Aerospace and defense industry
Delta raises revenue guidance as CEO says travel demand has been ‘really, really great’
Delta Air Lines said Tuesday that the company was maintaining its profit guidance for the first quarter and raising revenue expectations, despite airlines dealing with higher jet fuel prices since the war in Iran started. CEO Ed Bastian told CNBC’s Phil LeBeau that Delta had taken a $400 million hit so far for the fourth […]
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Gecko Robotics brings its AI to U.S. Navy ship repair in latest next-gen defense tech deal
Gecko Robotics founders Jake Loosararian and Orion Correa. Courtesy: Gecko Gecko Robotics, a Pittsburgh-based robotics startup, on Tuesday announced a $71 million deal with the U.S. Navy to cut down ship repair time as the government races to reindustrialize America’s aging defense systems. The company said its robots — capable of flying, swimming, and climbing […]
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‘We will remember’: Trump warns countries to help secure Strait of Hormuz as shipping stalls
U.S. President Donald Trump speaks to members of the media before boarding Air Force One for travel to Florida, at Joint Base Andrews, Maryland, U.S., March 13, 2026. Kevin Lamarque | Reuters U.S. President Donald Trump said Sunday that other countries should help the U.S. secure the Strait of Hormuz, arguing the key shipping route […]
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These charts show the size of Europe’s defense boom, as companies take stock of the Iran war
Workers assemble a Leonardo AW139 helicopter on the production floor at the Leonardo plant in Varese, Italy, on Thursday, March 20, 2025. Bloomberg | Bloomberg | Getty Images Italian defense firm Leonardo said it is “positioned on a path of strong growth” on Thursday, as European defense companies stand to gain business from the war […]
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Flights are already getting more expensive after jet fuel spike. When should you book?
Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at William P. Hobby Airport in Houston, Texas, US, on Monday, March 9, 2026. Mark Felix | Bloomberg | Getty Images The surge in fuel prices since the U.S. and Israel attacked Iran nearly two weeks ago is already driving up airfare. Consumers’ appetite […]
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Rheinmetall sees sales growth of up to 45% in 2026, says it’s in ‘prime position’ to arm the U.S. amid war in Iran
German Rheinmetall MAN tactical military transport vehicles parked in the Edvard Peperko military barracks. Luka Dakskobler | Lightrocket | Getty Images German arms maker Rheinmetall said it sees this year’s sales growing by as much as 45% as it reported 2025 revenue growing 29% year-over-year, missing expectations. It also said it was in a “prime […]
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Spirit Airlines to recall furloughed pilots to combat attrition as carrier eyes bankruptcy exit
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 calling back all furloughed pilots after higher-than-expected attrition has strained its operation, according to a company memo, which was reviewed […]
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TSA staff shortages lead to hourslong security lines for travelers at some airports
A woman travelling hands her travel documents to a TSA officer at Los Angeles International Airport on May 7, 2025. Frederic J. Brown | AFP | Getty Images Travelers struggled with hours-long security lines at some airports as officials warned of Transportation Security Administration staffing shortages amid the partial government shutdown. Houston’s William P. Hobby Airport told […]
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Palantir rallies 15% for the week as Iran war boosts prospects, muting Anthropic concern
Palantir Technologies CEO Alex Karp attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 20, 2026. Denis Balibouse | Reuters Palantir was an outlier in a tough week for the stock market, as the provider of software and services to the U.S. government saw its stock rally 15% following the U.S. […]
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United Airlines CEO: Fuel spike will hit results, but travel demand hasn’t taken ‘even a tiny step back’
Scott Kirby, CEO of United Airlines, speaks during the WSJ’s Future of Everything 2025 at the Glasshouse on May 29, 2025 in New York City. Michael M. Santiago | Getty Images BOSTON — United Airlines CEO Scott Kirby said the spike in fuel prices since the U.S. and Israel attacked Iran on Saturday will have […]
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