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AeroTimeStephen Pope

UPS to invest more than $2 billion in air hubs and healthcare logistics as Amazon volumes fall

UPS is redirecting more than $2 billion toward global air-hub infrastructure and healthcare logistics after sharply reducing lower-margin Amazon package volume. The shift signals a strategic move toward higher-value, more specialized freight as the integrator reshapes its network and customer mix.

2026-08-24T14:20:20.871952-07:00
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Reuters

Boeing awarded contract with ceiling value of $131.2 billion for F-15 program

By Reuters: The U.S. Department of War on Monday awarded Boeing a $131.23 ​billion indefinite-delivery/indefinite-quantity (IDIQ) contract to support ‌the F-15 Eagle Crest program, which oversees the F-15 fighter aircraft fleet.

2026-08-24T15:35:14.396613-07:00
ReutersCourtney Rozen

Trump bought shares in Elon Musk's SpaceX in June, financial disclosure shows

By Reuters: U.S. President Donald Trump invested as much as $50,000 in Elon Musk's SpaceX in June, ​according to a public financial disclosure, giving him a financial stake in a ‌major government contractor run by his former adviser.

2026-08-24T12:05:49.008793-07:00
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SpaceNews.comSandra Erwin

Lux Aeterna takes reusable satellite pitch to the Pentagon

By SpaceNews.com: Lux Aeterna, a startup developing satellites designed to return from orbit and fly again, is turning to the United States military market, pitching reusable spacecraft as a way for the Space Force to deploy, recover and redeploy orbital assets.

2026-08-24T13:25:48.241957-07:00
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FlightGlobalDavid Kaminski-Morrow

Logistics entrepreneur and Lufthansa investor Kuehne passes away

By FlightGlobal: Veteran figurehead of Kuehne + Nagel International was also significant shareholder of German airline group. German logistics entrepreneur Klaus-Michael Kuehne, the largest shareholder in Lufthansa Group, has passed away at the age of 89.

2026-08-24T13:04:59.868737-07:00
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Reuters

California Orange County DA announces $100 million for 50,000 evacuated residents in GKN incident

By Reuters: A district attorney in California ​said on Monday his office has concluded a ‌criminal probe into a GKN Aerospace factory and announced a claims program of up to $100 million for more ​than 50,000 nearby residents who left their homes ​in May due to a chemical incident ⁠at the plant.

2026-08-24T14:05:19.089224-07:00