Tag

Aerospace And Defense

All articles tagged with #aerospace and defense

aerospace-and-defense1 month ago•29 min saved

EU regulator urges airlines to avoid Iranian airspace amid rising tensions

The European Union Aviation Safety Agency (EASA) advised European carriers to steer clear of Iran’s airspace because of high risks to civil flights from weapons and air-defense systems and unpredictable state actions amid tensions over Tehran’s crackdown on protests; Iran briefly closed its airspace before reopening it, and carriers such as Wizz Air, Lufthansa and British Airways continued to reroute around Iran and Iraq in response to the advisories.

via Reuters|

#aerospace-and-defense #airspace #aviation

aerospace-and-defense1 month ago•29 min saved

Sweden bets $1.6B on civilian-focused air defence

Sweden will spend 15 billion Swedish crowns ($1.6 billion) on short-range air defence aimed at protecting civilians and critical infrastructure, a move tied to lessons from Russia's invasion of Ukraine; Defence Minister Pal Jonson says the systems will defend cities, bridges and power plants, while Prime Minister Ulf Kristersson criticizes U.S. rhetoric on Greenland and Denmark.

via Reuters|

#aerospace-and-defense #air-defence #defence

business2 months ago•2 min saved

Starfighters Space (FJET) Surges 371% Post-IPO Before Slight Dip and Year-End Update

Starfighters Space (FJET) experienced a dramatic post-IPO surge with a 371% increase in one day and a year-to-date return of over 270%, but its financials raise red flags due to negative assets and ongoing losses, making its high valuation potentially overinflated and risky for investors.

via Yahoo Finance|

#aerospace-and-defense #business #ipo

finance2 years ago•0 min saved

Kaman's Stock Skyrockets as Arcline Acquires Company for $1.8 Billion

Kaman Corp's stock surged 100% after agreeing to a $1.8 billion private acquisition by Arcline Investment Management, with a price of $46 per share, representing a 105% premium over its previous closing price. The aerospace and defense-components company's CEO stated that the deal followed a thorough evaluation of value creation opportunities, and the transaction is expected to close in the first half of the year.

via MarketWatch|

#aerospace-and-defense #arcline-investment-management #finance

finance2 years ago•6 min saved

"RTX Shares: Evaluating Bearish Headline Risks and Technical Signals"

RTX Corporation, a major component of the iShares U.S. Aerospace & Defense ETF (ITA), has seen its stock underperform this year despite positive Q2 earnings and increased guidance. The company faces challenges with its Pratt & Whitney segment, including inspections related to a rare powder metal condition affecting its GTF engines, which may impact earnings and free cash flow. The stock is currently testing support levels and technical indicators suggest a bearish trend. While valuation appears fair, the threat of negative headlines, downward EPS revisions, and stock downgrades pose risks.

via Seeking Alpha|

#aerospace-and-defense #earnings #finance

business2 years ago•2 min saved

US Officials Attend Paris Air Show

Governor Kevin Stitt and other Oklahoma officials are in France for the 2023 Paris Air Show, promoting Oklahoma's booming economy, growing workforce, and renowned aerospace and defense industry. The event attracts over 150,000 aerospace and defense executives, with many Oklahoma companies and organizations attending this year. Governor Stitt is meeting with companies interested in doing business with Oklahoma.

via 2 News Oklahoma KJRH Tulsa|

#aerospace-and-defense #business #governor-kevin-stitt