aerospace

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Sir Richard Branson's Virgin Orbit, a launch and space solutions company, announced Monday it has entered into a definitive agreement to become a publicly-traded company through the SPAC route. The company also said the Boeing Co (NYSE: BA) is among its PIPE investors. What Happened:...

Mercury Systems Inc (NASDAQ: MRCY) reported a 3% decline in organic earnings for the fiscal fourth quarter and announced disappointing guidance for fiscal 2022, citing the timing of awards, administration changes and customer execution issues as the reasons, according to BofA Securities. The...

Morgan Stanley analyst Kristine Liwag released a research note on the aerospace and defense industry, highlighting three companies to own going into earnings season: Transdigm Group, Inc. (NYSE: TDG) Northrop Grumman Corp. (NYSE: NOC) Textron, Inc. (NYSE: TXT) The Transdigm Takeaways: Transdigm...

Space Exploration Technologies Corp., or SpaceX, is in talks with investors to raise fresh funding, as per Business Insider. What Happened: The Elon Musk-led aerospace company is seeking a valuation of $92 billion in the funding round, which it intends to close by January, Bloomberg...

Monday's encouraging coronavirus vaccine news from Pfizer Inc. (NYSE: PFE) sparked a rally in aerospace stocks.  Even after Monday's rally, the group is "more investable" — and investor interest will grow, according to JPMorgan. The Analyst: Seth Seifman upgraded...

Amazon Inc’s (NASDAQ: AMZN) cloud-computing arm, Amazon Web Services (AWS), is establishing a specialized Aerospace and Satellite Solutions segment to better compete with rivals.  What Happened As the U.S. pursues dominance in space over China and Russia, the Congress is allocating...

Boeing Co (NYSE: BA) Is asking for access to public and private liquidity, which includes loan guarantees for the aerospace manufacturing industry. What Happened Calling itself the “number one US exporter,” Boeing made a case for supportive legislation and “appropriate...

As private companies get closer to the reality of the next human landing on the moon — and the possibility of the beginnings of colonization there — and to space tourism for regular people, increased news coverage and public awareness should be good for the only publicly traded company...

Meggitt PLC (OTC: MEGGF) has released its annual results for 2019, showing growth across all verticals. What Happened Meggitt specializes in components and sub-systems for aerospace, defense, and select energy markets.  The company released its annual results on Tuesday and reported a net...

The White House is asking for a 12% increase in the budget for NASA as the space agency continues to push its ambitious Artemis program to send people back to the moon and prepare for human exploration of Mars. The budget proposal requests $25.246 billion, an increase of more than $2.5 billion. The...

Boeing Co (NYSE: BA) reported a $410 million pre-tax charge in its fourth-quarter results on Wednesday to cover the cost of a possible extra uncrewed launch of its Starliner capsule should NASA require it. Boeing said in its earnings report that in its Defense, Space & Security division, fourth...

As the countdown continues toward a future of space flight for the traveling public, Virgin Galactic Holdings Inc (NYSE: SPCE) on Wednesday announced a key milestone toward the completion of its second spaceship. Virgin Galactic announced the ship is now “Weight on Wheels,” meaning the...

Amid flaring geopolitical tensions with Iran, it's not surprising that some market experts are recommending aerospace and defense stocks. While that's a prosaic response to recent flare up with Iran, data suggest it's also sensible. “Aerospace and defense stocks typically...

This year will see major milestones in the space industry, as American companies prepare for the first private launches of people into outer space and possibly the first space tourism flights. Elon Musk's SpaceX is leading the way toward a private ferry service to the International Space...