Aerospace & Defense
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Security preparations start in Georgia for potential Trump indictment: report
Orange barricades have been set up outside Georgia’s Fulton County Courthouse, in the first visible sign of extra security before an expected indic...
Surf Air Mobility stock debuts at $5, then tumbles
Better late than never, as the shares of Surf Air Mobility Inc. SRFM began trading with only about an hour left in Thursday’s session, and dropped ...
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UFO hearing: Whistleblower tells House subcommittee that U.S. government is ‘absolutely’ in possession of unidentified craft
Witnesses and lawmakers spoke during a much-anticipated hearing on UFOs held by the House Oversight Committee’s subpanel for national security.
RTX stock slips after BofA downgrades on 1st day of company’s new name
Shares of RTX Corp. RTX, formerly known as Raytheon Technologies Corp., slipped 0.2% in morning trading Thursday on the first day under the aerospace and defense contractor’s new name. The stock had dropped 11.0% over the ...
U.S. durable goods orders climb 4.7% led by Boeing contracts
Orders for long-lasting goods made in America jumped 4.7% in June due to a flush of new contracts for Boeing passenger planes.
Northrop Grumman profit falls 14% but beats target and lifts outlook
Northrop Grumman Corp. NOC stock was up by 0.8% in premarket trades Thursday after the defense contractor beat its revenue and earnings target and raised the low end of its 2023 outlook. Northrop reported second-quarter pr...
Honeywell stock dips after profit tops expectations but revenue comes up a bit shy
Shares of Honeywell International Inc. HON slipped 0.6% in premarket trading Thursday, after the aerospace and defense company reported second-quarter profit that topped expectations but revenue that came up a bit shy as c...
Alphabet, XPeng stocks surge, Microsoft and Dish shares sink — and more stocks on the move
Here are some of the most notable stock-market movers in Wednesday trading.
Boeing’s stock leaps 5% after company’s big revenue and free-cash-flow beats
Boeing's stock took off after the aerospace and defense company's quarterly results beat Wall Street expectations and included free cash flow of $2.6 billion.
House subcommittee holds hearing on UFOs: ‘We’re done with the cover-ups’
The House Oversight Committee's subpanel for national security is holding a hearing Wednesday on "unidentified anomalous phenomena," also called UFOs.
Here are the U.S. airlines most likely to take a hit from Raytheon’s jet-engine problem
U.S. airlines including Spirit and Delta are looking at some extra downtime for their jets after Raytheon disclosed problems with some of its jet engines.
Raytheon’s stock has worst selloff in more than 3 years after company says some Pratt & Whitney engines need to be removed from service
Raytheon's stock tumbled 10% on Tuesday after the company said it needs to remove certain Pratt & Whitney jet engines from service.
Genernal Dynamics stock rises toward 3-month high after earnings beat, amid record backlog and strong cash flow
Shares of General Dynamics Corp. GD rallied 1.8% toward a three-month high in premarket trading Wednesday, after the aerospace and defense company beat second-quarter earnings expectations, amid a record backlog and stron...
GE and 3M shares rally after earnings, stocks of Raytheon and Spotify tumble, and other stocks on the move
Shares of GE, 3M, Raytheon, Spotify and Tupperware were among Tuesday's bigger movers on Tuesday.
GE stock surges toward a 6-year high after a big earnings beat and raised outlook
GE's stock jumped Tuesday, after the aerospace and renewable energy company beat Q2 earnings expectations and boosted its full-year outlook.
Inpixon to combine with crossover plane maker XTI Aircraft
Inpixon INPX said Tuesday it agreed to combine with XTI Aircraft Co., developer of the TriFan 600 fixed-wing vertical takeoff and landing plane, in a deal that values the company at $252 million to $343 million based on in...
Opinion Ukraine’s membership in NATO is needed to keep critical technology out of China’s hands
The West must show Beijing it is willing to fight for Ukraine -- and Taiwan, writes Peter Morici.
CIA director William Burns elevated to Biden cabinet
Central Intelligence Agency Director William Burns has been asked by President Joe Biden to join the cabinet, the White House said Friday. “Under his leadership, the CIA is delivering a clear-eyed, long-term approach to ou...
SpaceX and Virgin Galactic are pushing space tourism, but most Americans plan to stay on Earth, poll finds
Elon Musk's SpaceX and Richard Branson's Virgin Galactic are offering to let tourists orbit the Earth, but most U.S. adults don't want to go, Pew Research said.
Philadelphia Fed’s manufacturing gauge stuck in negative territory for 11th straight month
The Philadelphia Fed said Thursday that its gauge of regional business activity inched up to negative 13.5 in July, from negative 13.7 in the previous month.
Virgin Galactic stock set for highest percentage gain in three weeks
Shares of Virgin Galactic Holdings Inc. SPCE are on pace for their highest one-day percentage gain in three weeks. The stock is up 4.7% Wednesday and on track to record its highest one-day percentage gain since Jun 28, whe...
