Aerospace and defense industry
Voyager Technologies CEO says space data center cooling problem still needs to be solved
Voyager Technologies‘ CEO Dylan Taylor said two years would be an “aggressive” timeframe for space data centers and cooling remains a problem for the developing technology. While SpaceX has the heavy lift rockets to bring components to space, Taylor told CNBC’s Morgan Brennan that the lack of a cooling solution to transfer the heat remains […]
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Anduril founder says U.S. can spend billions less on defense: ‘We spend too much money on the wrong thing’
Defense spending has been the talk of Singapore’s Airshow this week but that’s not an accurate way to measure military strength, Palmer Luckey, founder of defense tech firm Anduril Industries, said on CNBC’s “Squawk Box Asia” Wednesday. That comes after U.S. President Donald Trump in January expressed interest in raising the U.S military budget to […]
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York Space starts trading at $38 per share as CEO touts ‘Golden Dome’ potential
York Space Systems began trading as a public company on Thursday, with founder and CEO Dirk Wallinger touting the company’s potential to be a key contributor to President Trump’s ‘Golden Dome’ project. The Denver-based space company opened on the New York Stock Exchange at $38, up 11.7% from its $34 offering price. It was valued […]
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Southwest Airlines forecasts surge in 2026 profits after new seat, bag fees take hold
A Southwest Airlines aircraft parks at Gate B33 while its tail sticks into the sunlight at Boston Logan International Airport in Boston, MA, on December 22, 2025. Austin DeSisto | Nurphoto | Getty Images Southwest Airlines on Wednesday forecast a surge in 2026 profits well above analysts’ expectations as the carrier overhauls its half-century-old business […]
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Southwest ends open seating after 54 years. Here’s what the last flight was like
OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of […]
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Space firm Redwire stock rockets 28% after joining $151 billion contract for Trump’s ‘Golden Dome’
Pete Cannito, Redwire Corporation at the New York Stock Exchange, September 8, 2021. Source: NYSE Some projections estimate the project could cost more than $500 billion over two decades. During his second term in office, Trump has focused on rebuilding and modernizing the U.S. military and defense manufacturing. This month, the president called for a […]
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Boeing’s quarterly sales jump 57% as CEO says there’s ‘a lot to be optimistic about’
A Boeing Co. 737 Max airplane at the company’s manufacturing facility in Renton, Washington, US, on Thursday, Nov. 20, 2025. David Ryder | Bloomberg | Getty Images Boeing reported revenue ahead of Wall Street expectations for the fourth quarter as the company’s turnaround picked up steam following years of crises. The company’s airplane deliveries last […]
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American Airlines projects revenue growth for 2026, misses earnings estimates for fourth quarter
An American Airlines flight lands at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., Nov. 7, 2025. Nathan Howard | Reuters American Airlines projected Tuesday that its focus on premium will “begin delivering results in 2026” as the carrier races to catch up to its far more profitable rivals and capitalize on strong demand […]
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Airlines cancel hundreds of flights as massive winter storm sweeps across U.S.
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty Images Airlines canceled more than 1,300 flights scheduled for Friday as a massive winter storm sweeps across the U.S. with heavy snow and sleet in the […]
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Spirit Airlines is in deal talks with investment firm Castlelake as struggling carrier seeks path forward
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines is in talks with alternative investment firm Castlelake for a potential takeover as the discount airline looks for a path out […]
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