Covenant says its factories will be capable of producing 1,000 missiles each next year, with the goal of scaling up to 5,000 missiles a year.
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For GE Aerospace the acquisition represents a critical chance to it expand its own production capacity amid booming demand.
Lockheed Martin has been benefiting from missile demand as Western countries look to refill their missile stockpiles and build their arsenals.
NATO members last year pledged to spend 5% of GDP on defense by 2035, or roughly $3 trillion a year, up from the previous 2% target.
Blue Origin will develop the Mars Telecommunications Network, which will provide high-bandwidth communications and navigation services.
A C919 aircraft built by the state-backed COMAC completed an international commercial flight for the first time last week.
Since its founding in 2018, Archer has been at the forefront of efforts to make urban air-taxi networks and eVOTL aircraft.
Sales climbed 10% as Boeing narrowed its losses from $31 million in the same quarter last year to $7 million this go-round.
High interest rates and prices (an average of $49,275 for new cars in March, per Kelley Blue Book data) have kept buyers from the car market.
With so much enthusiasm for assets linked to the ever-expanding cosmos, it may be time for advisors to reach for the stars.
NASA is teaming up with a host of private companies to build a lunar economy ready to welcome humans to the moon’s inhospitable surface.
The space agency also said Tuesday that it is planning to build a new nuclear-powered robotic spacecraft to launch to Mars by 2028.
The space race is on to build the biggest satellite internet network, and Amazon has some catching up to do.
Beleagured Boeing won more plane orders in 2025 than rival Airbus for the first time in seven years but faces an uphill battle in deliveries.
SpaceX’s potential monster IPO would come after what’s been a remarkable rebound year for public listings.