Aerospace & Defense

Although satellite services providers Inmarsat and Eutelsat Communications have recently cut sales outlooks, the chief executive of rival SES SA says ample growth opportunities remain for his company.

A high-ranking U.S. defense official said that new threats by Russia to “neutralize” American-backed defensive systems in Europe were misinformed and causing problems between the two powers at a time of heightened tensions.

The U.S. and NATO officially activated a new advanced radar in Romania, a milestone in making a European missile-defense system operational that was immediately denounced by Moscow.

European plane maker Airbus Group wants to become a major player in the fast-growing global drone industry, according to its chief executive, Tom Enders.

For the second month in a row, the aerospace upstart SpaceX landed a rocket on an ocean platform early Friday, this time following the successful launch of a Japanese communications satellite.

GoPro said it swung to a deep loss in the first quarter, spotlighting the uphill battle the action-camera maker faces in broadening its customer base, though sales beat market expectations.

CHC Group, the operator of a helicopter that recently crashed in Norway killing 13 people, has filed for bankruptcy protection. The company is the latest to be caught by the downturn in global energy prices.

In a fresh blow to Rocket Internet SE, one of Germany’s highest-profile Internet companies, a top shareholder is pulling its representatives from the startup developer’s supervisory board.

North Korea failed again in its test launches of a new ballistic missile, South Korea’s Defense Ministry said, a setback for Pyongyang’s efforts to accelerate its weapons development.

Billionaire entrepreneur Elon Musk’s rocket-making company has won its most significant U.S. military contract, bidding 40% less than the Pentagon estimated it would spend sending a satellite into orbit, a senior Air Force official said Thursday.

SpaceX founder Elon Musk disclosed plans to send an unmanned capsule to Mars, perhaps as soon as 2018, revealing the first details of his long-term vision for a private enterprise to colonize the red planet.

Boeing Co. delivered a lower profit for the first quarter and revealed more costly stumbles with its newest military aircraft.

Rocket Internet, a high-flier on the European tech scene, slashed the valuation of one of its biggest portfolio companies, Global Fashion Group, highlighting the widespread uncertainty around tech startups.

Australia selected French military shipbuilder DCNS to build a $38.6 billion submarine fleet meant to counter an undersea arms race among nations in the Asia-Pacific region.

Lockheed Martin opens the defense sector season before the market open on Tuesday. A beat on earnings and raised full-year guidance is widely expected by analysts.

North Korea appeared to have tested the missile off its east coast, Pyongyang’s latest attempt to bolster its military capabilities against the U.S. and its Asian allies.

GE engines powering as many as 150 Boeing 787 jets world-wide are susceptible to sudden in-flight shutdowns due to internal ice accumulation, prompting U.S. regulators to order swift fixes to eliminate the danger.

The Federal Aviation Administration’s approval is the latest sign of how quickly U.S. regulators are moving to authorize expanded uses of unmanned aircraft.

Japan has been virtually eliminated from a multibillion-dollar contest to supply Australia’s navy with new submarines, with German or French competitors now favored to win the contract.