Tag Archives: aerospace industry

Engine failure forces emergency landing of Russian cargo plane with European satellite

A Russian plane carrying a European commercial satellite was forced to make an emergency landing today when one of its engines failed.

The plane landed safely without mishap. The incident does once again raise questions about the quality control standards within the Russian aerospace industry.

Aerospace defense contractors Boeing, Lockheed Martin, Northrop Grumman, and Raytheon all show better than expected profits despite sequestration.

Chicken Little report: Aerospace defense contractors Boeing, Lockheed Martin, Northrop Grumman, and Raytheon all show better than expected profits despite sequestration.

It seems that each of these companies, finding their profits from defense pork to be relatively flat or dropping slightly, worked harder to sell their other products to other customers, and were generally successful. What a concept!