Space

Search documents
Howmet (HWM) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-07-17 23:00
Howmet (HWM) closed at $188.83 in the latest trading session, marking a +2.46% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.54%. At the same time, the Dow added 0.52%, and the tech-heavy Nasdaq gained 0.74%. Shares of the maker of engineered products for the aerospace and other industries witnessed a gain of 8.27% over the previous month, beating the performance of the Aerospace sector with its gain of 6.63%, and the S&P 500's gain of 4.2%.The investment community ...
High-Flying GE Aerospace Drops After Blowout Q2 — What Now?
MarketBeat· 2025-07-17 21:16
Core Viewpoint - GE Aerospace reported strong Q2 earnings, significantly exceeding expectations, but the stock price fell despite positive results [3][4][6]. Financial Performance - Adjusted revenue for Q2 reached $10.2 billion, a 23% increase year-over-year, surpassing consensus expectations [3]. - Adjusted earnings per share (EPS) were $1.66, reflecting a growth of over 38% compared to Q2 2024, exceeding the anticipated 19% growth [3]. - The company raised its 2025 revenue growth guidance to the mid-teens, up from low-double digits, and adjusted EPS midpoint to $5.70 from $5.28 [4]. Market Expectations - Analysts had already raised their expectations prior to the earnings report, which diminished the impact of the strong results [6][7]. - The stock had risen 48% since the last earnings report, indicating high market expectations [6]. Valuation and Stock Forecast - As of July 17, GE Aerospace's stock trades at a forward P/E ratio of just under 46x, which is 21% above its average forward P/E of 38x since restructuring [10]. - The 12-month stock price forecast is $229.50, indicating an 11.81% downside from the current price of $260.22 [6]. Business Outlook - GE Aerospace has a strong market position, with 70% of its revenue coming from servicing engines, benefiting from a large installed base [9]. - The company is collaborating with Kratos Defense and Security Solutions to develop propulsion systems for unmanned aerial systems, which could drive future growth [11][12].
Volatus Announces Closing of Fully Subscribed LIFE Offering of $10,000,000
Globenewswire· 2025-07-17 21:14
Not for distribution to United States newswire services or for dissemination in the United States. TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV:FLT) (OTCQX:TAKOF) (Frankfurt: ABB) (“Volatus” or the “Company”) is pleased to announce that it has closed its previously announced fully subscribed non-brokered listed issuer financing exemption (LIFE) private placement (the "LIFE Offering"). The Company issued 19,230,770 units of the Company ("Units") at a price of $0.52 per Unit for gro ...
X @Bloomberg
Bloomberg· 2025-07-17 19:48
Bahrain’s Gulf Air will buy 18 Boeing Co. 787 Dreamliner jets equipped with GE engines, breaking from past purchases of the model powered by Rolls-Royce engines https://t.co/wLAo4APqRM ...
X @Bloomberg
Bloomberg· 2025-07-17 19:46
Project Delivery - RTX交付了价值76亿美元的GPS卫星地面控制网络给美国太空部队 [1] - 该项目在交付前经历了多年的延误和巨大的成本超支 [1]
This Ain't Your Grandpa's GE: Aerospace Engines Firing On All Cylinders
Seeking Alpha· 2025-07-17 18:24
Group 1 - The article emphasizes the importance of earnings season for obtaining updates on companies in investment portfolios or watchlists, despite some overhyping of its significance [1] Group 2 - The article does not provide specific company or industry insights, focusing instead on the general context of earnings season and its relevance to investors [2][3]
Boeing's July Deliveries On Track With China Uptick
Benzinga· 2025-07-17 18:24
Boeing Company BA is showing signs of steady momentum across its 737 and 787 programs in July, navigating through typical seasonal slowdowns and an initially sluggish start.Bank of America Securities (BofA) analyst Ronald J. Epstein reiterated a Buy rating on Boeing with a price forecast of $260, expressing confidence in the company’s delivery and production trajectory.Epstein points out that while only 10 737s were delivered by mid-July, this aligns with Boeing’s usual monthly cadence, where activity accel ...
X @TechCrunch
TechCrunch· 2025-07-17 18:19
Hadrian raises $260M to build out automated factories for space and defense parts | TechCrunch https://t.co/CeUBldIiiU ...
Are You Looking for a Top Momentum Pick? Why GE Aerospace (GE) is a Great Choice
ZACKS· 2025-07-17 17:01
Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: GE Aerospace - GE Aerospace currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance [3] Performance Metrics - Over the past week, GE shares increased by 3.46%, outperforming the Zacks Aerospace - Defense industry, which rose by 3.17% [5] - In the last month, GE's shares have risen by 12.84%, compared to the industry's 8.32% [5] - Over the past quarter, GE Aerospace shares have surged by 37.43%, and over the last year, they have gained 69.91%, while the S&P 500 only increased by 19.12% and 11.85%, respectively [6] Trading Volume - GE's average 20-day trading volume is 7,255,816 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the last two months, two earnings estimates for GE have been revised upwards, with no downward revisions, raising the consensus estimate from $5.50 to $5.55 [9] - For the next fiscal year, three estimates have also moved higher without any downward revisions [9] Conclusion - Given the strong performance metrics and positive earnings outlook, GE Aerospace is positioned as a solid momentum pick with a Momentum Score of A and a Zacks Rank of 2 (Buy) [11]
L3Harris to Build More than 20 New Large Solid Rocket Motor Manufacturing Facilities in Calhoun County, Arkansas
GlobeNewswire News Room· 2025-07-17 17:00
Core Insights - L3Harris Technologies plans to build over 20 new manufacturing facilities in Calhoun County, Arkansas, to produce large solid rocket motors, creating 50 new jobs over two years [1][3][4] - The investment is part of a broader strategy to strengthen the domestic solid rocket motor industrial base, essential for national missile and strategic defense [2][4] - L3Harris is investing nearly $500 million across its production sites, with $193 million allocated specifically for Arkansas [3][4] Company Overview - L3Harris' Camden site is recognized as the "Center of Excellence for Solid Rocket Motor production," employing approximately 1,300 people and producing over 100,000 solid rocket motors annually [5][6] - The new facilities are expected to provide a six-fold increase in manufacturing capacity, enhancing the company's ability to meet current demand [4][6] Economic Impact - The investment is anticipated to bolster Arkansas' economy, creating new job opportunities and reinforcing the state's position in the aerospace and defense sector [3][4][7] - Arkansas has been highlighted for its favorable business environment, including a low cost of living and strong economic growth, making it an attractive location for major companies like L3Harris [3][4]