[ad_1]
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.
Source link
[ad_1]
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.
[ad_1]
Virgin Galactic said it would cut jobs and expenses to focus on producing its lower-cost Delta spaceships.
[ad_1]
A persistent 737 MAX problem for is growing, which sent the stock lower in early trading Friday.

[ad_1]
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.
OGDEN, Utah, June 21, 2023 (Newswire.com)
–
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
[ad_2]
[ad_1]
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.
https://www.barrons.com/articles/virgin-galactic-stock-price-space-flight-d6f730d1
Virgin Galactic
shares were up more than 40% in premarket trading Friday after the company announced its first commercial flight into space.
[ad_2]
[ad_1]
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com.
https://www.barrons.com/articles/ge-cfo-leaving-b68a692
General Electric
is getting a new finance chief. Given what’s coming at the company, it makes sense.
[ad_2]
[ad_1]
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.
[ad_2]
[ad_1]
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:
[ad_2]
[ad_1]
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.
[ad_2]