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Business

Boeing, Tata announce aerospace joint venture in India

Posted November 9, 2015 by

Boeing photograph Tata Advanced Systems Chairman S. Ramadorai (third from left) and Tom Bell, senior vice president, Global Sales & Marketing, Boeing Defense, Space & Security (second from right) sign the agreement to create a joint venture. Boeing International President Marc Allen (second from left), Boeing India President Pratyush Kumar (left) and Tata Advanced Systems…

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Business

Boeing, Qatar Airways sign letter of intent for five 777 freighters

Posted April 11, 2018 by

Boeing photograph His Excellency Mr. Al Baker, Qatar Airways Group CEO and Kevin McAllister, president & CEO, Boeing Commercial Airplanes sign a Memorandum of Understanding for five Boeing 777 Freighters in the presence of the Qatari Minister of Finance and Qatar Airways Chairman His Excellency Mr. Ali Sharif Al Emadi (left) and Sheikh Meshal Bin…

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Business

Boeing posts rare quarterly loss, mulls phasing out 747

Posted July 29, 2016 by Scott Mayerowitz

Boeing, absorbing billions in write-downs related to two of its newest commercial jets and a military fuel tanker, reported its first quarterly loss in nearly seven years. Yet revenue for the Chicago aerospace giant rose 1 percent to $24.8 billion, and company shares rose steadily before the opening bell Julyi 27. Charges totaling $3 billion…

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Sikorsky begins CH-53 King Stallion deliveries to Marine Corps

Posted May 18, 2018 by

Sikorsky, a Lockheed Martin company, delivered the first CH-53 King Stallion helicopter to the U.S. Marine Corps May 16. The aircraft is the first of an expected 200 helicopters for the Marine Corps' fleet.

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Business

Lockheed Martin wins $60 million in contracts for ballistic missile reentry system sustainment

Posted December 16, 2016 by

Lockheed Martin won a new contract and extended a second contract to sustain and modernize the U.S. Air Force’s intercontinental ballistic missile reentry systems. The company won a competition in June to produce seven units of reentry field support equipment and four sets of additional support equipment for the Air Force’s Minuteman III ICBM system….

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Boeing, SpiceJet announce deal for up to 205 airplanes

Posted January 13, 2017 by

Boeing and SpiceJet announced Jan. 13 a commitment for up to 205 airplanes during an event in New Delhi. Booked at the end of 2016, the announcement includes 100 new 737 MAX 8s, SpiceJet’s current order for 42 MAXs, 13 additional 737 MAXs which were previously attributed to an unidentified customer on Boeing’s Orders &…

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Business

Lockheed Martin provides Finnish Defence Forces with airborne surveillance system

Posted February 12, 2018 by

A vigilant “Dragon Shield” airborne surveillance system developed by Lockheed Martin for the Finnish Defence Forces has achieved final operational capability. The milestone was achieved after the final flight test of the system, which evaluated compliance of the aircraft to civilian and military airworthiness requirements as well as system requirements verification. “Working in unison with…

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Boeing, Vietjet finalize Vietnam’s largest ever commercial airplane purchase

Posted May 25, 2016 by

VietJet Aviation Joint Stock Company and Boeing have finalized an order for 100 737 MAX 200 airplanes, the largest ever single commercial airplane purchase in Vietnam aviation. His Excellency Mr. Tran Dai Quang, President of the Socialist Republic of Vietnam, and U.S. President Barack Obama, witnessed the historic agreement, valued at approximately $11.3 billion at…

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Business

Lockheed Martin-led team launches future USS Billings

Posted July 3, 2017 by

The Lockheed Martin-led industry team launched the 15th Littoral Combat Ship (LCS) into the Menominee River at the Fincantieri Marinette Marine shipyard on July 1. Ship sponsor Sharla D. Tester christened LCS 15, the future USS Billings, in Navy tradition by breaking a champagne bottle across the ship’s bow just prior to the launch. “As…

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Boeing, Air India celebrate airline’s 125th delivery

Posted October 13, 2017 by

Boeing and Air India Oct. 11 celebrated the delivery of the airline’s 125th airplane from Boeing. The airplane is the 27th 787-8 Dreamliner for the national carrier. “Boeing airplanes are, and always have been, the foundation of Air India’s fleet, providing us with the very best in economics, fuel efficiency, flexibility and passenger comfort,” said Rajiv…

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