Workers at Boeing's fighter jet plants have walked off the job. This is not the first time. It happened less than a year after Boeing gave raises to end another strike. Around 3, 200 workers from three plants in Missouri and Illinois said no to a new contract. They want better pay and working conditions. The union, IAM, said workers are fed up. They build important ...
SpaceX, a leader in space innovation, is now facing two serious legal challenges. Two former employees have taken the company to court, claiming they were fired for raising safety concerns. Both workers say that SpaceX prioritized speed and cost-cutting over worker safety and well-being. Robert Markert, a longtime employee, says he was ignored when he pointed out da...
China's aircraft manufacturer, COMAC, just got some good news. The US has allowed GE Aerospace to start sending jet engines to them again. This is a big deal because COMAC is trying to compete with Boeing and Airbus. The engines are crucial for their planes, the C919 and the smaller C909. The US had stopped the engine shipments earlier this year. This caused problem...
The aerospace industry is bracing for a financial storm. Two major players, RTX and GE Aerospace, are expecting a significant financial blow due to tariffs on imported goods and materials. This is not just about numbers; it's about the ripple effect on the global supply chain and the prices consumers might face. RTX, a key player in defense and commercial aerosp...
The aerospace industry is in for a bumpy ride. New tariffs are set to make planes and parts more expensive. This could hurt an industry that helps the U. S. trade balance by over 100 billion dollars each year. The U. S. aerospace industry has been a big winner in global trade. For decades, it has enjoyed duty-free trade thanks to a long-standing agreement. Now, new ...
The quest to find life on Mars has taken an interesting turn. A British space company has stepped in to replace a Russian corporation in a European mission to Mars. This company, Airbus, is based in Stevenage, Hertfordshire. They will be working on the ExoMars lander, which will gently place the Rosalind Franklin rover on the Martian surface. The original plan invol...
The aerospace industry is a major player in U. S. manufacturing. It creates high-paying jobs and has consistently generated a significant trade surplus. Boeing, a leading company in this sector, is known for exporting billions of dollars worth of goods annually. However, President Trump's tariff policies could potentially harm Boeing and its suppliers. Trump has alr...
Rolls-Royce, a big name in making jet engines and power systems for ships and submarines, just had a fantastic year. They made a whopping £2. 46 billion in operating profit for 2024. That's a huge jump of 57% from the year before. This big success allowed them to set even higher goals for the future. They expect to make between £3. 6 billio...
Boeing is hoping to turn things around in 2025 with its space program. After a tough 2024, investors are curious about what the company has planned. Boeing's CEO, Kelly Ortberg, says the team is ready to perform better. One big factor could be the Vulcan rockets, which Amazon will use for space launches next year. Boeing is also waiting for approval to run national s...
Airbus is mulling over a potential merger for its space business, but it's not a done deal just yet. The company's CEO, Guillaume Faury, suggested that they're open to partnering up with another firm to strengthen their space sector. This comes after Airbus took a big hit with their satellite business, losing around $980 million in the first half of the year. They've...