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Cathie Wood Space Fund Buys This Dow Stock, Trims Its Largest Holding
Investors· 2025-09-30 16:44
Group 1 - ARK Space Exploration & Innovation ETF (ARKX) is increasing its holdings in Honeywell (HON) and Deere (DE), both of which are industrial companies involved in space-related businesses [1] - The ETF added 4,230 shares of Honeywell, bringing its total holdings to 21,714 shares as of Tuesday [1] Group 2 - The article mentions a meeting called by War Secretary Pete Hegseth with military leaders, which includes President Trump [2] - The context of the meeting relates to missile production efforts, indicating a focus on defense stocks [2] Group 3 - Palantir faces competition from Lockheed Martin in the defense sector, highlighting the competitive landscape [4] - Kratos is experiencing growth due to wins in combat drone contracts and advancements in hypersonics [4] - L3Harris Technologies has achieved a technical benchmark with an 80-plus RS rating, indicating strong market performance [4]
Boeing Is Reportedly Working on 737 Max Successor. Here's Why That Matters.
Investopedia· 2025-09-30 15:45
Core Insights - Boeing has initiated the development of a next-generation single-aisle aircraft to potentially replace the 737 MAX, aiming to recover market share lost to Airbus due to previous quality issues [1][3][7] Group 1: Aircraft Development - The 737 MAX is Boeing's best-selling jet, and the company is exploring a new engine in collaboration with Rolls-Royce for the upcoming aircraft [2][4] - Boeing's CEO Kelly Ortberg has emphasized the importance of innovative design to sustain business growth for the coming decades [2][3] Group 2: Market Position and Recovery - Boeing is under pressure to restore its reputation following the 737 MAX crashes, and a new single-aisle jet could serve as a catalyst for share price recovery, which has already increased by over 20% this year [3][9] - The Federal Aviation Administration (FAA) will need to approve the new aircraft, marking a significant shift as Boeing has traditionally used engines from a GE Aerospace and Safran joint venture for its 737 series [4][5] Group 3: Recent Performance - The FAA has begun easing restrictions on Boeing's aircraft deliveries, indicating progress in the company's quality improvement efforts [8] - Boeing has recently secured orders for its 787 Dreamliners from Uzbekistan Airways and Turkish Airlines, showcasing a positive trend in its broader aircraft portfolio [8]
Aerospace Stock Crashes After Rocket Booster Explosion
Schaeffers Investment Research· 2025-09-30 14:49
Publicly traded since early August, aerospace and defense stock Firefly Aerospace Inc (NASDAQ:FLY) is plummeting to new lows -- down 20.9% at $29.24 at last glance -- after one of the company's rocket boosters exploded during preflight testing in Briggs, Texas. The seventh Alpha flight was intended to be a dedicated commercial launch occurring later this year, though it's likely delayed now. Firefly Aerospace stock was already sliding prior to today's bear gap, last seen on track for its fifth loss in the l ...
RTX to release third quarter earnings results on October 21, 2025
Prnewswire· 2025-09-30 12:00
Accessibility StatementSkip Navigation ARLINGTON, Va., Sept. 30, 2025 /PRNewswire/ -- RTX (NYSE: RTX) will issue its third quarter 2025 earnings results on Tuesday, October 21, prior to the stock market opening. A conference call will take place at 8:30 a.m. ET to discuss the results. Media ContactC: 202.384.2474 Investor ContactC: 781.522.5123 SOURCE RTX WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+Newsrooms &Influencers 9k+Digital MediaOutlets 270k+JournalistsOpted In GET STARTED Also from ...
AV Enhances Puma LE with Integrated Laser Target Designator and Universal Gimbal Kit for Precision Targeting and Effortless Multi-Mission Flexibility
Businesswire· 2025-09-30 11:45
Sep 30, 2025 7:45 AM Eastern Daylight Time AV Enhances Puma LE with Integrated Laser Target Designator and Universal Gimbal Kit for Precision Targeting and Effortless Multi-Mission Flexibility Share Bungee-launch a Puma LE with a Laser Designator for long-range identification and prosecution of targets. (Photo: AV) ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. ("AV†) (NASDAQ: AVAV) today announced the launch of capability enhancements for its Pumaâ"¢ LE small unmanned aircraft system (SUAS): an int ...
Peace In The Middle East?
Seeking Alpha· 2025-09-30 11:30
Group 1: Gaming Industry - The gaming industry is experiencing significant challenges, leading to the largest leveraged buyout in history, with Electronic Arts (EA) being valued at $55 billion involving several private equity firms [2] Group 2: Aviation Industry - Boeing is reportedly developing a new single-aisle jet to replace the 737 MAX after losing market share to Airbus due to safety and quality concerns [2] Group 3: Gold Market - Gold prices have reached a record high above $3,800 per ounce, coinciding with the U.S. government's potential shutdown, which may impact national park facilities and services [3] Group 4: Israeli Market - Israeli shares have significantly outperformed U.S. counterparts over the past year, with the iShares MSCI Israel ETF (EIS) returning 95% since October 10, 2023, compared to 54% for S&P 500 ETFs, indicating investor optimism for a stable environment post-conflict [5] Group 5: Middle East Peace Efforts - President Trump announced a 20-point plan for peace in the Middle East, which has received support from leaders in the Arab and Muslim world, with final approval pending from Hamas [4][6]
Volatus Aerospace and VoltaXplore Sign LOI for Canadian-Made Battery Supply to Power Next-Gen Drones
Globenewswire· 2025-09-30 11:30
Core Insights - Volatus Aerospace Inc. and VoltaXplore Inc. have signed a Letter of Intent for the supply of Canadian-made lithium-ion battery cells to power Volatus' next-generation drones [1][2] - This strategic agreement enhances product differentiation and supply chain security for Volatus while positioning both companies for growth in civil, defense, and Arctic surveillance markets [2][5] Company Developments - The partnership allows VoltaXplore to enter the aerospace market, complementing its existing operations in electric mobility and energy storage [3] - VoltaXplore will allocate production capacity from its 1 MWh facility in Montréal to supply advanced battery cells engineered in Canada, which will improve endurance, charging speed, and cold-weather performance for Volatus' UAV platforms [4][6] Industry Context - The collaboration aligns with the Canadian government's emphasis on building domestic industrial capabilities in aerospace and critical minerals, supporting innovation and job creation [5] - The partnership aims to strengthen Canada's domestic supply chain from critical materials to finished aerospace products, enhancing resilience and reducing reliance on external sources [4][5]
X @The Wall Street Journal
The Wall Street Journal· 2025-09-30 10:49
Flexjet signed a contract to buy 300 of a new kind of business jet—with no traditional windows for passengers and a tear-drop-shaped cabin—to be manufactured by Otto Aerospace https://t.co/3hKXnZWkOi ...
X @Bloomberg
Bloomberg· 2025-09-30 01:48
Boeing has started working on a next-generation single-aisle aircraft that could eventually replace the 737 Max, the Wall Street Journal reports https://t.co/8pWAEVZ6R3 ...
Firefly rocket booster explodes in testing incident in Texas
NBC News· 2025-09-30 01:26
A huge explosion caught on camera. I want you to look at this fireball here erupting at the site of the Firefly launch facility in Texas. The aerospace company says it happened during testing, adding they followed safety protocols and that everybody fortunately is safe. ...