Tag: Aerospace Products/Parts

Boeing Shares Lift Dow Industrials, With Inflation Data Looming
Money

Boeing Shares Lift Dow Industrials, With Inflation Data Looming

A large order for jets helped boost Boeing shares Monday in an otherwise quiet day for U.S. markets ahead of key inflation data. Given a lift by Boeing, the Dow Jones Industrial Average rose 0.2%, or roughly 55 points. The S&P 500 slipped 0.1%, while the tech-heavy Nasdaq Composite fell 0.2%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Airbus Sticks to Delivery Target Despite Supply-Chain Challenges
World

Airbus Sticks to Delivery Target Despite Supply-Chain Challenges

Airbus posted higher revenue and earnings for the third quarter and backed its guidance for the year, sticking to plans to deliver 720 commercial planes despite lingering supply-chain snags that are making it harder to procure some spare parts and raw materials.Write to Mauro Orru at mauro.orru@wsj.comCopyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
SpaceX Signs Deal to Launch Key European Satellites
World

SpaceX Signs Deal to Launch Key European Satellites

PARIS—SpaceX has signed a deal to launch up to four of Europe’s flagship navigation and secure communications satellites into orbit, reinforcing the Elon Musk-led company’s growing foothold in the region as local rivals struggle to get rockets off the ground. SpaceX and the European Space Agency recently signed an agreement for two launches next year, each carrying two Galileo satellites, said Javier Benedicto, the agency’s director of navigation. The European Commission, the European Union’s executive arm, along with EU member states, must still give final approval for the deal. That is likely to happen before the end of the year, officials said.  Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8