Northrop Grumman Corp , maker of Global Hawk drones, said it could buy back up to an additional $4 billion worth of shares as part of a new buyback authorization.
Based on Wednesday's close of $170.96, Northrop could buy back up to roughly 12.5 percent of its outstanding shares.
The company had said in July it was on track to complete a previously announced 60 million share repurchase program by the end of the year.
Airbus and MTU Aero Engines intend to deepen their collaboration by establishing a joint venture dedicated to the development and commercialisation of a fully electric hydrogen fuel cell engine. This...
General Atomics AeroTec Systems will showcase the brand-new Do228 NXT Demonstrator aircraft at the Farnborough International Airshow (July 20–24, 2026) in Great Britain, marking the aircraft'...
Rolls-Royce Pearl 700 engines successfully powered the first flight of the Gulfstream G800 using 100% Sustainable Aviation Fuel. The flight was part of Gulfstream Aerospace’s high-altitude fligh...
FlyBy Aviation Academy announced two graduation ceremonies held during the month of June, marking the finish line for a combined total of 33 new pilots, as well as the start of a new ATPL cl...
