Aerospace and defense industry

Tech

SpaceX’s Starship rocket completes fifth test flight, lands booster in dramatic catch

Admin - October 13, 2024

The Super Heavy booster lands on the company's launch tower during the fifth Starship flight on Oct. 13, 2024.SpaceXSpaceX launched its fifth test flight...

Bussiness

Boeing to cut 17,000 jobs as losses deepen during factory strike

Admin - October 11, 2024

Boeing 737 MAX airliners are pictured at the company's factory in Renton, Washington, on Sept. 12, 2024.Stephen Brashear | APBoeing will cut 10% of...

Bussiness

Boeing withdraws contract offer after talks with union end without a deal

Admin - October 9, 2024

Workers picket outside a Boeing Co. facility during a strike in Everett, Washington, US, on Monday, Sept. 16, 2024. Boeing Co. factory workers walked...

Bussiness

Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

Admin - September 23, 2024

Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing on...

Bussiness

Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike

Admin - September 16, 2024

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer...

Bussiness

Boeing warns strike will ‘jeopardize’ recovery, hurt aircraft production

Admin - September 13, 2024

Union members hold picket signs during a news conference following a vote count on the union contract at the IAM District 751 Main Union...

Bussiness

Boeing workers overwhelmingly reject contract, prepare to strike

Admin - September 13, 2024

More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company's aircraft after staff overwhelmingly rejected a new...

Bussiness

Rolls-Royce shares soar to all-time high on reinstated dividend, raised profit guidance

Admin - August 1, 2024

A Rolls-Royce Trent 700 engine for the Airbus A330 stands in a workshop of N3 Engine Overhaul Services GmbH. The company is a joint...

Bussiness

Boeing reports wider-than-expected loss, weaker revenue

Admin - July 31, 2024

Boeing on Wednesday reported a bigger quarterly loss and weaker revenue than analysts expected as both its commercial airplane and defense programs continued to...

Bussiness

Southwest to get rid of open seating, offer extra legroom in biggest shift in its history

Admin - July 25, 2024

A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024.Mike Blake | ReutersSouthwest Airlines is ending open seating and will offer...