Tag: Aerospace and defense industry
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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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JetBlue bets big on Fort Lauderdale, from a new airport lounge to an international gateway
JetBlue faces heavy competition from Miami International Airport, an American Airlines stronghold.
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How family offices are investing in the final frontier beyond SpaceX
Personal investment firms of the ultra-rich are interested in space startups even without Elon Musk’s name attached.
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5 takeaways from airline CEOs’ biggest annual gathering
Airline CEOs met in Rio de Janeiro at IATA, the International Air Transport Association’s annual meeting.
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Airlines find the grass isn’t always greener with new engines
Airline CEOs complained that engine makers aren’t making enough of their engines or that they’re reliable enough.
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United CEO brushes off airline mergers after American rejection: ‘There’s nothing’
When asked about a wave of consolidation among airlines, Kirby said further combination opportunities look unlikely: “There’s nothing.”
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‘Bring ’em on’: Most profitable airline Delta wants United’s crown over the Pacific, too
Delta’s president, Peter Carter, told CNBC that the carrier wants to take United on over the Pacific.
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Boeing to start 737 Max production on new assembly line July 6, CEO says
The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
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European defense stocks are cooling. Analysts say this top pick could still double
Investors are missing the bigger picture on European defense, Morningstar analysts argued.
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As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
By 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.
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