Airbus has landed $23.5 billionof potential orders, at list prices, in the opening skirmishes at the Paris Air Show, giving the European plane maker an early lead in its annual dogfight with U.S. rival Boeing.
United Technologies Corp.’s Pratt & Whitney unit and its subcontractors will pay the entire cost of grounding the Pentagon’s F-35B fighters in January because of a propulsion-system flaw, the unit’s top official said.
The U.S. Armed Services Committee approved a $625 billion defense authorization measure for the fiscal year that begins Oct. 1, matching the amount requested by President Barack Obama’s administration.
Air Force veteran Michelle Linn worries that her two boys will lose access to an autism treatment center because UnitedHealth has been slow to pay the provider.
The biggest aerospace event of the year takes off in Paris this week with the two sectors that make up the industry in different moods.
Lockkheed Martin has said it has sufficient time to more than double production of the F-35 Joint Strike Fighter when needed, with higher building rates allowing cost reductions of about 30 percent.
Raytheon said its Patriot technology is enjoying renewed demand that may help the world’s largest missile maker double its customer base for the air defense system.
Boeing is in talks with several potential buyers for its KC-46A aerial refueling tanker as it aims to make the aircraft available for export one year ahead of its 2018 target.
Fokker Technologies Holdings BV, the Dutch aerospace company supplying parts to the Airbus SAS A350 long-range jet, is exploring an initial public offering or sale to another investor as higher demand boosts profitability.
Boeing defended the use of traditional aluminum for the fuselage of its upgraded 777 twin-aisle jet as Airbus SAS’s A-350, a competing model made chiefly of composite plastic, takes the spotlight at the Paris Air Show.
U.S. Defense Secretary Chuck Hagel approved a request from Jordan for a detachment of F-16 aircraft and Patriot missiles to remain in Jordan next week after the end of an annual military exercise called Eager Lion, according to a statement from Pentagon spokesperson George Little.
The U.S. House of Representatives passed legislation that would award Purple Heart medals to victims of the shootings at Fort Hood, Texas, a move the Pentagon says could disrupt the alleged shooter’s trial.
The billion-euro Herschel space telescope has been switched off. June 17, controllers emptied the satellite’s fuel tanks and commanded the observatory to sever all communications.
A graveyard of previously unseen Thunderbird-style inventions, designed by British engineers in the 1960s, has been brought to life as sketches and animations by a U.K. defense firm. The forgotten designs were unearthed in BAE Systems’ archives and include a hypersonic space-plane capable of travelling at five times the speed of sound, a jeep that leaps over enemy blockades and a commercial aircraft able to take off and land vertically from city centers.
With most NATO troops expected to leave Afghanistan by the end of 2014, the Afghans are learning how to fight the Taliban without relying on the biggest advantage NATO brings to the table: close-air support.