Tag: Aerospace and defense industry
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AeroVironment skyrockets 21% as dronemaker capitalizes on defense spending surge
AeroVironment is benefiting from U.S. plans to modernize the U.S. military and secure space.
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Lobbying push to nix Pentagon defense contractor share buyback ban heats up
Defense companies and their trade groups are pressing Congress against writing a requirement that the Pentagon approve stock buybacks into law.
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SpaceX stock has cooled. Hiring for jobs in the space economy hasn’t
The SpaceX IPO euphoria is over, but the bullish trend in space economy jobs remains in place within a labor market where many other sectors have slowed hiring.
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Defense stocks slide again, as Germany’s naval U-turn shakes confidence in Europe’s rearmament boom
Rheinmetall and other European defense stocks fell for a second day, after Germany scrapped the F126 naval program, raising procurement concerns.
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Trump meets defense CEOs as Iran operations strain U.S. missile stockpiles
The White House is pressing major defense firms to expand missile and munitions output as Iran talks and weapons stockpile concerns put new pressure on the Pentagon’s industrial base.
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Defense giant KNDS plans IPO in Paris and Frankfurt
KNDS plans to list shares in Paris and Frankfurt, with current shareholders expected to sell up to 20% of existing share capital.
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Defense giant KNDS moves closer to IPO after France-Germany stake deal
France and Germany agreed on a KNDS framework as Germany seeks a 40% stake ahead of a potential multibillion-euro IPO.
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No one wants AI data centers on Earth. Do they make sense in space?
Elon Musk’s SpaceX is betting big on orbital AI data centers. The public doesn’t want them on Earth, but the economic case for space-based is questionable.
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Trump unveils the new Air Force One, a converted Qatari jet
The gift from Qatar is serving as a so-called “bridge” aircraft to carry the president until the new planes ordered directly from Boeing arrive.
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Defense contractors would be barred from buying back their stock in bill approved by Senate panel
A bill the Senate Armed Services Committee approved would prevent defense contractors from buying back their stock without Pentagon approval.
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