Obtained defense award for
aerospace company in a week - long arbitration involving discrimination, harassment, and retaliation claims.
Musk founded
the aerospace company in 2002 in order «to revolutionize space technology, with the ultimate goal of enabling people to live on other planets,» according to the company website.
The commercial business segment has been the biggest growth area for many
aerospace companies in particular, says Sacknoff.
Eight years ago, there were only two
aerospace companies in the region, employing about 700 people.
Not exact matches
May 1 - Plane maker Boeing Co said on Tuesday it would buy
aerospace parts
company KLX Inc for about $ 3.2 billion
in cash to expand its aircraft services business.
Since then, she's invested
in about 50
companies, including 23andMe, XCOR
Aerospace, Space Adventures / Zero G, Omada Health, Icon Aircraft, Coastal Aviation Software and Airship Ventures.
Instead, they'll raise prices for U.S.
companies that purchase imported steel used
in aerospace and medical equipment, petroleum refining gear, heavy machinery, construction materials, and consumer products from soup cans to baby carriages.
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial
aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the
Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Areas where positions are available: The
aerospace and defense
company is hiring across its global network
in areas such as engineering, advanced manufacturing, engine assembly, field service, program management, quality and supply chain management.
While delays are common
in the
aerospace industry, the «magnitude» of the pressure is «heightened» for Bombardier due to the
company's investment
in the CSeries program, wrote Spracklin.
Even with an anti-trade President, from
aerospace to consumer goods, Canadian
companies can still find plenty of trade partners
in the United States
Chuck Atkinson, president of transportation District 140 of the International Association of Machinists and
Aerospace Workers, the
company's largest union, described Rovinescu's pay
in a letter to the president as «a personal insult and a slap
in the face to all our members.»
One of the
company's recent bets on innovation came
in the form of its acquisition of Aurora Flight Sciences, a leader
in autonomous systems and
aerospace platforms.
The prime contractors will be Boeing Military Aircraft
Company in Ridley Park, Pennsylvania, and Honeywell
Aerospace in Phoenix.
The
aerospace company says the launch vehicle, the first of its kind for SpaceX, is the most powerful rocket
in the world today.
In December 2015, SpaceX did something no commercial
aerospace company had done before: It launched a satellite into orbit aboard a Falcon 9 rocket, then safely landed the rocket's lower half, called a first - stage booster, on a launchpad.
Martin Ross, another of the paper's authors, who works at the
Aerospace Corp.
in El Segundo, Calif., explains that hybrid motors favoured by space tourism
companies are safer, cheaper to run, and quicker to refuel than the liquid or solid rocket boosters that have dominated rocketry thus far.
While most
aerospace companies will see growth
in the future, some
companies are better positioned than others.
The CSeries poses no threat to the U.S.
aerospace industry because building it at the Airbus factory
in Alabama would create U.S. jobs and generate billions of dollars
in business for U.S.
aerospace companies, Bombardier said.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand
in construction and
in both the commercial and defense segments of the
aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8)
company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes
in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate, including the effect of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates
in the near term and beyond; (16) the effect of changes
in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined
company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined
company, to retain and hire key personnel.
«It is possible that the acquisition of COL is the first step
in separating UTX into two entities: a Commercial Operation and a Defense and
Aerospace Group,» Howard Rubel, equity analyst at Jefferies, said
in a note last week as speculation about a deal being struck by the two
companies increased.
He says he was «happy» to negotiate with the French
company rather than Boeing, the American
aerospace giant that could have been Bombardier's partner
in the C Series.
The
company's
aerospace group has about $ 2 billion tied up
in development projects, mostly on the CSeries and Learjet lines, says Stonecap Securities analyst Scott Rattee.
Spirit AeroSystems Holdings is an
aerospace and defense
company located
in Wichita, Kan..
The
aerospace giant has been
in deal talks with Brazil's Embraer, the maker of smaller regional jets, the
companies said this week.
Bigelow first started his space
company, Bigelow
Aerospace,
in 1999 to develop habitats for use as research labs for corporations and countries without space programs, housing for missions to Mars, or even as hotels for tourists on the final frontier.
