Boeing Company ( BA ) shares are trading higher on Thursday following the announcement of a significant contract award. The U.S. Army Special Operations Aviation Command (USASOAC) awarded Boeing ( BA ) a $240 million contract on Thursday to remanufacture five MH-47G Block II Chinook helicopters. Deliveries for the aircraft are scheduled to begin in 2027. This contract underscores Boeing’s...

WASHINGTON, March 27 (Reuters) - The U.S. Secret Service and Navy testing of counter-drone technology near Reagan Washington National Airport earlier this month led to numerous flight crews receiving faulty alerts of potentially nearby aircraft on arrival, the Federal Aviation Administration and a senator said. Senate Commerce Committee chair Ted Cruz at a hearing said the March 1 faulty alerts...

PARIS (Reuters) - The European association of automotive suppliers (CLEPA) on Thursday called on policymakers in Europe to prioritise finding solutions over trade barriers after U.S. President Donald Trump announced 25% tariffs on foreign-made vehicles. Tariffs of this scale will disrupt the flow of goods, raise production costs, and ultimately make cars more expensive for consumers, including in the United...

11:22 AM EDT, 03/27/2025 (MT Newswires) -- Ford Motor ( F ) may benefit from the 25% tariff to be imposed by the US on imported light vehicles and some auto parts starting April 3, while General Motors ( GM ) is more exposed to the levy and may need to rebalance production, BofA Securities said in a note Thursday....