U.S. aviation authorities are considering new safety-related penalties or other enforcement action against Boeing, even as they prepare to allow its 737 MAX fleet back in the air.
Defense & Aerospace
Some analysts think military spending is likely to stay high in the coming years.
Elon Musk’s SpaceX was dismissed by Pentagon brass during its early years. But now, the billionaire entrepreneur and his company are enjoying more success than ever in snaring Pentagon business.
The U.S. Air Force recently bought dozens of Chinese-made drones to use for testing and training, fueling concerns about continued use of technology that lawmakers consider a threat to national security.
Most telecom companies call a military-civilian system unworkable, but Charlie Ergen’s satellite-TV company says it could help.
Several of these businesses recently have entered into medical delivery partnerships with drug companies and retailers—including Merck & Co. and Walmart Inc.— that could help position them to take part in the high-profile effort to distribute Covid-19 vaccines.
Here are seven major companies whose stocks moved on the week’s news.
The jet-engine business faces a gloomier outlook than investors expected, but trimming expenses could still provide an edge over rivals.
Early talks with customers are gauging interest in a single-aisle aircraft with improved engines that could carry between 200 and 250 passengers.
The space entrepreneur said Virgin Orbit, which is aiming for additional demonstration flights in the coming months after a setback earlier this year, will require roughly $200 million in additional cash infusion.
By unveiling a more menacing weapon at a military parade, Kim Jong Un is hoping the threat—and any test launches—drives up the price for the U.S. of relinquishing them.
The fundraising for the satellite-launch company comes as the British billionaire’s sprawling travel-to-finance empire and the wider commercial space industry have been hit hard by the coronavirus pandemic.
North Korea celebrated 75 years of communism with a military parade at which it unveiled an intercontinental missile that is likely larger than anything else like it on Earth.
Today’s Top Supply Chain & Logistics News.
U.S. carriers are using higher amounts of some chemicals to show their planes are safe. The unknown long-term effects of these antiviral sprays concern some scientists.
Israeli Prime Minister Benjamin Netanyahu accused Hezbollah of improperly storing explosive weapons in civilian areas of Lebanon’s capital that could blow up soon, adding pressure on the Iran-allied group as it faces criticism over August’s deadly explosion in Beirut.
The U.S. action threatens to cut off SMIC, which is at the heart of Beijing’s efforts to compete in advanced technology, from equipment used to manufacture chips.
Gun maker Remington Outdoor will be broken up and sold after a multiday bankruptcy auction, in which seven different buyers won the bidding for different parcels of the company’s weapons and ammunition holdings.
Impresa Aerospace, a parts maker involved in the manufacture of Boeing’s 737 MAX airliners, has filed for bankruptcy protection after losing revenue due to the aircraft’s grounding in the wake of two fatal crashes.
Hypergiant Industries tapped a former IBM official as its first chief technology officer, the artificial intelligence startup said.