Aerospace
Search documents
Vertical Aerospace Brings Valo to Miami, Showcasing the Future of Electric Inter-City Travel
Businesswire· 2026-02-18 11:20
Vertical Aerospace Brings Valo to Miami, Showcasing the Future of Electric Inter-City TravelFeb 18, 2026 6:20 AM Eastern Standard Time# Vertical Aerospace Brings Valo to Miami, Showcasing the Future of Electric Inter- City TravelShare---- Display coincides with iConnections, offering attendees a first look at next-generation air mobility- Vertical outlines routes to connect Miami, Fort Lauderdale and Palm Beach in minutes- Visitors can experience the premium four-seat aircraft designed for journeys up to 10 ...
Bombardier Completes Partial Redemption of US$500,000,000 of its 6.000% Senior Notes due 2028
Globenewswire· 2026-02-17 22:01
MONTRÉAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has redeemed US$500 million principal amount of its outstanding 6.000% Senior Notes due 2028 (the “Redemption Notes”) as set forth in the notice of partial redemption issued December 17, 2025. This debt redemption was funded using cash from Bombardier’s balance sheet. Payment of the redemption price and surrender of the Redemption Notes for redemption are being made through the facilities of the Depository Tru ...
Virgin Galactic Announces Date of Fourth Quarter and Full Year 2025 Financial Results and Conference Call
Businesswire· 2026-02-17 21:06
Virgin Galactic Announces Date of Fourth Quarter and Full Year 2025 Financial Results and Conference CallFeb 17, 2026 4:06 PM Eastern Standard Time# Virgin Galactic Announces Date of Fourth Quarter and Full Year 2025 Financial Results and Conference CallShare---ORANGE COUNTY, Calif.--([BUSINESS WIRE])-- Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic†or the "Company†) today announced that it will report its financial results for the fourth quarter and full year 2025 following the close of th ...
Safran: Aftermarket Power And Margin Expansion Justify Strong Buy (Rating Upgrade)
Seeking Alpha· 2026-02-17 20:09
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Safran SA ( SAFRF , SAFRY ), a key supplier in the commercial aviation and defense sectors, rallied 13.6% since my last report , outperforming the S&P 500’s 1.3% gain. The company reported its full-year earnings in February along with an update toD ...
Volatus Aerospace Inc. Highlights Established Infrastructure, Financial Readiness, and Operational Execution Following Canada's Defence Industrial Strategy
Globenewswire· 2026-02-17 17:41
MONTREAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT | OTCQX: TAKOF | FSE: ABB) (“Volatus” or the “Company”), a Canadian-controlled aerospace and defence platform delivering dual-use uncrewed systems, aerial intelligence, and mission-critical operational services, today welcomed the Government of Canada’s release of Canada’s Defence Industrial Strategy (“DIS”), describing it as a structural shift toward sovereign industrial capability, accelerated procurement, and long-term defence ...
Volatus Aerospace Inc. Highlights Established Infrastructure, Financial Readiness, and Operational Execution Following Canada’s Defence Industrial Strategy
Globenewswire· 2026-02-17 17:41
MONTREAL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT | OTCQX: TAKOF | FSE: ABB) (“Volatus” or the “Company”), a Canadian-controlled aerospace and defence platform delivering dual-use uncrewed systems, aerial intelligence, and mission-critical operational services, today welcomed the Government of Canada’s release of Canada’s Defence Industrial Strategy (“DIS”), describing it as a structural shift toward sovereign industrial capability, accelerated procurement, and long-term defence ...