Once considered largely an
aerospace and defense manufacturer, Boeing (ba) is now unquestionably a tech
company in its own right, says Ian Mortimer, comanager of the top - performing Guinness Atkinson Global Innovators Fund.
In partnership with Boeing, the automotive interiors
company announced joint venture Adient
Aerospace, which will develop, manufacture and sell seating to airlines and aircraft leasing
companies.
The big aluminum maker is always the first
company to report
in earnings season, and gives insight on everything from automotive, commercial construction and
aerospace.
The manufacturing
company operates
in the Industrial,
Aerospace and Climate and Industrial Control business, creating motion and control - related products for its customers.
Founded
in 1916, the Boeing
Company is now an
aerospace and defense juggernaut that is America's largest industrial exporter.
The $ 65 billion
aerospace and defense conglomerate General Dynamics is adding another
company into its fold with the $ 9.6 billion acquisition of CSRA, the
companies announced
in February.
It also bought Swedish
company Arcam, which specializes
in metal - based 3D printing, selling mainly to the
aerospace and healthcare industries, for a total of $ 685 million.
The business plan: Short - sell stock
in aerospace firm Skyfleet, then drive down its share price by bombing the
company's prototype aircraft.
The
aerospace company, founded by billionaire tech mogul Elon Musk, has pulled off 16 rocket launches
in 2017.
The
company gets 70 % of its $ 10 billion
in revenue from the
aerospace industry, as airlines have ramped up demand for fuel - efficient jets.
To prepare for this shift
in 3D printing, one that will see more
companies using additive manufacturing, especially with metals, to manufacture end - use parts,
companies are staffing up, training new workers, and buying more 3D printing machines, SDM's report shows that 73 % of the 700 respondents to SDM's survey said their
companies plan to increase their
in - house production of additively manufactured parts, a trend more pronounced
in the
aerospace and medical industries.
One of the big reasons this is a buy is that the
company sells its metals to businesses
in growing industrial sectors, such as
aerospace and automotive.
«Unfortunately, the Commerce Department decision is divorced from this reality and ignores long - standing business practices
in the
aerospace industry, including launch pricing and the financing of multibillion dollar aircraft programs,» the
company said
in a statement.
Companies in the space have printed
aerospace parts, industrial manufacturing equipment, and even human organs.
Analyst Josh Sullivan at Sterne Agee CRT said that while Alcoa's value - added businesses gained ground
in the
aerospace and automotive markets during the third quarter, declines
in premiums and alumina pricing keeps him cautious on the
company, and prompted him to cut his 2015 EPS estimate this week to 71 cents from 83 cents and his 2016 outlook to 72 cents from 90 cents.
In return for the incentives, companies were supposed to «maintain and grow» aerospace jobs in the stat
In return for the incentives,
companies were supposed to «maintain and grow»
aerospace jobs
in the stat
in the state.
Kleinfled said he sees growth accelerating
in aerospace, where the
company just expanded with three investments, and automotive, where the
company has done two expansions.
Orbital Sciences Corp. and Alliant Techsystems Inc. said Tuesday that they plan to merge
in a $ 5 billion deal, creating a new
aerospace and defense
company called Orbital ATK Inc. that will employ 4,000 people
in Maryland and Northern Virginia.The top...
American
aerospace company SpaceX is going to launch the Falcon Heavy
in January.
Canadian cleantech
companies outnumber those
in both the
aerospace and automotive industries, and employ more people than the forestry, pharmaceutical or medical device sectors.
Lockheed Martin's interest
in a San Diego start - up shows how big
aerospace companies are pushing the drone revolution out to sea.
His coverage includes
companies operating
in the railroad, airline,
aerospace, trucking and logistics segments of the North American transportation industry.
Haiyin Capital also invested an undisclosed amount
in XCOR
Aerospace, a Mojave, Calif., commercial space - travel
company that makes spacecraft and engines and has worked with NASA.
That same year, Bezos announced his investment
in Blue Origin, a Seattle - based
aerospace company that develops technologies to offer space travel to paying customers.