Northrop Grumman Corp , maker of Global Hawk drones, said it could buy back up to an additional $4 billion worth of shares as part of a new buyback authorization.
Based on Wednesday's close of $170.96, Northrop could buy back up to roughly 12.5 percent of its outstanding shares.
The company had said in July it was on track to complete a previously announced 60 million share repurchase program by the end of the year.
ExecuJet MRO Services Australia successfully completed a major 20-year scheduled airframe inspection on an Indonesian-registered Embraer Legacy 600 at its Sydney facility, further demonstrating t...
KlasJet has achieved a significant milestone by obtaining Part 129 Operations Specifications (OpSpecs) approval from the FAA, paving the way for the company's expansion into the U.S. market. As pa...
Embraer and Japan Airlines have strengthened their long-standing collaboration through a new multi-year agreement under Embraer’s Pool Program, ensuring continued maintenance, repair, and spare-...
Confidence in Asia's business aviation market is on the rise, according to new research commissioned by Airbus Corporate Jets (ACJ). Industry experts expect demand for business aircraft to grow st...
