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...“Some will say it’s not ideal for national sovereignty, but we have to look at defence from a global perspective,” he added....
...It spent more than $43bn on share repurchases between 2013 and 2019, according to data from S&P Global Market Intelligence. It was able to pay for that by cost savings on its aircraft programme....
...Prime Minister Fumio Kishida’s cabinet on Tuesday approved the revision to export controls, clearing a hurdle for the Global Combat Air Programme to achieve an ambitious timeline of delivering a highly advanced...
...The US’s defence and aerospace industries seem to be having an extremely Normal Week....
...A global order backlog of almost 15,000 aircraft will take many years to fulfil....
...great country with respect to its power and people, with its closer cultural proximity to us,” said Wiegand, who added that the company preferred it as a manufacturing base to China to produce for the global...
Acquisition might please regulators but would strain jet maker’s liquidity and efficiency measures
...Production lines across the industry have been strained coming out of the Covid-19 pandemic and as global airlines have gone on an unprecedented ordering spree....
...Washington had warned Kyiv that long-range strikes deep inside Russia risked driving up global oil prices and provoking retaliation, three people familiar with the discussions told the Financial Times....
Discovery threatens wider crisis for aerospace group after plane suffered mid-air blowout
...Melrose Industries has raised its annual profit forecast even after doubling earnings last year as the FTSE 100 aerospace group rides the global rebound in aviation....
...Thales’s shares are up about 80 per cent since February 2022, compared with a 32 per cent rise for the MSCI global aerospace defence index and a 13 per cent rise for the French blue-chip CAC 40 index....
...Shares in the company have soared more than 85 per cent over the past year during a global boom in aviation after the Covid pandemic....
...While the deal would give Boeing the opportunity to fix Spirit’s problems, he added the US aerospace giant “has its own issues and has hardly covered itself with glory when it comes to execution of late”...
Loss of air pressure → Lots of cash pressure
...Spirit used to be Boeing Wichita, located in the heart of Kansas’s aerospace hub and the state’s largest private employer....
...MSCI’s global benchmark for the industry’s stocks is up 25 per cent over the past 12 months. Europe’s Stoxx aerospace and defence stocks index has risen by more than 50 per cent over the same period....
Wars could erupt, unfold and be lost because we lack enough skilled defence workers to make ammunition
...Thyssenkrupp said that global demand for naval shipbuilding was increasing and a potential spin-off would better allow the unit to exploit those opportunities....
...Global military expenditure hit a record $2.2tn in 2022. Investors have got on board. The MSCI’s global benchmark for defence stocks is up about 15 per cent over the past 12 months....
US carriers spell out hit to profits from ‘unacceptable’ Max 9 groundings and delivery delays
...US aerospace and defence group Lockheed Martin has forecast a larger than expected increase in annual sales in 2024 thanks to strong global demand for weapons.The company said it expected net sales of between...
...Erginbilgiç, who took the helm in January last year, received £7.5mn worth of shares in two tranches as a golden hello to compensate for lost earnings and bonuses from his previous employer private equity firm Global...
...The aerospace group said in a statement on Saturday that it supported the temporary grounding. “Safety is our top priority,” Boeing said....
Preliminary report by NTSB finds part that detached had been removed at Washington factory
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