Streetbeat News

EADSY

Airbus SE

http://www.airbus.com/

CEO

Guillaume Faury

Industry

Aircraft Manufacturing

Open

38.17

Mkt cap

121B

Volume

32K

High

38.19

P/E Ratio

33.80

52-wk high

46.78

Low

37.95

Div yield

0.02

52-wk low

34.10

Airbus SE has secured a €2.1 billion ($2.27 billion) contract with Germany's Bundeswehr for next-generation military satellites. The contract includes the development, integration, testing, and deployment of two new GEO telecommunications satellites, ground segment enhancements, and 15 years of operational services. The deal highlights Airbus's role in the European space ecosystem and involves several German partners.

Portfolio Pulse from Nabaparna Bhattacharya

July 05, 2024 | 5:40 pm

Cebu Pacific Air has chosen Airbus over Boeing for a record $24 billion deal to purchase 152 single-aisle jets. This decision comes as Boeing faces safety and regulatory challenges, while Airbus strengthens its market position.

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 10:29 am

Portfolio Pulse from Benzinga Neuro

July 02, 2024 | 10:29 am

Airbus SE has signed a binding term sheet with Spirit AeroSystems Holdings Inc for a potential acquisition of key production activities, including A350 fuselage sections and A220 components. The deal includes a $559 million compensation payment to Airbus and aims to stabilize supply chains for Airbus’s commercial aircraft programs. The agreement is part of a broader division of the supplier between Airbus and Boeing Co.

Portfolio Pulse from Shivani Kumaresan

July 01, 2024 | 1:49 pm

Palantir Technologies Inc. (NYSE:PLTR) has entered into a partnership with Voyager Space to integrate AI tools into Voyager's defense and space technology sectors. This collaboration aims to enhance Voyager's defense segment and payload management systems using Palantir's AI platforms. Palantir was also named the exclusive supplier of software data management solutions for the Starlab commercial space station.

Portfolio Pulse from Nabaparna Bhattacharya

June 27, 2024 | 2:10 pm

Airbus SE (OTC:EADSY) has warned of potential aircraft delivery delays through 2026 due to ongoing supply-chain issues. The company will not meet its 2024 delivery targets and has delayed increasing the production rate of the A320 model. This has led to a 3.7% drop in Airbus shares in Paris and a downward revision of earnings and cash flow guidance for the year.

Portfolio Pulse from Shivani Kumaresan

June 27, 2024 | 1:14 pm

Nvidia (NVDA) has bounced off a mini support zone after an 18% drop, with future movements potentially influenced by Micron Technology (MU) earnings. Airbus (EADSY) faces supplier issues, and early trade shows positive money flows in several tech giants. Investors are advised to maintain a protection band strategy.

Portfolio Pulse from The Arora Report

June 25, 2024 | 6:35 pm

Stifel analyst Bert W. Subin discussed Boeing's potential acquisition of Spirit AeroSystems at $35 per share, valuing Spirit at $4.1 billion. The deal could result in a 4% dilution for Boeing. Airbus revised its 2024 earnings lower, impacting Boeing shares. Despite challenges, analysts remain confident in the long-term recovery of commercial aerospace OEMs.

Portfolio Pulse from Lekha Gupta

June 25, 2024 | 5:52 pm

Airbus shares dropped over 10% after the company revised its 2024 targets downward due to supply chain issues and additional costs in its space systems division. The company now expects adjusted earnings before interest and taxes to be around €5.5 billion and forecasts 770 commercial aircraft deliveries for 2024.

Portfolio Pulse from Benzinga Neuro

June 25, 2024 | 9:16 am

Airbus CEO has stated that the supply chain is improving, but the progress is not uniform across all areas.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 5:38 pm

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