Firefly Aerospace’s Alpha rocket will fly for the fifth time ever early Tuesday morning (July 2), and you can watch the action live. The mission, which Firefly calls “Noise of Summer,” is scheduled to launch from California’s Vandenberg Space Force Base at 12:03 a.m. EDT (0403 GMT; 9:03 p.m. on July 1 local California time). […]
Jun. 28—An engineering company that works with some of the biggest players in the aerospace industry plans to relocate eight jobs to downtown Dayton and add more than two dozen others over the next several years. Kaney Aerospace, headquartered in Rockford, Illinois, has opened a technical field office at 205 E. First St. in downtown […]
War in Ukraine, war in the Middle East, saber-rattling in China – there’s no question that the global security situation is turning chaotic. Closer to home, the halls of Congress are seeing an unusual degree of bipartisan agreement on defense spending. And in the stock markets, investors are taking a closer look at aerospace and […]
For about 15 minutes on July 21, 1961, American astronaut Gus Grissom felt at the top of the world – and indeed he was. Grissom crewed the Liberty Bell 7 mission, a ballistic test flight that launched him through the atmosphere from a rocket. During the test, he sat inside a small capsule and reached […]
Marco Bonilla Mendoza, the newly re-elected mayor of Chihuahua, the capital of México’s largest state, aims to have fully assembled aircraft from U.S. manufacturers Bell and Cessna taking off from Chihuahua within the next three years. Infrastructure is currently being prepared, as thousands of aircraft parts manufactured in the city, located in northern México, are […]
Imagine keeping a laser beam trained on a dime that’s 200 miles away. Now imagine doing that continuously for 24 hours, while riding a merry-go-round. Seem difficult? Well, that’s basically what the Hubble Space Telescope does. After months of technical issues, NASA announced June 4 that Hubble would shift into one-gyroscope mode. This essentially means […]
Let’s not string things along here. The answer is roughly $46,000. This significant return represents an exceptional performance for investors who parked $10,000 in the former General Electric stock five years ago, coinciding with the early years of CEO Larry Culp’s tenure. While the lineal heavyweight champion to GE is now GE Aerospace (NYSE: GE), […]
A prominent Wall Street analyst has some doubts about GE Aerospace‘s (NYSE: GE) current quarter, and investors are taking note. Shares of GE Aerospace traded down 4% as of 11:30 Eastern after JPMorgan Chase cut its second-quarter sales estimate to an analyst-low $8.4 billion. Supply chain chaos could eat into deliveries GE Aerospace is the […]
JERUSALEM — The Israel Aerospace Industries workers’ union has reached an agreement with the government’s Finance Ministry where so-called salary anomalies previously provided to company employees will be recognized as special retroactive grants, according to the union. IAI’s labor dispute came to light in early May after the ministry demanded the return of funds received […]
GE Aerospace (GE) has soared in 2024 amid its conversion to a pure-play aerospace company. Meanwhile, many airlines are facing delays from production and quality control issues, which is giving GE Aerospace’s aftermarket business a boost. Is GE stock a buy? X GE Aerospace — Stand-alone ‘Crown Jewel’ The aerospace and defense pure-play company emerged […]
BEIJING (AP) — China’s Commerce Ministry said Thursday it will restrict exports of some aviation and aerospace-related equipment and technology beginning July 1. A notice seen Thursday on the ministry’s website said the move was to safeguard national security and interests and fulfill international obligations such as non-proliferation. Exports of items designated under the new […]
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