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GE Aerospace to Pump in $53M to Upgrade West Jefferson Facility
ZACKS· 2025-11-25 16:55
Key Takeaways GE will expand its West Jefferson facility by 35,000 square feet over three years.The project aims to raise production of CFM LEAP engine components as demand grows.State and local groups will provide $1.1M in support funding for the GE expansion.GE Aerospace (GE) recently committed to invest approximately $53 million over a span of three years to expand its North Carolina-based West Jefferson facility by more than 35,000 square feet. This expansion will generate more than 40 additional jobs a ...
Ducommun (DCO) is Benefitting From Strong Demand
Yahoo Finance· 2025-11-25 13:31
Diamond Hill Capital, an investment management company, released its “Small Cap Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. Markets continued their rally in the third quarter, with small-cap stocks gaining over 12% as measured by the Russell 2000 Index. However, the portfolio trailed the Russell 2000 Index in the quarter, returning 7.93% (net of fees). The relative underperformance was mainly due to the rally being driven by sectors that the portfolio typically ...
Boeing gaining ground in ‘war against defects’ at 737 jet plant
The Economic Times· 2025-11-25 09:54
The clattering of tools halts for an hour as mechanics stop building narrowbody jets lined up nose-to-tail and break into small work groups to talk through their on-the-job impediments and irritants. The discussions often center on persistent headaches, like a hole repeatedly drilled in the wrong location by a key supplier, Boeing employees said. With the second anniversary approaching of the Alaska Air Group Inc. midair near-calamity that plunged Boeing into crisis, the planemaker is reinforcing the safet ...
This Aerospace Stock Is About to Take Off
Yahoo Finance· 2025-11-24 18:30
Key Points Hexcel is at the start of a likely multiyear recovery. Boeing and Airbus are aggressively addressing their mammoth backlogs, which benefits Hexcel. The use of lightweight composites in aircraft is increasing with each new model. 10 stocks we like better than Hexcel › It has been a challenging few years for advanced lightweight composites company Hexcel (NYSE: HXL). The company's primary end market is commercial aerospace, and the combination of lockdowns affecting the travel market, th ...
Woodward Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Woodward (NASDAQ:WWD)
Benzinga· 2025-11-24 12:34
Woodward, Inc. (NASDAQ:WWD) will release earnings results for the fourth quarter after the closing bell on Monday, Nov. 24.Analysts expect the company to report quarterly earnings at $1.87 per share, up from $1.41 per share in the year-ago period. The consensus estimate for Woodward’s quarterly revenue is $943.15 million, compared to $854.49 million a year earlier, according to data from Benzinga Pro.On Sept. 16, Woodward announced plans to invest $200 million in new aerospace manufacturing facility in Sout ...
Woodward Likely To Report Higher Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2025-11-24 12:34
Group 1 - Woodward, Inc. is set to release its fourth-quarter earnings results on November 24, with expected earnings of $1.87 per share, an increase from $1.41 per share in the same period last year [1] - The consensus estimate for Woodward's quarterly revenue is $943.15 million, compared to $854.49 million a year earlier [1] - On September 16, Woodward announced a $200 million investment in a new aerospace manufacturing facility in South Carolina [2] Group 2 - Wolfe Research analyst upgraded Woodward's stock from Peer Perform to Outperform with a price target of $300 [4] - Barclays analyst maintained an Equal-Weight rating and raised the price target from $200 to $260 [4] - UBS analyst maintained a Buy rating and increased the price target from $283 to $299 [4] - Truist Securities analyst maintained a Buy rating and raised the price target from $232 to $267 [4] - Jefferies analyst maintained a Buy rating and increased the price target from $250 to $328 [4]
CPI Aerostructures Awarded Lot 5 Production Contract of Next Generation Jammer Mid-Band Program by Raytheon Technologies
Globenewswire· 2025-11-20 13:00
- Production Order for Pods and Air Management System valued at up to $42.3 Million – EDGEWOOD, N.Y., Nov. 20, 2025 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (“CPI Aero®” or the “Company”) (NYSE American: CVU) announced today that Raytheon, an RTX business, authorized CPI Aero to begin manufacturing of Pods and Air Management System (AMS) for the follow-on Lot 5 Production phase of the Next Generation Jammer Mid-Band (NGJ-MB) program. Initial funding is set at $21.1 million with a not-to-exceed of $42.3 ...
Boeing DPA Drama Comes To A Close—At Least For Now
Forbes· 2025-11-19 15:30
Deferred Prosecution Agreements have been viewed for many years as a relatively manageable way for companies to wrap up federal criminal investigations. That may still be true, but any sense of certainty and dependability should have ended with the experience of Boeing Corporation. Boeing’s ordeal began when Boeing 737 Max planes crashed in 2018 and 2019, and it ended (at least for now) in a Fort Worth courtroom in early November, when U.S. District Judge Reed O’Connor of the Northern District of Texas gran ...
Abu Dhabi Airports Selects BETA Technologies' Charge Infrastructure for emirate's Advanced Air Mobility Network
Businesswire· 2025-11-18 14:54
Core Insights - Abu Dhabi Airports has contracted BETA Technologies to deploy its Charge Cube and Battery Thermal Management System for an advanced air mobility ecosystem in Abu Dhabi [1] - The contract aligns with Abu Dhabi Airports' mandate to develop public infrastructure and operations for a network of vertiports across the emirate [1] Company Summary - BETA Technologies is a U.S. aerospace company involved in the deployment of advanced air mobility solutions [1] - The partnership with Abu Dhabi Airports signifies BETA's role in the growing AAM sector [1] Industry Summary - The advanced air mobility (AAM) ecosystem is being developed in Abu Dhabi, indicating a strategic push towards modern transportation solutions [1] - The establishment of vertiports is part of a broader initiative to enhance public infrastructure and commercial readiness in the region [1]
flydubai inks deal with GE Aerospace for GEnx-1B engines and services to power its first widebody fleet
Prnewswire· 2025-11-17 12:00
Accessibility StatementSkip Navigation flydubai and GE Aerospace signed an agreement for 60 GEnx-1B engines to power the airline's new fleet of Boeing 787-9s. This agreement underpins flydubai's growth strategy and the continued expansion of its network, enabling the airline to increase capacity on existing routes, and meet demand from a growing passenger base. Established in 2008, flydubai has grown significantly, and currently serves more than 135 destinations across 57 countries; the airline is now addin ...