Archer Aviation (NYSE:ACHR) Gains 11% Following Boeing Deal, Locks in $200 Million Revenue

Archer Aviation Inc. has entered into a deal to purchase three subsidiaries from Boeing Co.. The transaction adds autonomous aircraft, defense drones, and airspace software to Archer's lineup. Archer’s near-term revenue projections are also affected by this acquisition.

Boeing 747-8F: FAA order points to a tight freighter market, not just inspection costs

Boeing 747-8F: FAA order points to a tight freighter market, not just inspection costs

The U.S. FAA is calling for checks on some Boeing Co 747-8F freighters, asking airlines to look for cracks in fuselage stringers and splice fittings. It’s a limited safety order, but shows how four-engine passenger jumbos are on their way out, even as large nose-loading freighters stay in demand. This directive covers 11 planes registered in the U.S. and flagged by Boeing’s alert bulletin, and kicks in Aug. 6.