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.
Air India, SkyDrive and Suzuki Motor Corporation signed a memorandum of understanding to conduct a joint feasibility study on the use of eVTOL aircraft for medical air logistics in India. In...
DC Aviation Al-Futtaim has received its standalone CAR-145 maintenance approval from the San Marino Civil Aviation Authority. The approval allows DCAF to deliver both Line and Base maintenance service...
TAP Air Portugal successfully conducted operational tests of a new lightweight aircraft paint technology capable of reducing the weight of its aircraft by up to 26 kg per plane. This innovation is par...
Airbus Helicopters officially delivered the first NH90 Standard 2 to the French Armament General Directorate. This new variant of the NH90 TTH was designed specifically for special operations. Fr...