he plans on moving SpaceX from Hawthorne, California to the company's rocket launch site dubbed Starbase in...
Russian assassination plots against those supporting Ukraine uncovered in Europe, official says
WASHINGTON (AP) — Western intelligence agencies have uncovered Russian plots to carry out assassinations, arson and other sabotage in Europe against companies and people linked to support for Ukraine’s military — one of the most serious being a plan to kill the head of a German arms...
