Chinese Space Station Tiangong-1, Falling Back To Earth
Chinese space station Tiangong-1 is expected to re-enter the Earth’s atmosphere sometime between March 30 and April 2. According to Chinese officials in a May 2017 report, the station, which had been put in orbit ... [Read]
Money is Running Out for NASA’s International Space Station, and Boeing are Seeking Private Funding
It’s no secret that NASA has been struggling financially over the years. Government funding has been repeatedly cut, and now President Trump has requested that their already meager budget focuses more on the development of ... [Read]
Boeing Stocks Down As China Threatens Retaliation Over Trump Tariff
Stocks in U.S. aerospace giant Boeing (NYSE:BA) have been hit today over fears that China could retaliate to President Trump’s potential tariffs on Chinese goods. Boeing stocks are currently priced at $330.29 USD, down -2.47% after ... [Read]
Boeing Stocks on the Rise as SaudiGulf Airlines Consider 787 Purchase
Stocks in aerospace giant Boeing (BA) are rising today following news that SaudiGulf Airlines are considering a deal involving the 787 Dreamliner aircraft. The privately owned airline – Saudi Arabia’s youngest – is expanding its ... [Read]
Bombardier Seeks to Hire 1,000 Workers Amidst Global 7000 Business Aircraft Program
On Friday, Bombardier (OTC:$BOMBF) stated that the company is hiring around 1,000 workers in the Montreal area to work on its Global 7000 business aircraft program. Specifically, such hires will be completed over the next ... [Read]
Bombardier’s C Series Jet Gets Lifeline With Airbus Majority Stake Acqusition
Bombardier, Inc.’s (OTC:$BDRBF) floundering CSeries jetliner program has been tossed a life preserver. Airbus SE (OTC:$EADSF) has announced that it has agreed to acquire the majority stake in the program, possibly breathing new life into ... [Read]
United Technologies Defends its $23 Billion Rockwell Collins Acquisition Against Boeing Co.
United Technologies Corp (NYSE:$UTX) is an aerospace and industrial company that recently acquired avionic maker Rockwell Collins Inc (NYSE:$COL) for a cool $23 billion. However, Boeing Co (NASDAQ:$BA) firmly disapproved as to whether the deal ... [Read]
United Technologies CEO Announces $23 Billion Rockwell Deal “Is Not a Job Cuts Story”
For those interested in aerospace & defense investing, pay close attention to the following. On Tuesday, September 5, United Technologies (NYSE:$UTX) CEO Greg Hayes disclosed that the deal to acquire Rockwell Collins (NYSE:$COL) “is not ... [Read]
Boeing Saw Shares Rise After Releasing Better-Than-Expected Second Quarter Earnings
Boeing saw shares rise to their highest levels on July 26 during mid-morning trading. The rise was largely due to a successful second-quarter earnings report as well as a positive outlook from Boeing for the ... [Read]