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Explosion kills 5 at South Korean aerospace plant
Explosion kills 5 at South Korean aerospace plant SEOUL: An explosion at a plant run by South Korean defence firm Hanwha Aerospace killed five people on Monday (Jun 1), local fire authorities said. The explosion was reported to authorities at around 11am local time at Hanwha's plant in Daejeon, about 150km south of Seoul. A representative of the Daejeon Fire Headquarters told AFP that five people died and two others were injured, without providing further details.
Hanwha Aerospace Eyes Germany, UK Arms Deals as Demand Surges
Workers on the assembly line of Hanhwa K9 Howitzer at Hanwha Aerospace Co.'s manufacturing facility in Changwon, South Korea, on Thursday, April 18, 2024. Hanwha Aerospace Co., Korea’s leading defense contractor, has been making ground weapons for almost 50 years, their old-school armored vehicles and munitions are in high demand.
Global Prosperity Summit 2026 maps out Hong Kong’s aerospace potential as city’s first astronaut takes flight
As Hong Kong sent its first astronaut into space, leading industry experts at the Global Prosperity Summit 2026 (GPS 2026) said the city was well positioned to be a facilitator of aerospace development by tapping into emerging opportunities in the aerospace economy and contributing its professional services expertise to this burgeoning field. Just days before it was announced that Hong Kong’s Lai Ka-ying would join the Shenzhou-23 mission to China’s Tiangong space station, experts who spoke...
As Honeywell Aerospace readies for its standalone debut, its CEO is forecasting big growth
SCOTTSDALE, ARIZONA — For Honeywell Aerospace CEO Jim Currier, it's time to show investors what his company can do as a standalone business. "We have a purpose-built management team just solely focused on one strategy, one mission as opposed to disparate missions of a conglomerate," Currier told CNBC at his company's investor day.
Explosion kills 5 at Hanwha Aerospace factory in South Korea
Explosion kills 5 at Hanwha Aerospace factory in South Korea At least two others were injured in a fire following a suspected propellant explosion at the defence giant’s plant in Daejeon The two survivors, including one who was badly burned, had escaped from the facility themselves, a fire official told a briefing. “Authorities have yet to identify the victims because their bodies were severely damaged,” a health official told the same briefing. A fire official said that an explosion had...
Cambridge Aerospace in Talks to Raise at $3.5 Billion Valuation
A Cambridge Aerospace 'Skyhammer' interceptor missile.
Applied Aerospace Shares Rise 3.75% After $650 Million US IPO
Applied Aerospace & Defense Inc. signage during the company's IPO at the New York Stock Exchange on June 3.
Honeywell's aerospace spin approaches key milestone. Plus, the new stock supply problem
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. The S & P 500 initially was on track to snap its eight-session winning streak during the first hour of trading on Tuesday, but stocks staged a slight rally that put both the S & P 500 and Nasdaq on pace to close at record highs. We'll see if that holds through the last few hours of trading.
CERT - Applied Aerospace & Defense, Inc. (0002118195) (Filer)
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