Aerospace and defense industry
Former NASA administrator joins board of spacecraft propulsion startup Phase Four
Jim Bridenstine, administrator of the National Aeronautics and Space Administration, speaks during a Senate hearing on Sept. 30, 2020. Bloomberg | Bloomberg | Getty Images Former NASA Administrator Jim Bridenstine joined the board of directors of spacecraft propulsion startup Phase Four, the company told CNBC. The move sees the former NASA chief throw his experience […]
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NASA taps SpaceX for 5 a lot more astronaut missions, worthy of $1.4 billion in contracts
The SpaceX Falcon 9 rocket, carrying astronauts Doug Hurley and Bob Behnken in the Crew Dragon capsule, lifts off from Kennedy Space Middle, Fla., on Saturday, May well 30, 2020. The SpaceX Demo-2 mission is the initial crewed start of an orbital spaceflight from the U.S. in practically a 10 years. Joe Burbank | Orlando […]
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NASA aims for Artemis launch attempt on Saturday after reviewing rocket engine problem
NASA’s next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, as it stands on launch pad 39B in preparation for the unmanned Artemis 1 mission at Cape Canaveral, Florida, August 27, 2022. Joe Skipper | Reuters NASA announced it will make another attempt to launch the Artemis […]
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General Dynamics and Northrop Grumman are buys as defense spending ramps up, RBC says
More defense spending should boost shares of General Dynamics and Northrop Grumman , according to RBC Capital Markets. Analyst Ken Herbert initiated coverage of General Dynamics and Northrop Grumman with outperform ratings, saying the war in Ukraine and continued risk in China will boost the defense stocks over the near- and long-term. “We like NOC […]
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NASA postpones Artemis 1 rocket launch just after problems emerge through countdown, delaying mission to the moon
In this handout offered by the Countrywide Aeronautics and Space Administration, the Place Start Systemrocket with the Orion spacecraft aboard atop a cell launcher as it rolls out of Superior Bay 3 of the Car or truck Assembly Setting up for the first time on its way to to Launch Advanced 39B March 17, 2022 […]
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NASA is set to launch the Artemis 1 mission on its most powerful rocket yet — here’s what you should know
NASA plans to launch the Artemis I mission on Monday from Kennedy Space Center in Florida, sending the Space Launch System (SLS) rocket and Orion capsule on a more than month-long journey around the moon. — The uncrewed launch marks the debut of the most powerful rocket ever assembled and kicks off NASA’s long-awaited return […]
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SpaceX and T-Mobile group up to use Starlink satellites to ‘end cell dead zones’
T-Cellular CEO Mike Sievert and SpaceX founder Elon Musk announce partnership ideas on Aug. 25, 2022. Screenshot SpaceX founder Elon Musk and T-Cell CEO Mike Sievert mentioned that their providers are doing work to “conclude cell dead zones,” and will start a new cell assistance enabled by Starlink second-technology satellites and T-Mobile bandwidth. Starlink is […]
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Sky-high rents hit the aircraft market as Boeing jets top $300,000 a month
An Airbus A321 is being assembled in the final assembly line hangar at the Airbus U.S. Manufacturing Facility in Mobile, Alabama. Michael Spooneybarger | Reuters Passengers aren’t the only ones paying more to fly this year. A tight supply of aircraft is driving up the price airlines pay to rent planes, just as travel demand […]
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South Korea and U.S. start their largest navy drills in a long time immediately after North Korea backlash
South Korea and the United States commenced their premier joint military services drills in many years on Monday with a resumption of area teaching, officers reported Chung Sung-jun | Getty Pictures News | Getty Pictures South Korea and the United States began their greatest joint military drills in years on Monday with a resumption of […]
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Airline unions urge carriers not to resume buybacks when bailout ban ends this fall
A United Airlines flight crew walks through the terminal at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images The largest U.S. airlines are making money again. Labor unions don’t want them to spend it on stock buybacks. A condition of the $54 billion in federal aid […]
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