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Aerospace-Defense News

Aerospace-Defense news continually updated from thousands of sources around the net.

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What would happen if a plane crashed at the Wichita airport?

Tue, 19 Sep 2017 18:52:33 GMT

Wichita airport public safety officials on Tuesday conducted a simulated airplane crash at Wichita Eisenhower National Airport with 88 victims played by students at Bishop Carroll and Goddard high schools. The exercise is mandated once every three years by the Federal Aviation Administration.

Exclusive: U.S. defense firms want control over tech in Make-in-India plan

Tue, 19 Sep 2017 13:54:00 GMT

U.S. defense firms offering to set up production lines in India to win deals worth billions of dollars want stronger assurances they won't have to part with proprietary technology, according to a business lobby group's letter to India's defense minister. These companies are also saying they shouldn't be held liable for defects in products manufactured in collaboration with local partners under Prime Minister Narendra Modi's Make-in-India's drive to build a military industrial base.

Credibility appears to be biggest concern for KAI ahead of $10b US project

Tue, 19 Sep 2017 09:18:30 GMT

Until last year, Korea Aerospace Industries, the nation's sole aircraft manufacturer, was riding high on the expectation of its increased entries into foreign markets with homegrown choppers and jets. Speaking proudly of KAI's fast technological advancement, then-CEO Ha Sung-yong told investors on Jan. 28, 2016 that the company aims to become one of the top 15 aircraft manufacturers in the world by 2020.

At midday: Fresh records on Wall Street

Tue, 19 Sep 2017 04:42:26 GMT

A trader works on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on Aug. 23, 2017 in New York. Wall Street hit new life highs on Monday powered by financials, technology and industrials stocks even as investors await cues from the Federal Reserve on its future path of monetary policy.

Boeing flies high. Dow's top stock up 60% this year

Tue, 19 Sep 2017 00:09:30 GMT

Boeing may be in a bitter battle with rivals Airbus, Bombardier and Embraer for global domination in the sky, but the airline maker and defense giant is the undisputed king of Wall Street this year. Its stock is in the stratosphere.

UPDATE 2-UK's May to press Trump this week on Boeing/Bombardier dispute

Mon, 18 Sep 2017 21:50:53 GMT

British Prime Minister Theresa May said on Monday she would press U.S. President Donald Trump this week about a trade challenge by Boeing Co that could endanger thousands of aerospace jobs in Northern Ireland. May and Canadian Prime Minister Justin Trudeau are worried about Boeing's move against Bombardier Inc, which is the single largest manufacturing employer in Northern Ireland and Canada's most important aerospace firm.

Wall Street Breakfast: Orbital Blasts Off After Northrop Buyout

Mon, 18 Sep 2017 17:11:33 GMT

Seeking Alpha's flagship daily business news summary, gives you a rapid overview of the day's key financial news. It is published before 7:00 AM ET every market day and delivered to over 900,000 email subscribers.

Northrop Grumman buying Orbital ATK for $7.8 billion

Mon, 18 Sep 2017 12:15:18 GMT

Northrop Grumman is buying Orbital ATK for about $7.8 billion as activity in defense sector heats up amid rising global tensions. Orbital ATK shareholders will receive $134.50 per share a 22 percent premium to the company's Friday closing price of $110.04.

Another major deal in defense sector as global tensions rise

Mon, 18 Sep 2017 12:15:17 GMT

Northrop Grumman is buying Orbital ATK for about $7.8 billion as activity in defense sector heats up amid rising global tensions. Legislation is expected to pass easily Monday pumping $700 billion into the Pentagon budget as the U.S. responds to growing hostility from North Korea.

Another major deal in defense sector as global tensions rise

Mon, 18 Sep 2017 12:15:16 GMT

In this Thursday, Dec. 15, 2016, file photo, the Orbital ATK L-1011 aircraft lifts off from Cape Canaveral Air Force Station, Fla. Northrop Grumman is buying aerospace and defense technology company Orbital ATK for about $7.8 billion as activity in the sector heats up along with global tensions, announced Monday, Sept.

Qatar to buy 24 Typhoon jets from UK's BAE Systems

Mon, 18 Sep 2017 09:48:40 GMT

Qatar's defense minister has signed a letter of intent to purchase 24 Typhoon jets from British defense group BAE Systems, in a move that could anger other Gulf countries boycotting Doha. Saudi Arabia, the UAE, Egypt and Bahrain cut diplomatic and trade links with Qatar on June 5, suspending air and shipping routes with the world's biggest exporter of liquefied natural gas, which is home to the region's biggest U.S. military base.

Peace Action Wellington Launches 'A Call To Arms'

Mon, 18 Sep 2017 05:12:54 GMT

Today Peace Action Wellington is releasing a short film in response to the arms industry's attack on our campaign against war profiteering in Aotearoa. On October 10, the annual New Zealand Defence Industry Association Weapons Expo begins.

John Kerry to lead climate change conference at Yale

Mon, 18 Sep 2017 00:35:50 GMT

The two-day conference that begins Monday on the Ivy League campus will feature speakers including General Electric Chairman Jeffrey Immelt, World Bank President Jim Kim and actor Leonardo DiCaprio. The conference is hosted by the Kerry Initiative, a program launched earlier this year by the former top U.S. diplomat to address global challenges through teaching, research and international dialogue.

Financial Survey: B/E Aerospace

Sun, 17 Sep 2017 19:55:19 GMT

B/E Aerospace and Lockheed Martin Corporation are both industrials companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, valuation, institutional ownership, risk, profitability, dividends and earnings. This table compares B/E Aerospace and Lockheed Martin Corporation's top-line revenue, earnings per share and valuation.

The Top Defense Stock to Buy in 2017

Sun, 17 Sep 2017 15:16:53 GMT

With financial headlines warning of a potential outbreak of World War III, this stalwart could help steady your portfolio in these uncertain times. "North Korea best not make any more threats to the United States.

Public Employees Retirement Association of Colorado Has $183.85...

Sun, 17 Sep 2017 10:53:01 GMT

Public Employees Retirement Association of Colorado cut its stake in Honeywell International Inc. by 0.1% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,379,332 shares of the conglomerate's stock after selling 1,312 shares during the quarter.

Analyzing Moog

Sun, 17 Sep 2017 06:25:57 GMT

Moog and Northrop Grumman Corporation are both industrials companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, valuation, profitability, analyst recommendations, earnings, institutional ownership and dividends. 81.5% of Northrop Grumman Corporation shares are held by institutional investors.