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"The aerospace division of the world's number two truck maker Volvo is being acquired by GKN, the British engineering group, for 633 million pounds ($986 million). The move is designed to boost the capacity and range of GKN's engine component portfolio."

"Bankrupt aircraft maker Hawker Beechcraft Inc said it was in exclusive talks with a Chinese aerospace firm Superior Aviation Beijing over a sale of the company for $1.79 billion."

"Alcoa Inc reported second-quarter earnings and revenue that beat analysts' estimates after an increase in orders from the auto and aerospace industries."

"Although, Alcoa posted a second-quarter loss from a year-ago profit, mainly because of high charges and weak aluminum prices, it backed its forecast for high global demand later in the year after an increase in orders from the auto and aerospace industries."