Latest Aerospace and defense industry News
Israeli strikes hit southern Lebanon, but tense ceasefire holds
TYRE, Lebanon (AP) — Israeli jets Sunday launched an airstrike over a southern Lebanese border village, while troops shelled other border towns and villages still under Israeli control, Lebanon's state-run National News Agency reported. The attacks come days after a US-brokered...
Day 2 of the Israel-Hezbollah ceasefire sees Israeli airstrike on Lebanon and scattered attacks
BEIRUT (AP) — Israel on Thursday carried out its first airstrike on Lebanon since a truce with Hezbollah announced this week, saying it targeted the militant group's activity at a rocket storage facility in southern Lebanon that breached the ceasefire. Lebanese authorities...
S&W Seed: Fiscal Q1 Earnings Snapshot
LONGMONT, Colo. (AP) — LONGMONT, Colo. (AP) — S&W Seed Co. (SANW) on Tuesday reported a loss of $16.2 million in its fiscal first quarter. On a per-share basis, the Longmont, Colorado-based company said it had a loss of $7.11. Losses, adjusted to account for discontinued...
Biden calls Israel and Hezbollah ceasefire 'good news' as sides come to terms on agreement to pause fighting
Investigation reveals a Russian factory's plan to mix decoys with a new deadly weapon in Ukraine
KYIV, Ukraine (AP) — A high-tech factory in central Russia has created a new, deadly force to attack Ukraine: a small number of highly destructive thermobaric drones surrounded by huge swarms of cheap foam decoys. The plan, which Russia dubbed Operation False Target, is intended...
Operation False Target: How Russia plotted to mix a deadly new weapon among decoy drones in Ukraine
KYIV, Ukraine (AP) — At a secretive factory in Russia's central grasslands, engineers are manufacturing hundreds of decoy drones meant to overwhelm Ukrainian defenses as they try to protect against a horrific new weapon, an Associated Press investigation has found. The plant at...
Chinese and Philippine forces again avoid a clash in a fiercely disputed shoal under a rare deal
MANILA, Philippines (AP) — The Philippine navy transported food and other supplies to a territorial ship outpost in a shoal in the South China Sea without any confrontation with Chinese forces guarding the disputed area, officials said Friday. The Philippine delivery of supplies...
Air Industries: Q3 Earnings Snapshot
BAY SHORE, N.Y. (AP) — BAY SHORE, N.Y. (AP) — Air Industries Group (AIRI) on Thursday reported a loss of $404,000 in its third quarter. The Bay Shore, New York-based company said it had a loss of 12 cents per share. The maker of parts for the aerospace industry and...
Army says the US will restart domestic TNT production at plant to be built in Kentucky
FRANKFORT, Ky. (AP) — The U.S. Army awarded a $435 million contract on Friday to build a TNT production plant in western Kentucky that will become the first domestic source for the explosive material in decades, officials said. Senate Republican leader Mitch McConnell, a key player...
Embraer: Q3 Earnings Snapshot
SAO JOSE DOS CAMPOS, Brazil (AP) — SAO JOSE DOS CAMPOS, Brazil (AP) — Embraer SA (ERJ) on Friday reported profit of $178.8 million in its third quarter. On a per-share basis, the Sao Jose Dos Campos, Brazil-based company said it had net income of 97 cents. Earnings, adjusted for...