Australia Set to Build the Australian Satellite Manufacturing Hub (ASMH) To Cement Their Place as a Leading Space Nation
Plans are already in motion to build one of Australia’s biggest space projects, the Australian Satellite Manufacturing Hub (ASMH). Part of this ASMH project will be to build a homegrown sub-500kg space hardware that will ... [Read]
Boeing Stock Plunges After Announcing Hiring Freeze
Boeing stock dropped another 15% after Boeing Co (NYSE:BA) announced on Wednesday that it will be using its $13 billion credit line to the last penny and also took measures to save cash. Boeing Struggling ... [Read]
SPCE Stock Tanks After a Bearish Note from Credit Suisse
Over the past months, Virgin Galactic Holdings Inc (NYSE:SPCE) emerged as the latest cult stock in the market. The rally was primarily fueled by the promise of a future when space travel was going to ... [Read]
BA Stock Slides as Boeing Submits First Plan for Return of 737 Max
BA stock is in the red this week despite Boeing (NYSE:BA) submitting its initial recommendation to the FAA for how to resolve concerns about the placement of wiring bundles in 737 Max airplanes, potentially signaling ... [Read]
BA Stock Gains Despite Posting Biggest Full-Year Loss Ever
BA stock is making gains today despite Boeing (NYSE:BA) posting its worst full-year loss in the history of the company, with investor confidence in the airplane maker’s timetable for returning the 737 MAX to service ... [Read]
BA Stock Sinks as Company Seeks $10 Billion Loan
BA stock is sinking this week after it was reported that Boeing (NYSE:BA) is in talks with banks to secure a loan of US$10 billion or more amid escalating costs from the fallout of the ... [Read]
BA Stock Woes Continue as Employees Mock 737 MAX Designers
BA stock is continuing to slide today after a host of troubling internal communications were passed on to aviation authorities investigating the 737 MAX crisis. Employees’ Scathing Assessment Boeing (NYSE:BA) has been involved in an ... [Read]
BA Stock Unmoved Despite Discovery of Further 737 MAX Flaws
BA stock is unmoved today despite the latest development in the 737 MAX crisis, which has revealed yet another design flaw in the aircraft, which has been grounded since last March. Audit Reveals New Flaws ... [Read]
BA Stock Hits Four-Month Low As CEO Resigns Over 737 MAX Crisis
BA stock is currently hovering around a four-month low following the dismissal of Boeing’s (NYSE:BA) CEO Denis Muelinberg as the 737 MAX crisis deepens. BA Stock Down 25% Since Grounding The aircraft maker has been ... [Read]
BA Stock Stays Flat as 737 Review Process Stretches into 2020
BA stock is largely unmoved today after the head of the FAA said that the recertification process for Boeing’s (NYSE:BA) grounded 737 MAX will “extend into 2020.” The grounding of the aircraft is a result ... [Read]