Reuters reports that Boeing Co has won two U.S. Army orders worth $668 million for work on AH-64D Apache Block III helicopters for the U.S. military and Taiwan, the Pentagon said on Friday. In a daily digest of major arms contracts, the Defense Department said Boeing had won a firm, fixed-price contract of $486 million for low-rate initial production of 51 remanufactured Apache helicopters in the new configuration. Boeing began work on the orders in [...]
Boeing released impressive earnings this week with a rise in Q1 profit rose 58 percent. Sales of commercial aircraft more than any other side of the business. Bloomberg reports the Chicago company said Wednesday that first-quarter profit soared 58 percent, beating analysts’ expectations, as sales at its commercial airplane division surged. Even its defense business grew, although much more slowly. Boeing delivered 137 commercial airplanes in the quarter, winning bragging rights over European rival Airbus, which [...]
(Reuters) – Boeing Co (BA.N) has pulled ahead of Airbus (EAD.PA) in a race to win an aircraft order potentially worth more than $15 billion at list value with United Continental Holdings (UAL.N), but intense negotiations lie ahead to close a deal that Airbus is unlikely to abandon without a fight, industry sources said. According to Reuters, three sources familiar with the talks said on Monday that Boeing is now seen as the front-runner [...]
EVERETT, Wash., April 17, 2012 /PRNewswire/ – Boeing (NYSE: BA) and All Nippon Airways (ANA) made aviation history today as a 787 Dreamliner flew for the first time powered in part by sustainable biofuels. “The 787 is the most environmentally progressive jetliner flying today, combining fuel efficiency and comfort with reduced carbon emissions,” said Billy Glover, Commercial Airplanes Vice President of Environment and Aviation Policy. The delivery flight between Boeing’s Delivery Center in Everett, Wash. and [...]
Today Southwest celebrated the arrival of a new Boeing 737-800that carries 38 more passengers than earlier 737s — symbolized the growth of an airport that now serves more passengers thanReagan National Airport and might soon surpass the number at Dulles International Airport. Southwest plans to take delivery this year of 33 of the new 737s. The WashingtonPost reports that the need for higher capacity is being driven by growth in the client base at Dulles INternational Airport [...]
