The Export-Import Bank is a key lifeline for the embattled U.S. nuclear sector, a former trade official told CNBC.» Read More
Sept 15- Airbus Group announced plans on Tuesday to sell half a dozen businesses following a portfolio review in Defence& Space. Space Shuttle programme and was last month named supplier of the year in its category by Airbus's rival Boeing.
Sept 15- Airbus Group announced plans on Tuesday to sell half a dozen businesses following a portfolio review in Defense& Space. Space Shuttle program and was last month named supplier of the year in its category by Airbus's rival Boeing.
Boeing fell$. 64 or. 5 percent, to $126.31. Lockheed Martin Corp. rose $1.17 or. 7 percent, to $175.60. Northrop Grumman Corp. rose$. 58 or. 4 percent, to $130.57.
Weapons makers like Lockheed Martin, Northrop Grumman, Boeing and Raytheon anticipate new markets for their goods. Russian aggression in Ukraine is reviving long-dormant European demand, while the emerging militant Islamist threat in Iraq and Syria has underpinned already strong Middle Eastern demand.
Boeing fell$. 99 or. 8 percent, to $125.96. Lockheed Martin Corp. rose$. 74 or. 4 percent, to $175.17. Northrop Grumman Corp. rose$. 38 or. 3 percent, to $130.37.
Boeing fell$. 98 or. 8 percent, to $125.97. Lockheed Martin Corp. fell$. 51 or. 3 percent, to $173.92. Northrop Grumman Corp. fell$. 36 or. 3 percent, to $129.63.
DAYTON, Ohio— Officials of the aircraft manufacturer Airbus planned to meet Monday with representatives of nearly 100 Ohio companies to talk about doing more business with them.
ALBUQUERQUE, N.M.— Two of the three companies competing for more than $3 billion to launch "space-taxi" flights have ties to southern New Mexico's Spaceport America, the Albuquerque Journal reported Saturday.
SPARKS, Nev.— Now that Gov.
Lockheed Martin Corp. rose$. 23 or. 1 percent, to $174.43. Northrop Grumman Corp. rose$. 23 or. 2 percent, to $129.99. Raytheon fell$. 16 or. 2 percent, to $100.77.
DALLAS— Regulators say that British Airways violated safety rules by shipping an oxygen generator on an American Airlines flight from London to Dallas, and they are seeking to fine BA $195,000. The FAA charged that British Airways failed to declare and label the generator as hazardous and suitable for shipment only on a cargo plane.
WASHINGTON, Sept 12- Images of two Americans being beheaded and of Russian tanks rolling through Ukraine have boosted pressure on Congress to roll back $1 trillion in mandatory defense cuts that the defense industry blames for almost 100,000 job cuts in recent years.
"Cuts in the government R&D budget are very worrisome, and it is not a long-term sustainable trend for the country," Boeing Co President and Chief Operating Officer Dennis Muilenburg told the Reuters Aerospace and Defense Summit this week.
Boeing fell$. 71 or. 6 percent, to $126.93. Lockheed Martin Corp. fell$. 03 or percent, to $174.17. Northrop Grumman Corp. fell$. 03 or percent, to $129.73.
Extending the Ex-Im Bank's charter to June separates it from must-pass legislation and could mean its death, Politico's Ben White says.
Boeing fell$. 43 or. 3 percent, to $127.21. Lockheed Martin Corp. rose$. 22 or. 1 percent, to $174.42. Northrop Grumman Corp. fell$. 10 or. 1 percent, to $129.66.
WASHINGTON, Sept 11- A top Boeing Co executive on Thursday showed no concern that rival Airbus could receive U.S. Export-Import Bank financing for its U.S-manufactured jetliners if it met qualifications.
PARIS, Sept 11- Europe's Airbus has lifted a stumbling block to delivery of the world's largest jetliner to Qatar but faces the growing prospect of delays for the first flight of its newest small jet, the A320neo, several people familiar with the matter said.
(Recasts and adds Airbus production outlook (For other news from the Reuters Aerospace and Defense Summit, click on http://www.reuters.com/summit/Aero14).
Sept 11- Alcoa Inc has signed a long-term contract to supply planemaker Boeing Co with aluminum sheet and plate that is worth more than $1 billion, the metals company said on Thursday. The new contract is the largest ever between the two companies, said Alcoa, a longtime Boeing supplier.