Musk Announces SpaceX Has Completed Its Move Of Incorporation To Texas
On Wednesday, Elon Musk, the CEO of SpaceX, announced in a post on X, the billionaire’s social media platform formerly known as Twitter, that the business has changed its state…
Goldman Sachs Buys US And UK Companies For China
On Wednesday, the Financial Times reported that according to sources with direct knowledge of the operations of Goldman Sachs, the US investment bank established a fund made up of Chinese…
Qantas Close To Ordering More 787 Dreamliners
According to industry sources, Boeing is close to closing on an order for more of its 787 Dreamliner jumbo jets from Qantas Airways. The sources said that the order’s quantity…
Airbus Deliveries For Q1 and Q2 Up 6% YoY
On Thursday, industry sources reported that Airbus deliveries rose by 6% for the first half of the year, hitting 316 aircraft. In June the European plane manufacturer delivered 72 aircraft,…
Raytheon Gets $264 Million Modification Contract For AIM-9X Sidewinder Missiles
On Monday Raytheon Technologies (RTX) announced it has been awarded a $264 million modification contract to produce and deliver 571 short range AIM-9X Sidewinder missiles to the United States Navy.…
Virgin Galactic Surges Off Possibility Of UFO Tech Being Declassified
Following a US whistleblower’s claims that the US has recovered spacecraft of a nonhuman origin, as well as the ship’s non-human pilots, Richard Branson’s Virgin Galactic space flight company has…
Virgin Orbit Files For Bankruptcy Protection
California-based satellite-launch company Virgin Orbit Holdings, a subsidiary of Richard Branson’s Virgin Group, announced on Tuesday that it had filed in the US for Chapter 11 bankruptcy protection. CEO Dan…
Richard Branson’s Virgin Orbit To Lay Off Almost All Staff
Following a failed mission to launch a payload into orbit, Richard Branson’s satellite launch company has announced it will be slashing 675 jobs, almost the entirety of its workforce, due…
Boeing To Cut 2,000 Jobs
On Monday, Boeing Co officially confirmed the planemaker plans to cut approximately 2,000 white collar jobs in its finance and human resources divisions using a combination of layoffs and regular…
Boeing Report Disappoints Investors
Boeing stock is trading down since issuing an earnings report in which the aerospace and defense company missed on revenues and had a surprise earnings per share (EPS) loss. In…
