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Just Plane Awful- Boeing's Subpar Performance Continues
Thursday, January 11, 2024 - 11:13am | 392Read More...Boeing’s 737 Max 9 (NYSE: BA) is in the spotlight again, but for the wrong reasons, all 737s are grounded again. This has caused two airlines, United (NASDAQ: UAL) and Alaska (NYSE: ALK), to scramble due to the temporary removal of this model from their fleets. However, the 737 Max aircraft...
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Boeing Under Siege, Reportedly Addresses Data Leak Threat From Russian Cyber Gang
Saturday, October 28, 2023 - 1:06pm | 580Read More...Boeing Co. (NYSE: BA) has found itself at the epicenter of a potential cybersecurity calamity, as the company divulged that it is conducting a thorough investigation into a severe digital threat. A cyber gang with established Russian affiliations demanded a ransom from...
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Airbus Gears Up For Major Leadership Shift At Key Commercial Aircraft Unit: Report
Saturday, September 16, 2023 - 4:11pm | 609Read More...Airbus SE (OTC: EADSY) is reportedly nearing the plans to name a new internal head of its commercial aircraft business. The European aerospace giant's potential reorganization could see Christian Scherer, its sales chief, taking the reins of the world's leading civil planemaking...
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Chart Of The Day - Extraterrestrial Investing
Monday, August 21, 2023 - 11:11am | 484Read More...Space ETFs: as a matter of personal interest, but also of topical interest given the recent rise of the commercial space sector (not to mention increasing interest/news around UAP!), I thought it would be worth keeping tabs on the flow of investment (or underinvestment as it turns out) into...
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Lockheed Wins $751M Contract To Support Missile Program
Tuesday, May 23, 2023 - 11:12am | 589Read More...Lockheed Martin Corp.'s (NYSE: LMT) business unit, Missile and Fire Control, clinched a contract involving Joint Air-to-Surface Standoff Missile (JASSM). The award has been offered by the Air Force Life Cycle Management Center, Eglin Air Force Base, FL. Valued at $750.6 million, the contract is...
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SpaceX Rival Backed By Boeing And Lockheed Martin Reportedly Up For Sale
Friday, March 3, 2023 - 8:31am | 469Read More...Elon Musk-owned SpaceX competitor United Launch Alliance, or ULA, is reportedly up for sale. What Happened: ULA, a joint venture between Lockheed Martin Corp. (NYSE: LMT) and Boeing Co. (NYSE: BA), was launched in 2006 and is expected to be sold later this year, reported Ars Technica, citing...
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Why This L3Harris Technologies Analyst Is Turning Bullish
Thursday, December 15, 2022 - 2:43pm | 327Read More...Shares of L3Harris Technologies Inc (NYSE: LHX) have been on a downward trajectory over the past six months. The company is poised to benefit from geopolitics driving the Defense sector in 2023, according to Morgan Stanley. The L3Harris Technologies Analyst: Kristine Liwag upgraded the rating for...
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Why This Spirit AeroSystems Analyst Made A Double Downgrade
Friday, November 11, 2022 - 11:29am | 308Read More...Spirit AeroSystems Holdings, Inc. (NYSE: SPR) subsidiary, Spirit AeroSystems Inc, raised $900 million in a debt offering. Although the company is trying its best to diversify away from Boeing Co (NYSE: BA), it remains “mostly a 737 story,” according to BofA Securities. The Spirit...
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Apple, Microsoft As Top Holdings — Alabama Pension Made Changes To Its Position In Tesla And These Stocks In Q3
Monday, November 7, 2022 - 9:05am | 433Read More...The Retirement Systems of Alabama, the administrator of the pension fund for employees of the state of Alabama, loaded up on shares of Tesla Inc (NASDAQ: TSLA) and Home Depot Inc (NYSE: HD) during the third quarter of this year, according to Whale Wisdom. According to the website, the fund has...
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Boeing Hosted Its First Investor Day In 4 Years After 737 MAX Debacle: What Do Analysts Think?
Thursday, November 3, 2022 - 12:15pm | 541Read More...Boeing Co. (NYSE: BA) held an Investor Day to showcase its Boeing 737 plant and for investors to meet with company executives to discuss strategic priorities, business updates and financial goals. The last Investor Day Boeing had was in 2018 and the company has not provided meaningful forward...
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Could Titanium Sponge Become A Geopolitical Tool For Russia, China To Restrain The US Aerospace Industry?
Monday, October 31, 2022 - 12:39pm | 504Read More...Titanium sponge, the basis for titanium metal, is lighter and tougher than steel and is essential for the aerospace industry. The U.S. has become increasingly more concerned with supply constraints around titanium sponge as China could become the dominant maker of the raw materials, while per...
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Vice President Harris Announces Coalition Including Firms of Elon Musk, Jeff Bezos To Boost Aerospace Industry
Saturday, September 10, 2022 - 9:26am | 376Read More...Vice President Kamala Harris is pushing for the government to boost the aerospace industry. On Friday, she announced that the U.S. is creating a coalition of major space firms to broaden the country's aerospace sector. According to the report, Amazon.com, Inc (NASDAQ: AMZN)...
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Why This Analyst Is Bullish On These 2 Stocks: XPeng And An American Defense Company
Monday, July 11, 2022 - 5:57pm | 768Read More...Gianni Di Poce is an analyst at The Mercator, a research company dedicated to the study of economic and financial market trends. Di Poce also writes Benzinga Pro's exclusive weekly "Insider Report" with technical analysis, trading ideas and market commentary. For...
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Boeing Will Shift Base To Arlington As It Seeks Closer Ties With Washington
Friday, May 6, 2022 - 2:39am | 303Read More...Boeing Co (NYSE: BA) on Thursday said it would shift its corporate headquarters to Arlington, Virginia from Chicago, Illinois — a move that would help its senior management and other key members get closer to decision-makers at the White House. What Happened: The planemaker said its...
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These 8 Dow Jones Stocks Are Negative For 2021
Thursday, December 30, 2021 - 4:33pm | 1193Read More...The Dow Jones Industrial Average is a price-weighted index consisting of 30 stocks. It's one of the oldest and best-known measures of stock market performance. The blue-chip index closed at a new all-time high Wednesday, dating all the way back to 1896. Dow Jones stocks...
















