Latest Aerospace and defense industry News

Bulgarian parliament approves military aid to Ukraine

Dec. 09, 2022 12:21 PM EST

SOFIA, Bulgaria (AP) — Bulgarian lawmakers on Friday approved the country’s first military assistance package to Ukraine involving a classified list of weapons prepared by the government. The National Assembly voted 148-46 with one abstention in favor of the weapons to Kyiv...

Japan to jointly develop new fighter jet with UK, Italy

Dec. 09, 2022 07:12 AM EST

TOKYO (AP) — Japan announced Friday that it will jointly develop its next-generation fighter jet with the U.K. and Italy as it looks to expand defense cooperation beyond its traditional ally, the United States. The Mitsubishi F-X fighter jet will replace the aging fleet of F-2s...

SpaceX gives rival's internet satellites ride to orbit

Dec. 08, 2022 18:51 PM EST

CAPE CANAVERAL, Fla. (AP) — SpaceX launched internet satellites for a competitor Thursday, stepping in to help after the London-based OneWeb company halted its flights with Russia over the invasion of Ukraine. The Falcon rocket blasted off at sunset with 40 mini satellites bound...

George Johnson, last veteran of Dambusters raid, dies at 101

Dec. 08, 2022 10:38 AM EST

LONDON (AP) — George “Johnny” Johnson, the last known survivor of Britain’s daring World War II “Dambusters” bombing raid on German infrastructure, has died. He was 101. Britain’s national news agency, PA, said Johnson died peacefully at a care home in the Bristol area...

Boeing's last 747 to roll out of Washington state factory

Dec. 07, 2022 20:39 PM EST

SEATTLE (AP) — After more than half a century, the last Boeing 747 rolled out of a Washington state factory on Tuesday. The 747 jumbo jet has taken on numerous roles — a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers, and the Air Force One...

Campbell, MongoDB rise; Smith & Wesson, AeroVironment fall

Dec. 07, 2022 16:28 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Mastercard Inc., down 11 cents to $347.42. The processor of debit and credit card payments raised its dividend and approved a $9 billion stock buyback program. ...

US approves $425 million in arms sales to Taiwan

Dec. 06, 2022 22:43 PM EST

WASHINGTON (AP) — The Biden administration on Tuesday signed off on two new significant arms sales to Taiwan in approvals that are sure to rankle China. The State Department said it had okayed sales worth more than $425 million of spare aircraft parts to support Taiwan's fleet of...

Ukraine leader defiant as drone strikes hit Russia again

Dec. 06, 2022 18:00 PM EST

KYIV, Ukraine (AP) — Drones struck inside Russia’s border with Ukraine on Tuesday in the second day of attacks exposing the vulnerability of some of Moscow’s most important military sites, experts said. Ukrainian officials did not formally confirm carrying out drone strikes...

Boeing's last 747 to roll out of Washington state factory

Dec. 06, 2022 16:27 PM EST

SEATTLE (AP) — After more than half a century, Boeing is set to roll its last 747 out of a Washington state factory on Tuesday. The jumbo jet — which has taken on numerous roles as a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers and as the Air Force...

NRG Energy, Meta Platforms fall; Textron, Signet rise

Dec. 06, 2022 16:27 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Gitlab Inc., up $3.62 to $41.95. The software company reported strong third-quarter financial results. NRG Energy Inc., down $6.16 to $34.68 The...