When Boeing released its third-quarter 2022 financial results Oct. 26 before regular trading began on the U.S. stock markets, financial analysts did not know how investors would take the news.
A South Africa-based test pilot school at the center of a growing international controversy over the recruitment of former Western military pilots to train Chinese personnel has denied wrongdoing.
A chronic shortage of parts and labor drove Boeing executives on Oct. 26 to report $2.76 billion in new reach-forward losses in the third quarter across five fixed-price development programs in the Defense, Space and Security division.
Saudi Arabian flag carrier Saudia has signed a memorandum of understanding with Lilium for the proposed development and operation of an electric vertical takeoff and landing network.
Kongsberg NanoAvionics plans to make a “multimillion” euro investment to increase its manufacturing capacity to produce several hundred small satellites annually.
NASA is now spending more money with SpaceX than Boeing, Lockheed or any other single contractor aside from the California Institute of Technology, which operates the Jet Propulsion Laboratory.
Airports and fixed-base operators that plan to service electric air vehicles should have plans in place at least a year ahead of their arrival, says the developer of the Alia-250 electric vertical takeoff and landing aircraft.
Monte Aircraft Leasing has placed a firm order with hybrid-electric propulsion startup Ampaire for 25 Eco Caravans with an option for an additional 25 of the converted Cessna Grand Caravans.
Redwire’s upgraded Biofabication Facility is set for a Nov. 6 launch to the International Space Station, intended to advance efforts to culture human tissues and organs in microgravity for surgical transplant on Earth.
Lockheed Martin is pitching a three-phase adoption of datalinks, processing and enhanced situational awareness for its LMXT tanker, as the U.S. Air Force works through its requirements and decides whether to continue with a competition for the KC-Y “bridge tanker.”
Czech aircraft manufacturer Aero Vodochody has completed the first flight of an upgraded version of the L-159 Advanced Light Combat Aircraft, boosting its capab
Ash Carter, an academic and physicist turned Pentagon leader who served as President Barack Obama’s last secretary of defense from 2015-2017, died Oct. 24 at the age of 68.
The altitude-raising maneuver was to avoid orbital debris associated with a former Soviet electronic and signals intelligence satellite that was the target of a November 2021 Russian anti-satellite test.
In August, Lockheed Martin delivered its first flight software package for an updated national missile defense system, the Next Generation Interceptor.
As a third attempt to launch the Artemis I test flight of an uncrewed Orion capsule around the Moon and back to Earth nears, NASA has placed a $1.99 billion order for three more of the four-person capsules for Artemis missions VI through VIII.
