Boeing $BA gained 8.03% to $233.49 after the FAA granted an amended type certificate for the 737-7 and BNP Paribas upgraded the stock by two notches. The regulatory approval clears another 737 MAX variant for commercial service after years of delay.
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RSS FeedArcher Aviation closed up 19.59% at $5.31 after Anduril and Archer unveiled Thunder, a Group 5 autonomous attack rotorcraft. The move meets the single-stock Tier-1 threshold because it cleared 8% and was tied to a named company release.
MDA Space (MDA.TO) agreed to buy Blue Canyon Technologies from RTX Raytheon for $620M in cash. Yahoo Finance carried the Reuters report on June 19; MDA shares were quoted 6.29% higher after the announcement.
Boeing $BA reported a $0.20 adjusted Q1 loss, narrower than the $0.83 loss expected by LSEG, while revenue rose 14% to $22.22B and beat the $21.78B estimate.
Cohere and Saab have signed an MOU aimed at bringing advanced AI into GlobalEye and other secure aerospace workflows. The initial scope includes data-driven mission support, maintenance tools, and on-premises information processing in secure environments.