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Aerospace and defense industry
Boeing’s strike ends after machinists approve new labor contract with 38% wage increases
Boeing workers from the International Association of Machinists and Aerospace Workers District 751 attend a rally at their union hall during an ongoing...
Why flights to Europe are the cheapest they’ve been in years
A tourist takes a photo as the Acropolis’ Propylaea are seen in the background, in Athens, Greece, on June 28, 2024.Elias Marcou |...
Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services
Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities...
Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
A depiction of Nexus satellites in a medium Earth orbit constellation.AstranisThe U.S. Air Force began deploying the Global Positioning System — more commonly...
Boeing, union reach sweetened contract offer in bid to end strike, vote scheduled for Monday
Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a...
Boeing strike will dent last jobs report before election
Boeing workers gather on a picket line near the entrance to a Boeing facility during an ongoing strike on October 24, 2024 in...
Rocket builder Firefly’s new CEO is working ‘maniacally’ to scale launches, spacecraft and moon missions
CEO Jason Kim in the company's lunar mission control center.Firefly AerospaceJason Kim just nabbed one of the most coveted yet high-pressure C-suite gigs...
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines baggage tags are seen near a check-in counter at the Austin-Bergstrom International Airport on April 10, 2024 in Austin, Texas. Brandon Bell...
Spirit AeroSystems weighs hundreds more furloughs or layoffs if Boeing strike goes beyond Nov. 25
Boeing 737 fuselages on railcars at Spirit AeroSystems' factory in Wichita, Kansas, on July 1, 2024.Nick Oxford | Bloomberg | Getty ImagesSpirit AeroSystems...
American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
An American Airlines aircraft departs from Ronald Reagan Washington National Airport on August 28, 2024 in Arlington, Virginia. Kevin Carter | Getty ImagesAmerican Airlines...