Tag: Aerospace and defense industry

Boeing is taking action to preserve cash amidst an ongoing machinist strike by temporarily furloughing thousands of U.S. executives, managers, and staff. The furloughs will impact tens of thousands of

Intuitive Machines’ stock saw a significant increase in early trading following NASA’s award of a major contract to the company to develop moon data satellites. The contract, valued at up

Alaska Airlines and Hawaiian Airlines have received approval for their $1.9 billion merger from the U.S. Department of Transportation. The merger agreement, which had previously cleared the U.S. Justice Department’s

SpaceX has significantly increased its backlog of Starlink in-flight Wi-Fi orders following a recent deal with United Airlines. Nick Galano, SpaceX director of Starlink aviation sales and partnerships, announced that

Boeing has announced significant cost-cutting measures in response to a strike by over 30,000 factory workers. The company will implement a hiring freeze, halt nonessential staff travel, and reduce supplier

SpaceX successfully completed its first spacewalk, marking a historic milestone for the private company. The spacewalk was part of the Polaris Dawn mission, where civilians Jared Isaacman and Sarah Gillis

Boeing workers are currently voting on a new labor contract that could potentially lead to a strike, risking the struggling plane-maker’s recovery, according to the company’s CEO. The tentative agreement,

Boeing CFO Brian West expressed concerns about the impact of a labor strike that commenced after workers rejected a new contract and walked off the job. The strike is expected

United Airlines announced on Friday that they will be offering free inflight Wi-Fi from SpaceX’s Starlink on their fleet of jetliners. This partnership marks a significant move in the airline

Airbus Ventures has secured a $155 million fund aimed at investing in the space industry and other deep tech startups. The fund, named “Fund-Y,” is focused on early-stage companies that