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Defense

Defense contractors, aerospace primes, shipbuilders, intelligence vendors, and companies tied to national security spending.

U.S. Army deal ties up $54B in Patriot missiles, underscoring demand for stacked air defenses
The Apex Times

THE APEX TIMES

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Boeing BA ties up three aviation units in an equity-style deal with Archer, per market reports
The Apex Times

THE APEX TIMES

Business / The Apex Times

Boeing BA ties up three aviation units in an equity-style deal with Archer, per market reports

Boeing is reportedly transferring Wisk Aero, SkyGrid and Insitu to Archer Aviation in an arrangement that would give Boeing a significant stake in Archer and a governance role, according to a Yahoo Finance report. The move adds clarity to how Boeing plans to monetize parts of its portfolio beyond its core aircraft business.

Aug 10, 9:29 PM EDT
Boeing buys into Archer Aviation, taking a 20% stake as ACHR shares surge
The Apex Times

THE APEX TIMES

Business / The Apex Times

Boeing buys into Archer Aviation, taking a 20% stake as ACHR shares surge

A deal described in market coverage ties Boeing’s investment plans to Archer Aviation’s electric air-taxi efforts, sending Archer’s stock sharply higher. The move underscores how legacy aerospace firms are looking for footholds in the fast-changing eVTOL market.

Aug 10, 8:59 PM EDT