Airbus reported a 52% decline in first-quarter operating profits to 300 million euros, down from 624 million euros last year, due to slower deliveries of commercial aircraft. The company delivered 114 planes in Q1 2024 compared to 136 in the same period last year, impacted by engine shortages from supplier Pratt & Whitney. Despite a 7% revenue decline, Airbus' defense and space segment grew 7%, while helicopter sales remained stable. Investor sentiment has cooled as Boeing recovers from its crisis, narrowing losses and improving deliveries, but analysts expect steady demand for aircraft despite global uncertainties.
Senra, a startup founded by former SpaceX engineer Jordan Black, secured $65 million in Series B funding to modernize the production of wire harnesses—critical electrical cabling used in rockets, vehicles, and satellites. The company uses proprietary...
BTG Pactual has initiated coverage on Boeing with a Neutral rating and a $260 price target, suggesting a nearly 20% upside from the current $217 stock price. Boeing reported strong Q2 2026 results, delivering 171 commercial airplanes and 35 defense u...
Boeing announced its delivery numbers for the second quarter of 2026, showing robust output in both commercial and defense sectors. The company delivered 171 commercial airplanes, including 129 units of the 737 model, and a total of 65 defense aircra...
At the Farnborough International Airshow 2026, Boeing unveiled its MQ-28 Ghost Bat uncrewed combat aircraft for the first time, highlighting its role in surveillance and electronic warfare. The company also showcased a full-size 777X cabin section an...
