Aerospace & Defense

Boeing 737-MAX

Southwest to Delay Delivery of 67 Boeing 737s

Southwest Airlines Co. (NYSE: LUV) will postpone delivery of 67 new 737 MAX-8 airplanes from Boeing Co. (NYSE: BA) until at least 2023. Southwest is Boeing's launch customer for the ...
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United Jet

United Outlines $3.1 Billion Profit Growth Plan

United Continental Holdings Inc. (NYSE: UAL) announced Tuesday morning a plan to boost the airline's profitability by $3.1 billion by 2018. The plan outlined by United calls for a combination ...
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Iranian flag

Boeing Acknowledges Iran Order

Saying that it had signed an order with Iran Air "under authorizations from the U.S. government," Boeing Co. (NYSE: BA) confirmed that the Iranian airline intends to buy planes from ...
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Boeing 747

Boeing Finally Set to Get Firm $4 Billion Order for 747s

At the Paris Air Show last July, Boeing Co. (NYSE: BA) signed a memorandum of understanding with Volga-Dnepr Group, a Russian company that operates cargo carrier AirBridgeCargo Airlines that currently ...
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Boeing 767 FedEx

Boeing Tallies Order for 6 Freighters, Brings Annual Total to 275

In its weekly report on orders and deliveries, Boeing Co. (NYSE: BA) said that it has received six new orders for its 767 from an unidentified customer. That brings total ...
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Boeing logo

Boeing Nears Matching Airbus Deal With Iran

Back in January, Airbus announced an agreement with Iran's flag carrier, Iran Air, for 118 new aircraft at a list price total of around $27 billion. On Tuesday, word got ...
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The Pentagon

SAIC Beats Estimates as Scitor Revenues Top Rising Costs

Science Applications International Corp. (NYSE: SAIC) reported first-quarter 2017 results before markets opened Monday. The defense technology integrator and contractor posted adjusted diluted earnings per share (EPS) of $0.80 on revenues ...
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Air defense missiles

India Becomes Second Largest Defense Importer

The largest defense importer this year was Saudi Arabia. The second was India, which raises the question of why it needs to so many weapons. Saudi Arabia's need is much ...
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KC-46A F/A-18

Boeing Says It Has a Fix for Tanker Refueling Problem

At a conference on Wednesday, Boeing Co. (NYSE: BA) said it has come up with a fix to the refueling problem that has caused a delay in the delivery of ...
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A320neo

Airbus Adds 83 Orders in May

The month of May was kind to European airframe maker Airbus. The company said Tuesday morning that it took 77 orders in May for its A320 single-aisle planes and six orders ...
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Iranian flag

Will a Sale to Iran Be Easier for Boeing Than It Has Been for Airbus?

Back in January, Airbus announced an agreement with Iran's flag carrier, Iran Air, for 118 new aircraft at a list price total of around $27 billion. Because more than 10% ...
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A320neo

Qatar Airways Drops Airbus Order, May Consider Switching to Boeing 737

Qatar Airways, once the launch customer for the new A320neo from Airbus, has now cancelled its first delivery of the plane, citing delays due to problems with the Pratt & ...
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Lockheed T-50

Lockheed Air Force Training Jet Makes First Flight

Just four months after announcing that it had scrapped the idea of developing a clean sheet design for a new training jet for the U.S. Air Force, Lockheed Martin Corp. ...
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Boeing 777-9X

Why a Boeing 777-9X Costs $400 Million

After Boeing Co. (NYSE: BA) released its 2015 price list last July, the most expensive commercial jet the company on that list was the 777-9X, which carries a list price ...
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Airbus A380-800

Airbus Reaffirms Delivery Targets, Changes Accounting for A380

At its annual media briefing Monday in Hamburg, Airbus stuck with its 2016 delivery estimates for its A320neo and A350 aircraft, even though first-quarter deliveries put the company in a ...
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