The CEOs of the world's two largest defense contractors met with President-elect Trump on Wednesday and, while first reports of the meetings were pretty ordinary, Trump decided to raise the stakes late…
Airbus Group SE announced Thursday that it has signed a firm contract with Iranian flag carrier Iran Air for 100 aircraft. The order includes 46 A320 family, 38 A330 family and 16…
Paul Ausick Boeing has held its first test flight of its proposed new T-X training jet for the U.S. Air Force. The most remarkable thing about the flight is that it occurred just one…
The holidays are a particularly cruel time to lay off people, or to tell them they will be laid off soon. That has not stopped a number of companies from doing so.
Boeing let slip that it would almost certainly reduce staff at its commercial airline division next year. Layoffs announced, or signaled, just before the holidays are particularly cruel.
Douglas A. McIntyre Any day now the U.S. Air Force is expected to release the final version of its request for proposal (RFP) to build a new training jet to replace the decades old T-38.…
On Sunday at a press conference in Tehran, Iran Air's CEO said it will cut its order to a total of 100 Airbus planes and eliminate all A380s.
Paul Ausick The Office of the U.S. Trade Representative (USTR) on Friday officially filed an appeal with the World Trade Organization (WTO) regarding the international organization’s November ruling that certain tax incentives offered by…
Paul Ausick CEO Ginni Rometty has been aggressive in trying to ally herself with Donald Trump. One of Trump's signature issues is to keep U.S. companies from exporting jobs.
Boeing has announced that it will raise its dividend by 30% and cut production of its current model 777 to five per month.
Paul Ausick Shares of Lockheed Martin traded down nearly 3% in Monday's premarket after Donald Trump called the F-35 Joint Strike Fighter program "out of control."
Boeing will sell more than $16 billion worth of planes to Iran in a deal that it says will create 100,000 jobs. Can it possibly know that number?
Douglas A. McIntyre Iran’s official news agency, IRNA, said this morning that the Islamic Republic has signed an agreement with The Boeing Co. (NYSE: BA) to purchase 80 aircraft valued at around $16.6 billion. The…
Paul Ausick The Boeing Dreamliner 787-10 is expected to make its first test flight sometime next year, and the first customer delivery (to Singapore Airlines) is scheduled for 2018.
Paul Ausick Under a continuing resolution due for a vote this week, the Department of Defense will receive enough funds to pay for full-rate production of the new Boeing-built Air Force KC-46A tanker.
