Aerospace & Defense
LATEST NEWS FROM AEROSPACE AND DEFENSE
Aerospace & Defense
General Dynamics tops results estimates on aerospace and marine strength
General Dynamics on Wednesday beat Wall Street estimates for second-quarter profit and revenue, driven by strength in its aerospace and marine segments.
Aerospace & Defense
Rheinmetall Q2 profit beats forecasts as revenue jumps nearly 70%
German defence contractor Rheinmetall reported a stronger-than-expected second-quarter operating profit on Wednesday as booming demand for military equipment helped drive a sharp...
Aerospace & Defense
AI race redraws Asian air cargo, replacing e-commerce as growth engine
The global race to build artificial intelligence is redrawing Asia's air cargo map, prompting airlines to redesign networks around growing semiconductor manufacturing hubs as cros...
Aerospace & Defense
Zelenskiy says he told Trump, senators that Ukraine needs anti-ballistic systems, missiles
Ukrainian President Volodymyr Zelenskiy on Tuesday said he shared Ukraine's need for anti-ballistic missile systems and interceptors with U.S. President Donald Trump and U.S. ...
Aerospace & Defense
South African army chief visits Moscow, agrees to strengthen military ties
Lieutenant General Lawrence Mbatha, the chief of the South African Army, held talks with Russian counterparts on Tuesday during a visit to Moscow which his hosts said resulted in...
Aerospace & Defense
Textron tops quarterly results estimates on higher aircraft pricing
Textron beat second-quarter profit and revenue estimates on Tuesday, driven by higher aircraft pricing and sustained growth in its Bell helicopter business.
Aerospace & Defense
Airbus A350 jet flies 24 hours nonstop from Australia to France
Airbus completed a marathon test flight lasting more than 24 hours that triggered a surge in online tracking, when an A350 jet being developed for record-beating commercial flight...
Aerospace & Defense
Boeing posts larger-than-expected Q2 loss as Air Force One costs rise
Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280 million charge on its troubled Air Force One replacement program, but generated positive free ...
Aerospace & Defense
France's Exosens to triple thermal camera production for drones
French defence company Exosens said on Tuesday it would triple thermal-camera production capacity in 2026 to meet growing demand from drone and counter-drone applications, as it ...
Aerospace & Defense
Jet engine maker Safran raises targets after record first-half margin
French jet engine maker Safran joined its partner GE Aerospace in raising financial targets after posting stronger-than-expected first-half profits on Tuesday.
Aerospace & Defense
Pentagon says US industry still years from matching Ukraine's wartime drone output
The Pentagon official tasked with building a domestic drone industry said on Monday the United States is still in the earliest, hardest phase of that effort, acknowledging output ...
Aerospace & Defense
Polish TNT producer Nitro-Chem plans expansion to UK with BAE Systems
Poland's Nitro-Chem, a major supplier of trinitrotoluene (TNT) for NATO countries' armies, has signed a letter of intent with defence company BAE Systems to build a production pl...
Aerospace & Defense
Europe's huge wildfires strain waterbomber capacity, aerial firefighting firm Avincis says
Europe's largest aerial emergency services firm Avincis is warning Europe is not ready for longer and more extreme wildfire seasons.
Aerospace & Defense
Italian machine tool sector wants tougher EU trade rules on China
The European Union must bolster trade defence measures against aggressive competition from Chinese machine tool manufacturers or risk a further erosion of Europe's position in the...
Aerospace & Defense
Saab wins $1 billion order for surveillance aircraft in Middle East
Saab has received an order for two GlobalEye surveillance aircraft from a country in the Middle East region worth 10.1 billion Swedish crowns ($1.04 billion), with deliveries i...
Aerospace & Defense
Ukraine wants prototype of European missile defence system by mid-2027, official says
Ukraine wants a prototype for a European anti-ballistic system codenamed Freyja to be ready within the first half of next year, a senior official said, as Kyiv pushes its allies to...
Aerospace & Defense
Romania shoots down third Russian drone, as president calls breaches 'intolerable'
A Romanian F-16 fighter jet pilot shot down a Russian drone over the Black Sea, the defence ministry said on Sunday, the latest in a series of breaches of the NATO member's airsp...
Aerospace & Defense
Ukraine's Zelenskiy: Russia wants to bring in 30,000 North Korean troops to conflict
Ukrainian President Volodymyr Zelenskiy said on Saturday that Russia wanted to bring in 30,000 North Korean troops to take part in its more than four-year-old conflict and was ...
Aerospace & Defense