A U.S. jury ruled in favor of Boeing, rejecting LOT Polish Airlines' claim that Boeing hid safety details about the 737 MAX's MCAS system linked to fatal crashes. LOT sought $153 million in damages for losses caused by the aircraft's grounding after the crashes in 2018 and 2019. The verdict is a major legal win for Boeing amid ongoing fallout from the 737 MAX crisis. LOT hinted at a possible appeal. Meanwhile, Boeing is pursuing a large aircraft deal with China, potentially worth up to 750 jets, signaling a business recovery.
SpaceX's upcoming IPO is valued at $1.77 trillion, exceeding the combined $1.5 trillion valuation of all 12 aerospace companies in the S&P 500. Despite lower revenue than these firms, SpaceX's valuation reflects strong investor optimism, with some pr...
The iShares U.S. Aerospace & Defense ETF (ITA) has gained 34% over the past year, driven by major holdings like GE Aerospace, RTX, and Boeing. The fund's near-term performance hinges on two key events: the approval of the Pentagon’s $1.45 trillion FY...
Airline CEOs at a major industry event revealed that newer, more fuel-efficient airplane engines are less reliable than promised, requiring earlier and more frequent maintenance. This reduces the expected cost savings from fuel efficiency and increas...
This week, markets are under pressure due to several factors: escalating tensions in Iran disrupting peace efforts, a decline in the technology sector, and concerns over inflation driven by strong U.S. jobs data that could prompt the Federal Reserve ...
Lockheed Martin (LMT) and Boeing (BA) have not joined the recent surge in space-related stocks, largely due to ULA's lack of cost innovation and limited market fit compared to SpaceX. Their space segments contribute only a small portion of overall re...
