Tag:

Aerospace

Drone maker AEVEX targets $2.35B valuation in US IPO

Private equity-backed AEVEX Aerospace is aiming for a valuation of up to $2.35 billion as it prepares for an initial public offering in the United States, joining a wave of defense-focused companies seeking to tap strong investor demand.

09 Apr 2026-15:55
IRGC says it shot down US AGM-158B cruise missile, hostile drones over Iran - VIDEO

Iran’s Islamic Revolutionary Guard Corps (IRGC) says its air defence units have intercepted and destroyed a US cruise missile in central Iran and shot down two drones over the country’s south.

07 Apr 2026-17:02
SpaceX IPO buzz lifts aerospace shares on spillover bets

Anticipation surrounding a potential stock market debut by SpaceX has triggered a broad rally in aerospace and space-related stocks, as investors bet the listing could boost the entire sector.

01 Apr 2026-23:17
Rolls-Royce seeks UK funding for $4bn engine

Rolls-Royce Holdings is pressing the UK government to commit taxpayer support for the development of its next-generation aircraft engine project worth around £3 billion ($4.05 billion).

23 Feb 2026-09:59
NORAD scrambles jets as Russian planes near Alaska

The North American Aerospace Defense Command (NORAD) said it detected and tracked multiple Russian military aircraft operating near Alaska, prompting a U.S.-Canadian response.

20 Feb 2026-09:29
Türkiye unveils new prototypes of homegrown fighter KAAN

New prototypes of Türkiye’s domestically developed combat aircraft KAAN have been unveiled as part of the ongoing development program led by Turkish Aerospace Industries (TAI).

14 Feb 2026-10:15
GE Aerospace forecasts higher 2026 profit on maintenance boom

GE Aerospace has forecast 2026 profit above market expectations, driven by strong demand for high-margin aftermarket parts and maintenance services as airlines continue to face aircraft supply shortages.

22 Jan 2026-15:35
Teledyne shares jump as Q4 profit beats estimates

Digital imaging and technology company Teledyne Technologies reported fourth-quarter profit and revenue that exceeded Wall Street expectations on Wednesday, driven by strong demand in its aerospace and defense electronics segment.

21 Jan 2026-17:18
Renault partners with Turgis Gaillard on drones

Renault has entered the defence sector through a new partnership with French aerospace company Turgis Gaillard to develop military drones, the carmaker announced on Tuesday.

20 Jan 2026-12:30
What is behind Musk’s 800 billion SpaceX valuation reports?

07 Dec 2025-06:45

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