Defense Aerospace & Defense

  • NASA’s Space Launch System rocket Boeing is building to cargo power and cargo beyond the moon into deep space and possibly Mars one day.

    TransDigm "acquires airplane parts companies (over 50 in total), fires employees, and egregiously raises prices," Citron says in its report.

  • The deal will come after Iran, which had not directly purchased a Western-built plane in nearly 40 years, signed contracts with Europe's Airbus and U.S. rival Boeing last year to purchase about 180 jets. That became possible after an agreement between Iran and six major powers lifted most international sanctions imposed on Tehran, in exchange for Iran curbing...

  • TOULOUSE, Jan 20- A deal for Iran to buy 20 short-haul passenger aircraft from ATR should be signed imminently, the head of the European planemaker told Reuters on Friday. The deal will come after Iran, which had not directly purchased a Western-built plane in nearly 40 years, signed contracts with Europe's Airbus and U.S. rival Boeing last year to purchase about...

  • TOULOUSE, Jan 20- The head of European planemaker ATR said on Friday a deal with Iran to purchase 20 short-haul passenger aircraft would be signed soon after the two sides concluded talks. ATR, co-owned by Airbus and Italy's Leonardo Finmeccanica, in February reported preliminary orders from Iran for 20 twin-engine turboprop ATR 72-600 aircraft.

  • F-35C aircraft as seen from deck of the USS George Washington in August 2016 during testing off Virginia coast.

    Trump's campaign against defense costs isn't expected to put a damper on earnings for the industry's big contractors.

  • PARIS, Jan 20- Recent production problems at Zodiac Aerospace partially influenced the French seatmaker's decision to agree to be taken over by aero engines group Safran, a leading Zodiac shareholder said. A cash pile left by Safran's decision last year to sell its security business also facilitated the 9.7 billion-euro deal, reached more than six years after...

  • This picture released by North Korean news agency Korean Central News Agency (KCNA) on January 1, 2017 shows North Korean leader Kim Jong-Un delivering the new year message in Pyongyang.

    The United States has seen indications that North Korea may be preparing for a new missile test-launch in the coming days or weeks.

  • SEATTLE, Jan 19- Spirit AeroSystems Holdings Inc, a major supplier to aircraft maker Boeing Co, is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan. Donald Trump, who will be sworn in as U.S. president on Friday, has repeatedly criticized U.S. companies for not doing more to keep...

  • SEATTLE, Jan 19- Spirit AeroSystems Holdings Inc, a major supplier to aircraft maker Boeing Co, is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan. Donald Trump, who will be sworn in as U.S. president on Friday, has repeatedly criticized U.S. companies for not doing more to keep...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • **Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...

  • SEATTLE, Jan 18- Spirit AeroSystems Holdings Inc, a major supplier to aircraft maker Boeing Co, is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan. The Wichita, Kansas- based maker of aerospace components, which builds 42 Boeing 737 fuselages a month, notified a group of workers...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:. **U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1400 GMT on Thursday:. **U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • Lockheed Martin and Pentagon may seal $9B F-35 deal

    The aerospace company is closer to inking a $9 billion contract with the U.S. Department of Defense.

  • Stocks to Watch: January 19, 2017

    Netflix, Coca-Cola, and Lockheed Martin stocks are making headlines this Thursday morning before the opening bell.

  • PARIS— Aircraft-engine company Safran has agreed to buy seat and cabin manufacturer Zodiac Aerospace in a deal worth 9.7 billion euros, including debt. Safran will offer 29.47 euros per share, which is 26.4 percent above Zodiac's closing share price Wednesday. Safran shareholders will also receive a special dividend of 5.5 euros per share.

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:. *U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • Jan 19- The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Thursday:. *U.S. buyout firm Bain Capital has joined Key Safety Systems in the U.S. auto parts supplier's bid to rescue Takata Corp, a source said, as the Japanese firm struggles for survival after a massive recall linked to its faulty air bags. **Lotte Chemical Corp is looking...

  • PARIS, Jan 19- France's Safran on Thursday launched a $9 billion agreed cash offer worth 29.47 euros per share for aircraft seats manufacturer Zodiac Aerospace to create the world's third largest aerospace supplier. In a joint statement with Zodiac, Safran announced the move three months after Zodiac's main rival B/E Aerospace agreed to be absorbed by...

Defense Contractors