ITT (NYSE:ITT) FY Conference Transcript
2026-02-17 17:02
ITT Conference Call Summary Company Overview - **Company**: ITT Inc. (NYSE: ITT) - **Industry**: Engineering and manufacturing of components for harsh environments across various sectors including transportation, aerospace and defense, energy, chemicals, and mining - **Market Size**: Approximately $4 billion - **Growth**: Achieved 7% organic growth over the last three years [10][11] Core Business Segments 1. **Industrial Process**: Focuses on flow technologies, including pumps and valves 2. **Motion Technologies**: Produces brake pads and shock absorbers for various vehicles, including defense and high-speed trains 3. **Connect and Control Technologies**: Manufactures connectors and control components primarily for aerospace and defense [10][11] Financial Performance and Targets - **Long-term Growth Targets**: - 10% total growth - 5% organic growth until 2030 - Adjusted EPS target of over $11, potentially $12 with M&A adjustments - Adjusted operating margin target of 23-25% and cash flow margin of 14-15% [11][12] Market Demand Insights - **U.S. Industrial Demand**: Positive indicators observed in Q4 and January, particularly in aerospace and defense, automotive, and short-cycle projects [13][14] - **Backlog**: Healthy backlog with increased profitability; long-term visibility in air and defense sectors [15][16] - **Green Projects**: Significant growth in green projects, with a 90% increase in 2025 orders compared to 2024 [17] Segment-Specific Insights - **Aerospace and Defense**: Expected to see significant growth due to Boeing's production ramp-up and defense modernization investments [18][20] - **Automotive**: Anticipated to remain flat to slightly down, but ITT expects to outperform the market by 400-500 basis points [22][24] - **Industrial Process**: Expected low- to mid-single-digit growth; strong performance in short-cycle orders and spare parts [24][25] Acquisition Strategy - **SPX FLOW Acquisition**: Expected to close in March; aims to reduce automotive exposure to 20% and integrate successfully for growth [11][12][88] - **Integration Approach**: Focus on value creation rather than traditional integration; immediate synergies targeted [85][86] Profitability and Productivity - **Decentralized Structure**: Emphasizes accountability at local levels to drive productivity and growth; utilizes 48 KPIs for performance measurement [73][75] - **Pricing Power**: Strong pricing power in CCT segment; however, limited pricing power in automotive [57][100] Future Outlook - **Debt Management**: Post-acquisition focus on debt reduction, aiming for a debt ratio around 2.7 [110][114] - **Valuation Expectations**: Anticipated P/E ratio around 20 times [116] Key Risks and Considerations - **Market Volatility**: Potential impacts from economic fluctuations and sector-specific challenges, particularly in automotive and chemicals [22][66] - **Integration Challenges**: Ensuring smooth integration of SPX FLOW while maintaining customer satisfaction and operational efficiency [86][90] This summary encapsulates the key points discussed during the ITT conference call, highlighting the company's strategic direction, market performance, and future growth prospects.
SpaceX Reportedly Considering Dual Class Shares To Keep Elon Musk In Control After IPO
Yahoo Finance· 2026-02-17 15:31
SpaceX is reportedly eyeing a dual-class share structure for its highly anticipated IPO later this year. The move would let billionaire founder Elon Musk maintain iron-grip control over the rocket maker even as he taps public markets for cash. The two-tier setup mirrors a strategy Musk has publicly championed for Tesla Inc (NASDAQ:TSLA), giving select insiders supervoting shares that dominate corporate decision-making. Critics say the structure shields executives from accountability, but Musk has long a ...
RTX's Collins Aerospace named a Crystal Cabin Award finalist
Prnewswire· 2026-02-17 14:00
RTX's Collins Aerospace named a Crystal Cabin Award finalist [Accessibility Statement] Skip NavigationThe SkyNook suite transforms unused space into a flexible, semi-private retreat at the aft of a widebody aircraftWINSTON-SALEM, N.C., Feb. 17, 2026 /PRNewswire/ -- Collins Aerospace, an RTX (NYSE: RTX) business, has been named a finalist for a 2026 Crystal Cabin Award for its SkyNook suite. The Crystal Cabin Award is an international honor recognizing innovation, excellence and creativity in aircraft cabin ...
Helio Corporation Reports Full Year Earnings for Fiscal Year 2025
TMX Newsfile· 2026-02-17 13:51
Berkeley, California--(Newsfile Corp. - February 17, 2026) - Helio Corporation (OTCID: HLEO) ("Helio" or the "Company") announced that its Board of Directors and its PCAOB auditor, Astra Audit and Advisory LLC, have completed the audit of the Company's fiscal year ended October 31, 2025. The table below indicates our results:Fiscal Year 2025 ("FY2025") vs Fiscal Year 2024 ("FY2024") Summary(Fiscal Year Ending Octorber 31) FY2025FY2024Revenue$3,875,793$6,891,223Gross Profit$923,174$2,738,033Operating Income ...