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Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. Source link
Space Companies Struggle to Meet Lofty Goals
Newer industry players are cutting jobs, trimming spending and reining in plans. Source link
Airbus Hits New Supply-Chain Hurdle in Race With Boeing
Engine maker Pratt is recalling 1,200 engines over 12 months just as Airbus is trying to cement its supremacy in narrow-body jets. Source link
Boeing Reports $149 Million Loss as Defense Charges Pile Up
The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link
New Engines on Hundreds of Airbus Jets Recalled for Inspection
RTX said its Pratt & Whitney engines affected by contaminated metal parts. Source link
GE Lifts Guidance as Sales and Earnings Rise
The manufacturer cites strong orders for jet engines and wind turbines. Source link
Who Will Control Wagner’s Empire of War and Gold?
Updated July 24, 2023 12:00 am ET Listen to article (2 minutes) The Kremlin is attempting one of the most complex corporate takeovers in history,
Lockheed Martin Projects Higher Sales as War Boosts Orders
The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link
Drones Reach Stratospheric Heights in Race to Fly Higher, Longer
New military and commercial craft aim to go far higher than jumbo jets and stay there for months, offering a more flexible alternative to satellites.
Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link