Today: 21 July 2026
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Aerospace 23 May 2026 - 18 July 2026

Mortgage Rates Fall, Then Flinch: The 6% Catch Homebuyers Can’t Ignore

Mortgage Rates Fall, Then Flinch: The 6% Catch Homebuyers Can’t Ignore

U.S. mortgage rates gave homebuyers only a thin opening on Thursday, with Freddie Mac’s latest weekly benchmark at a seven-week low while daily rate screens still sat in the mid-6% range. Zillow listed current 30-year fixed mortgage rates at 6.625% on July 9, while Freddie Mac’s most recent weekly survey put the 30-year average at 6.43% as of July 2, down from 6.49% a week earlier.
9 July 2026
Elbit shares rally 11.5% after Germany SkyStriker drone order

Elbit shares rally 11.5% after Germany SkyStriker drone order

Elbit Systems and Diehl Defence are working together to pitch the SkyStriker loitering munition to the German Armed Forces, after agreeing a strategic partnership at ILA Berlin. The deal would see production and support in Germany if the system is selected, the companies said. Diehl added that the agreement also involves local manufacturing, assembly, integration and qualification work in Germany.
Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View

Honeywell Edges Up With Aerospace Spin-Off and Automation Plans in View

Honeywell International Inc. shares gained this week as traders watched for updates on the company’s post-breakup path and the coming spin of Honeywell Aerospace. HON finished Friday at $220.31, up 0.54%. Volume was about 4.66 million shares, with a market cap around $139.6 billion. The price move was small by the end of the day, but Honeywell’s status as a Dow component meant the stock lent support to the Dow’s session advance, since the price-weighted index moves with changes in big-name shares, according to MarketWatch.
13 June 2026
SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

Space and satellite stocks in the U.S. pulled back hard to close out the week, with a selloff following SpaceX’s public trading debut. The IPO had sparked a rally earlier, but traders jumped to take profits after SpaceX started trading. SpaceX’s IPO was priced at $135 a share, selling 555,555,555 shares. Shares traded at $160.95, up 19% from the IPO price, according to latest market data. SpaceX’s public market debut sets a new valuation benchmark for other launch, satellite broadband, and space-infrastructure stocks.
GE’s Air Force Engine Win Draws Attention to Drone Push

GE’s Air Force Engine Win Draws Attention to Drone Push

GE Aerospace picked up a U.S. Air Force contract for its GE426 engine, pushing the company deeper into the fight to supply engines for autonomous combat planes expected to operate alongside crewed aircraft. The deal funds a preliminary design review, which is an early technical step before moving to pricier prototyping and trials, part of the Air Force’s medium-thrust Autonomous Collaborative Platform program.
Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar

Firefly Aerospace Stock Rockets 15% As SpaceX IPO Buzz Puts FLY Back On Traders’ Radar

Firefly Aerospace Inc. shares closed 15.5% higher at $49.50 on Friday and ended the week up about 22%, as investors bought publicly traded space names after fresh SpaceX news pulled attention back to the sector. The move came on heavy volume for FLY and put the stock above its August IPO price.
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