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11/22/2017

Southwest Airlines reported third-quarter revenues of $5.3 billion, a 2.5% gain over the same period in 2016.

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Market Realist
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Southwest Airlines
11/22/2017

Sen. Thad Cochran, R-Miss., chairman of the Senate Appropriations Committee, is suggesting a $650.7 billion defense bill in the next fiscal year. The plan features a base of $581.3 billion, emergency funding of $4.5 billion for missile defense and $64.9 billion for Overseas Contingency Operations.

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Defense News
11/22/2017

The Saudi Rotorcraft Support Co., created by Boeing, Saudia Aerospace Engineering Industries and Alsalam Aircraft Co., will likely be selected to perform maintenance work on Saudi Arabia's Apache helicopter fleet, the joint venture said.

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Defense News
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Boeing
11/22/2017

Lockheed Martin is zeroing in on an $80 million price point for the F-35 Lightning II Joint Strike Fighter A-model during negotiations, according to a source. The current target is below projections established in 2014.

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Lockheed Martin
11/22/2017

Turkey will declare its selection for a technology partner to develop the engine for its TF-X fighter jet in January. Turkish Aerospace Industries is the premier contractor for the jet program and will seek foreign technology as the basis for an engine that will eventually be built in Turkey.

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Defense News
11/22/2017

The Federal Aviation Administration and European Aviation Safety Agency have awarded type certifications to the Airbus A350-1000. Qatar Airways is the model's first customer.

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AIN Online
11/22/2017

Some industry experts believe the 2018 National Defense Authorization Act is laying the groundwork for a future Space Corps by increasing responsibilities of the Air Force Space Command. The bill also requires plans to "establish a separate military department" for space.

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Defense News
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Air Force Space Command, NDAA
11/22/2017

Results-oriented SpaceX, coming off of a record launch year in 2017, plans to increase its launch pace by 50% in 2018. The company "will probably level out at about that rate, 30 to 40 per year," SpaceX President and COO Gwynne Shotwell said.

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SpaceX, Gwynne Shotwell
11/22/2017

Former Raytheon executive Mark Esper has been sworn in as the secretary of the Army. "[T]he readiness and welfare of our soldiers, civilians and their families will always be foremost in my mind," Esper said.

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Defense News
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Mark Esper, Army, Raytheon
11/22/2017

United Airlines is adding 10 new routes from its five hubs, including service to two cities not currently on its schedules: Elmira, N.Y., and Wilmington, N.C.

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USA Today
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United Airlines