Tag: Aerospace and defense industry
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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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JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale
JetBlue is planning to cut crew bases at Newark Liberty International Airport in New Jersey and New York’s LaGuardia Airport.
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Property Play: The private space race is spurring a luxury hotel land grab for Florida oceanfront property
The rise of the private space industry, with companies like SpaceX and Blue Origin, has spurred demand for commercial real estate on Florida’s space coast.
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General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
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