The Latest Breaking News from Aerospace

General Electric stock has crushed the S&P 500 year-to-date, and gained 88% in the last 52 weeks. As the company prepares to spin off its renewable energy business, is it too late to buy the breakout in GE?

Despite the decline in industrial production, the industrial-machinery sector is well-positioned for long term growth thanks to the government’s push to boost domestic manufacturing, adoption of advanced technologies, and investments to overhaul infrastructure. To that end, it could be wise to buy fundamentally strong industrial stocks Honeywell International (HON), Howmet…

Although the interest-rate hikes by the Fed are expected to come to an end, market gyrations are expected to continue in what’s expected to be yet another muted quarter. In such a situation, it could be wise for investors to hold on to Microsoft (MSFT), load up on General Electric…

While General Electric (GE) has impressed with its overall performance in the last reported quarter, its challenges on a few fronts merit a closer look at the stock. Read on….

Debris from a Chinese rocket is set to crash to Earth some time over the next few days, with the potential for wreckage to land across a wide swathe of the globe.

Increased global military spending and Biden's commitment to supporting Ukraine in the fight against Russia should benefit the aerospace & defense industry. Therefore, outperforming aerospace and defense stocks, L3Harris (LHX), Lockheed Martin (LMT), Northrop Grumman (NOC), Elbit Systems (ESLT), and General Dynamics (GD), could be solid investments.

General Dynamics Corp (NYSE:GD) reported first-quarter FY22 revenue of $9.4 billion, flat year-over-year, beating the consensus of $9 billion. Sales by segments: Aerospace $1.90 billion (+0.8% Y/Y), Marine Systems $2.65 billion (+6.8% Y/Y), Combat Systems $1.68 billion (-8% Y/Y) and Technologies $3.16 billion (-1.1% Y/Y). EPS increased by 5.2% Y/Y to $2.61, beating…

L3Harris shows rising price performance, earning an upgrade to its IBD Relative Strength Rating from 80 to 87.

Astronics Corp (NASDAQ:ATRO) reported Q4 preliminary revenue of $116 million (+1.1% year-over-year) and preliminary bookings of $177 million (+52.6% Y/Y) for a book-to-bill of 1.5. The Q4 revenue included $99 million from the Aerospace segment and $17 million from the Test segment. Bookings for the Aerospace segment were ~$147 million, nearly…