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Aerospace and defense industry

End of 5-Year Deal: UPS Drivers to Earn an Average of $170,000 in Pay and Benefits

by Adrian Jhonsan
End of 5-Year Deal: UPS Drivers to Earn an Average of 0,000 in Pay and Benefits

A UPS driver pulls away after making a delivery in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images UPS‘ CEO said drivers will average $170,000 in pay and benefits …

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Categories World

Q2 Earnings Report for Rocket Lab (RKLB)

by Adrian Jhonsan
Q2 Earnings Report for Rocket Lab (RKLB)

Rocket Lab on Tuesday reported second-quarter results that largely met Wall Street’s expectations, and the company said it added contracts for 10 more launches in 2023 and 2024. “The second …

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Categories World

Analysts are divided over Palantir’s AI aspirations as a bull and bear present their arguments.

by Ev Richard
Analysts are divided over Palantir’s AI aspirations as a bull and bear present their arguments.

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. Aaron M. Sprecher …

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Categories Technology

March set as new target for Boeing Starliner’s inaugural crewed spaceflight

by Craig Fedirighi
March set as new target for Boeing Starliner’s inaugural crewed spaceflight

Boeing’s Starliner spacecraft is seen before docking with the International Space Station on May 20, 2022 during the uncrewed OFT-2 mission. Boeing Boeing said Monday it aims to be ready …

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Categories Business

Q2 Earnings Report of Space Company Redwire (RDW)

by Craig Fedirighi
Q2 Earnings Report of Space Company Redwire (RDW)

A Redwire Corporation banner is displayed at the New York Stock Exchange, Sept. 8, 2021. Source: NYSE Space infrastructure company Redwire said Monday that it nearly erased its net losses …

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Categories Business

Astra announces workforce reductions, borrows funds to prioritize spacecraft engine development

by Craig Fedirighi
Astra announces workforce reductions, borrows funds to prioritize spacecraft engine development

An Astra Spacecraft Engine during testing. Astra Struggling space company Astra is cutting 25% of its workforce, the company announced on Friday, and restructuring to focus more on its spacecraft …

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Categories Business

Growing Overseas Interest Pushes South Korean Defense Stocks to New Highs

by Adrian Jhonsan
Growing Overseas Interest Pushes South Korean Defense Stocks to New Highs

In this handout image released by the South Korean Defense Ministry via Dong-A Daily, a missile is fired during a joint training between the United States and South Korea on …

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Categories World

International travel soars as domestic airfares and hotel rates fall behind

by Monica Lozano
International travel soars as domestic airfares and hotel rates fall behind

Women holding ice cream pose for a photo at Trevi fountain in Rome, Italy during a heat wave in Europe on July 19, 2022. The competition for travel dollars is …

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Categories Travel

Virgin Galactic (SPCE) Q2 2023 Financial Results Unveiled: Insights into Company’s Earnings

by Craig Fedirighi
Virgin Galactic (SPCE) Q2 2023 Financial Results Unveiled: Insights into Company’s Earnings

VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., …

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Categories Business

Planet PL Implements Restructuring Plan, Resulting in Approximately 10% Staff Reduction

by Craig Fedirighi
Planet PL Implements Restructuring Plan, Resulting in Approximately 10% Staff Reduction

Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City. Spencer Platt | Getty Images Satellite-imagery and data-analysis company Planet …

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Categories Business
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