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Saab Receives Order for Two Additional Firefighting Aircraft

WIL BALDWIN January 31, 2021

The Swedish Civil Contingencies Agency (MSB) has exercised an option in their contract with Saab regarding aerial firefighting capability in Sweden. Saab will provide two additional aircraft with associated crew. The order from March 2020…

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Boeing Reports Fourth-Quarter Results

WIL BALDWIN January 27, 2021

Fourth Quarter 2020 Financial results significantly impacted by COVID-19, 737 MAX grounding, and commercial widebody programs777X program recorded $6.5 billion pre-tax charge; first delivery expected in late 2023737 MAX began receiving regulatory approval to resume operations and…

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Sikorsky-Boeing Reveals Advanced Assault Helicopter Design to Revolutionize U.S. Army Capability

WIL BALDWIN January 25, 2021

Sikorsky, a Lockheed Martin Company (NYSE: LMT), and Boeing (NYSE: BA) today released details of its advanced helicopter for the U.S. Army’s Future Long Range Assault Aircraft competition, known as FLRAA. The aircraft, named DEFIANT…

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U.S. Air Force Awards Boeing Additional $2.1 Billion Contract for 15 More KC-46A Tankers

WIL BALDWIN January 21, 2021

The U.S. Air Force on Wednesday awarded Boeing [NYSE: BA] a $2.1 billion contract for 15 KC-46A tankers, expanding its fleet of aircraft that will not only set the standard for aerial refueling but will…

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Saab Receives Norwegian Order for Carl-Gustaf M4

WIL BALDWIN January 15, 2021

The Norwegian Armed Forces has signed a framework agreement with Saab for the Carl-Gustaf M4. Saab has received an initial order for Carl-Gustaf M4 weapons with deliveries in 2021. The recently signed framework agreement allows…

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Boeing Awarded Contract for 12 More KC-46 Tankers

WIL BALDWIN January 14, 2021

This week the U.S. Air Force awarded Boeing [NYSE: BA] a $1.7 billion contract for 12 KC-46A tanker aircraft. With this sixth production lot, Boeing is now on contract for 79 KC-46A tankers. The company…

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Saab Receives Follow-on Contract for GlobalEye

WIL BALDWIN January 4, 2021

Saab has today received a follow on contract with the United Arab Emirates regarding the sale of two GlobalEye systems, Saab’s advanced airborne surveillance system. The order value is USD 1.018 billion and the contract…

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Lockheed Martin Inks $4.4B Deal to Acquire Aerojet Rocketdyne

WIL BALDWIN December 20, 2020

From Reuters News - Reporting by Mike Stone in Washington, D.C., Editing by Greg Roumeliotis Dec 20 (Reuters) - Lockheed Martin Corp (NYSE: LMT) said on Sunday that it has agreed acquire U.S. rocket engine…

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Embraer Delivers Fourth C-390 Millennium Airlifter to Brazilian Air Force

WIL BALDWIN December 20, 2020

Embraer delivered the fourth C-390 Millennium multi-mission medium airlifter of a total of 28 units to the Brazilian Air Force (FAB). Like the three units already in operation, the fourth airlifter will be operated by…

Boeing Awarded U.S. Navy Contract for New Zealand P-8 Training

WIL BALDWIN December 15, 2020

The U.S. Navy recently awarded Boeing [NYSA: BA] a Foreign Military Sales (FMS) contract, valued at $109 million, to provide P-8A Poseidon training for the Royal New Zealand Air Force (RNZAF). A suite of training…