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Tag: Aerospace and Defense

  • Boeing 737 MAX 9 Issue Isn’t Going Away Soon. What to Know Before Buying the Stock.

    Boeing 737 MAX 9 Issue Isn’t Going Away Soon. What to Know Before Buying the Stock.

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    As Boeing stock enters its second week of volatile trading following the 737 MAX 9 accident, and it’s still not quite clear whether its shares have been punished enough—or if there is more pain ahead.

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  • Virgin Galactic to Cut Jobs as Interest Rates Bite

    Virgin Galactic to Cut Jobs as Interest Rates Bite

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    Virgin Galactic said it would cut jobs and expenses to focus on producing its lower-cost Delta spaceships.

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  • Boeing Stock Drops. This Nagging Problem Is Growing.

    Boeing Stock Drops. This Nagging Problem Is Growing.

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    A persistent 737 MAX problem for is growing, which sent the stock lower in early trading Friday.

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  • Bank of America, Morgan Stanley, Lockheed, Masimo, Novartis, and More Stock Market Movers

    Bank of America, Morgan Stanley, Lockheed, Masimo, Novartis, and More Stock Market Movers

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  • Emerging Technologies That Enable Department of the Air Force-Wide Capabilities

    Emerging Technologies That Enable Department of the Air Force-Wide Capabilities

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    Catalyst Accelerator Ogden and the Department of the Air Force hosted a Demonstration Day where seven small businesses presented their novel technologies focused on Unified Certification Strategy and digital models.

    On May 24, 2023, seven companies concluded their three-month Catalyst Accelerator Ogden (CAO) journey with a Demonstration Day hosted in partnership with the Department of the Air Force (DAF) Digital Transformation Office (DTO). This event brought together over 90 subject matter experts, including industry leaders, the Department of Defense, Air Force, and other Government personnel. 

    Demo Day was the culmination of the OGdenny Cohort’s Accelerator program and was sponsored by Field Aerospace. This event was the final product of the cohort’s diligence, the re-imagining of their technology, and the shifting of their business model to fit the new potential customer—the U.S. Government. After hearing from Hill Air Force Base and the DAF DTO at the beginning of the event, each cohort company delivered a brief pitch on their technology followed by a collaborative pitch (video) detailing how each company’s technology supports the DAF need. Attendees had the opportunity to connect with the small businesses individually, and the evening concluded with a prize drawing supported by the local community (City of Ogden, Visit Ogden, The LAB Arcade Bar, Field Aerospace, Weber State University, Biscuit & Hogs).

    The OGdenny Cohort was the 2nd Accelerator facilitated by CAO. The cohort companies were selected from a pool of applicants for their technology and business readiness and their technologies’ ability to enable DAF-wide capabilities. The cohort focused on how their novel technologies can streamline the ingestions, digestion, and analysis of digital models to streamline U.S. Air Force certification processes. 

    The cohort began their Accelerator experience on March 7, 2023. Over the course of the Accelerator, the companies were guided by the following subject matter experts: Government Sherpas and end-users, enabling them to better understand Government needs; business experts, helping them pivot their technology and corporate posture to position themselves well in the Government market; and Commercial Sherpas (BAE Systems, Beast Code, Field Aerospace, Origin Legal, Weber State University, UT Advisory), helping them step into the Government arena with advice, consulting, and key contact introductions within the Government and Commercial sectors. 

    Cohort companies included:

    About Catalyst Accelerator Ogden

    The CAO is a collaborative program hosted by Catalyst Campus for Technology and Innovation (CCTI, a Colorado 501(c)3) in partnership with the DTO to provide a robust, mentor-driven curriculum for companies. It is a defense and national security industry accelerator in Ogden, Utah. CCTI builds collaborative ecosystems where industry, small businesses, entrepreneurs, startups, government, academia, and investors intersect with Utah’s aerospace and defense industry to create community, spark innovation, and stimulate business growth. 

    Source: Catalyst Accelerator Ogden

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  • Alibaba, Dice, Arcellx, Avis, PayPal, and More Stock Market Movers

    Alibaba, Dice, Arcellx, Avis, PayPal, and More Stock Market Movers

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  • Boeing Stock Likes the Paris Air Show. There Is a Catch.

    Boeing Stock Likes the Paris Air Show. There Is a Catch.

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    Boeing Stock Usually Wins From the Paris Air Show. This Is the Catch.

    Investors who are buying into the post-Covid recovery of commercial aerospace will get an important update about the industry, including the hot issues of sustainability and supply-chain snags, when the Paris Air Show kicks off on Monday.

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  • Virgin Galactic Stock Jumps as First Commercial Spaceflight Announced

    Virgin Galactic Stock Jumps as First Commercial Spaceflight Announced

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    Virgin Galactic


    shares were up more than 40% in premarket trading Friday after the company announced its first commercial flight into space. 


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  • GE CFO Leaving Because Soon There Will Be No GE

    GE CFO Leaving Because Soon There Will Be No GE

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    General Electric


    is getting a new finance chief. Given what’s coming at the company, it makes sense.


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  • Lockheed Earnings Are Coming. Expect a Sales Miss.

    Lockheed Earnings Are Coming. Expect a Sales Miss.

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    Defense spending is on the rise around the globe. That’s good for Lockheed Martin’s business, but investors should still brace for a sales “miss” when the company reports first-quarter earnings on Tuesday morning.

    Wall Street is looking for per-share earnings of $6.05 from $15 billion in sales. A year ago,


    Lockheed


    (ticker: LMT) reported per-share earnings of $6.44 from sales of just under $15 billion.

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  • Boeing Faces New 737 MAX Test After Deliveries Halted. The Stock Is Falling.

    Boeing Faces New 737 MAX Test After Deliveries Halted. The Stock Is Falling.

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    It isn’t what investors want to hear.



    Boeing


    (ticker: BA) has run into a new problem with its 737 MAX jet. The issue will test investors nerves in coming weeks, and raise more questions about the company’s ability to increase production in 2023.

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  • JPMorgan, Wells Fargo, Boeing, Lucid, and More Stock Market Movers

    JPMorgan, Wells Fargo, Boeing, Lucid, and More Stock Market Movers

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  • AMC, Virgin Orbit, Marathon Oil, Walmart, and More Stock Market Movers

    AMC, Virgin Orbit, Marathon Oil, Walmart, and More Stock Market Movers

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    Stock futures fluctuated Tuesday following a mixed session on Wall Street that saw the


    Dow Jones Industrial Average


    and


    S&P 500


    rise after a spike in oil prices.

    These stocks were poised to make moves Tuesday:

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  • Cash Is the Focus as Boeing Reports Its Earnings

    Cash Is the Focus as Boeing Reports Its Earnings

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    Boeing


    has reported positive free cash flow in only one quarter in more than three years. Whether the company generated more than it burned through in the three months through September, and how much it will produce in coming quarters, holds the key to the stock’s next move.

    Wednesday morning, B


    oeing


    (ticker: BA) is due to report third-quarter numbers. Wall Street is looking for earnings of about 10 cents a share from $17.8 billion in sales, a significant improvement from the second quarter, when


    Boeing


     reported an adjusted loss of 37 cents a share from sales of $16.7 billion.

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