Defense Aerospace & Defense

  • 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...

  • PARIS, Jan 19- France's Safran said on Thursday it had launched an agreed cash offer worth 29.47 euros per share for aircraft seats manufacturer Zodiac Aerospace to create the world's third largest aerospace supplier. Safran, which saw a preliminary offer rejected by family-controlled Zodiac in 2010, announced the move three months after Zodiac's main...

  • President-elect Donald Trump criticized United Technologies Corp's Carrier unit in November for its plan to move some 800 jobs to Mexico, the parent-company made a swift decision to keep the factory in Indiana. "We're going to make up $16 million investment in that factory in Indianapolis to automate, to drive the cost down so that we can continue to be...

  • A fighter pilot sits in the cockpit while crew members check the exterior of a Lockheed Martin F-35A jet before a training flight in Hill Air Force Base, Utah, U.S., on Friday, Oct. 21, 2016.

    The U.S. Department of Defense and Lockheed Martin are close to deal for a contract worth almost $9 billion.

  • American Airlines passenger planes are seen on the tarmac at Miami International Airport.

    American Airlines' new fare offers cheap flights but little luggage space.

  • Iridium CEO: SpaceX right team to be working with

    Matthew Desch, Iridium Communications CEO, speaks to CNBC's Morgan Brennan about SpaceX's recent launch of Iridium satellites into space, and the "ambitious schedule" to come.

  • Jan 17- Boeing Co's chief executive said on Tuesday that he and President-elect Donald Trump "made progress" on lowering the cost of the Air Force One presidential aircraft fleet and on a potential sale of Boeing fighter aircraft, and suggesting a deal could be struck soon. Boeing CEO Dennis Muilenburg's visit to Trump Tower on Tuesday marked another step in...

  • Dennis Muilenburg, president and chief executive officer of The Boeing Co., speaks with members of the media in the lobby of Trump Tower in New York, U.S., on Tuesday, Jan. 17, 2017.

    Boeing Co Chief Executive Dennis Muilenburg said he was encouraged by progress in talks with the President-elect on the Air Force One replacement fleet and on fighter planes.

  • BOEING CEO SAYS IF YOU WANT MANUFACTURING JOBS, AEROSPACE INDUSTRY IS THE PLACE TO INVEST.

  • Trump doing a great job engaging business: Boeing CEO

    Dennis Muilenburg, Boeing chairman & CEO, speaks at Trump Tower following a meeting with President-elect Donald Trump.

  • SEATTLE, Jan 17- Boeing Co said its chief executive will meet with Donald Trump on Tuesday, at the President-elect's request, to discuss its Air Force One presidential jumbo jet based on the Boeing 747 airliner and possibly a fighter jet sale. Trump called the meeting at Trump Tower in New York after he pressured the Chicago- based aerospace and defense company...

  • SEATTLE, Jan 17- Boeing Co said its chief executive will meet with President-elect Donald Trump on Tuesday at Trump Tower in New York to discuss its Air Force One presidential jumbo jet based on the Boeing 747 airliner.

  • The eight tycoons' net worth, as calculated by Forbes magazine, was cited Monday by anti-poverty activists Oxfam in a report highlighting income inequality. Gates co-founded Microsoft in the mid-70s, growing it into the world's biggest software company and helping to make computers a household item. He quit as CEO in 2000 and pledged to devote his fortune to his...

  • NEW YORK— Labors of love, one from Martin Scorsese, the other from Ben Affleck, proved costly at a casualty strewn weekend box office where the uplifting NASA drama "Hidden Figures" stayed on top for the second straight week. Warner Bros.' "Live by Night," adapted from Dennis Lehane's novel, earned a mere $5.4 million in 2,471 theaters. Paramount's "Silence," from Susaku...

  • Jan 14- A SpaceX Falcon rocket blasted off from California on Saturday, returning the company to flight for the first time since a fiery launchpad explosion in September. The 230- foot rocket launched from Vandenberg Air Force Base at 9:54 a.m. PST to deliver 10 satellites into orbit for Iridium Communications Inc.. SpaceX founder and entrepreneur Elon...

  • Jan 14- A SpaceX Falcon rocket blasted off from California on Saturday, returning the company to flight for the first time since a fiery launchpad explosion in September. The launch of the 230- foot rocket from Vandenberg Air Force Base at 9:54 a.m. PST aimed to deliver 10 satellites into orbit for Iridium Communications Inc.. SpaceX's founder and...

  • An F-35 fighter flying over the Pacific Ocean this week during in-flight refueling tests.

    The chief executive of Lockheed Martin moved quickly to responded to criticism from President-elect Donald Trump, The NYT reports.

  • An F-35A Lightning II

    John Eade, Argus Research, discusses what will happen to Lockheed's stock following the CEO's meeting with President-Elect Trump today.

  • Marillyn Hewson, president and chief executive officer of Lockheed Martin Corp., speaks with the media in the lobby of Trump Tower in New York, on Friday, Jan. 13, 2017.

    "We need to get it at the lowest possible price," Hewson tells reporters after a meeting at Trump Tower.

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