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Business

Boeing, CDB Aviation finalize order for 737 MAXs, 787 Dreamliners

Posted November 10, 2017 by

Boeing and CDB Aviation Nov. 9 finalized an order for 42 737 MAX 8s, 10 737 MAX 10s and eight 787-9 Dreamliners. The order, valued at $7.4 billion at current list prices, was announced as a Memorandum of Understanding at the 2017 Paris Air Show.

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Lockheed Martin photograph by Skip Robinson
Business

Sikorsky delivers Alaska’s first S-92® search, rescue helicopter

Posted September 30, 2016 by

Lockheed Martin photograph by Skip Robinson The Sikorsky S-92® helicopter will perform the critical mission of search and rescue (SAR) operations for all North Slope Borough residents. NSB is America’s northernmost municipal government, encompassing nearly 95,000 square miles across northern Alaska including eight communities and the Prudhoe Bay oil fields. Sikorsky, a Lockheed Martin Company…

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Business

Navy awards Lockheed contract for Enhanced Laser Guided Training Rounds

Posted April 15, 2016 by

Lockheed Martin has received a $25.8 million contract from the U.S. Navy to produce Enhanced Laser Guided Training Rounds (ELGTR). Under the contract, Lockheed Martin will deliver ELGTRs, as well as refurbish reusable shipping containers and provide associated technical data, extending ELGTR production into late 2018. The award represents the last of four options under…

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Business

NASA wind tunnel tests Lockheed Martin’s X-plane design for quieter supersonic jet

Posted February 27, 2017 by

Supersonic passenger airplanes are another step closer to reality as NASA and Lockheed Martin begin the first high-speed wind tunnel tests for the Quiet Supersonic Technology (QueSST) X-plane preliminary design at NASA’s Glenn Research Center in Cleveland.

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Business

Boeing, Airbus sales of planes to Iran safe for now

Posted October 16, 2017 by David Koenig

President Donald Trump’s decision not to re-impose sanctions against Iran is good news for Boeing and its European rival, Airbus, which can continue doing business with Iranian airlines that are desperate for new planes. Between them, Boeing and Airbus have announced deals with Iranian airlines that, if finalized, could cover nearly 300 planes worth $40…

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Business

Raytheon overhauling Royal Canadian Navy Phalanx Close-In Weapon System

Posted February 21, 2018 by

Raytheon Canada Limited is overhauling and providing in-service support for the Phalanx Close-In Weapon Systems operated by the Royal Canadian Navy.     Raytheon produces Phalanx, a rapid-fire, computer-controlled radar and 20mm gun system that automatically acquires, tracks and destroys enemy threats that have penetrated other ship defense systems. More than 890 systems have been built…

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Business

Korean manufacturers deliver first Global Hawk components

Posted April 29, 2016 by

The partnership between Northrop Grumman and the Korean defense industry achieved another milestone in April with the completion of the first two component orders on the Republic of Korea Global Hawk Program. This spring, Korean Jig and Fixture delivered build-to-print aerospace grade precision machine parts for the first Republic of Korea Global Hawk. This comes…

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Business

Boeing, EVA Airways finalize Taiwan’s largest ever commercial airplane purchase

Posted November 25, 2015 by

Boeing and EVA Airways Nov. 24 finalized a historic order for up to 24 787-10 Dreamliners and two 777-300ER (Extended Range) jetliners. The order, valued at more than $8 billion at current list prices, marks the largest single commercial airplane purchase in Taiwan aviation.

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Business

Boeing celebrates rollout of first 737 MAX 9

Posted March 8, 2017 by

Boeing marked a milestone March 7 as the first 737 MAX 9 made its debut in front of thousands of Boeing employees.

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Business

Boeing to acquire KLX Inc. to enhance services business growth

Posted May 2, 2018 by

Boeing announced May 1 it has entered a definitive agreement to acquire KLX Inc. to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion of net debt, totaling $4.25 billion. Boeing’s acquisition of KLX Inc. will include KLX Inc.’s Aerospace Solutions Group,…

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