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Boeing Reports Third-Quarter Results

WIL BALDWIN October 28, 2020

- Financial results continue to be significantly impacted by COVID-19 and the 737 MAX grounding - Proactively managing liquidity and transforming for the future - Revenue of $14.1 billion, GAAP loss per share of ($0.79) and core (non-GAAP)*…

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Boeing, U.S. Navy to Demo Future Ramjet Missile Technology

WIL BALDWIN October 20, 2020

- The demonstrator will help the Navy determine technical requirements for future carrier-based weapons systems Boeing [NYSE: BA] and the U.S. Navy will demonstrate advanced missile technologies that will make carrier air wing strike fighters…

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Embraer Delivers Six A-29 Super Tucano to Philippine Air Force

WIL BALDWIN October 15, 2020

All six Super Tucano aircraft ordered by The Philippine Air Force (PAF) have been officially handed over to the Air Force today. The aircraft will be deployed for close air support, light attack, surveillance, air-to-air…

Lockheed Martin to Acquire i3 Hypersonics Portfolio

WIL BALDWIN October 11, 2020

- Acquisition Reinforces Lockheed Martin’s Commitment to Delivering Exceptional Systems to the Warfighter Lockheed Martin [NYSE: LMT] today announced the signing of a definitive agreement to acquire a portion of Integration Innovation Inc. (i3), a…

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SkyWest Enters Into Secured Loan Facility Under CARES Act

WIL BALDWIN September 29, 2020

St. George, Utah, Sept. 29, 2020 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) ("SkyWest") today announced that it and its wholly-owned subsidiary SkyWest Airlines, Inc. have entered into a five-year Loan and Guarantee Agreement with the U.S. Treasury…

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Boeing Partners with General Atomics & Aerojet Rocketdyne in Homeland Missile Defense Bid

WIL BALDWIN September 27, 2020

Boeing [NYSE: BA] is teaming with General Atomics Electromagnetic Systems and Aerojet Rocketdyne [NYSE: AJRD] in its bid to build the Next Generation Interceptor (NGI) for the U.S. Missile Defense Agency (MDA). The NGI is a…

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Boeing, Honeywell and Rolls-Royce Deutschland Partner to Service Chinook Engines

WIL BALDWIN September 19, 2020

Boeing [NYSE: BA], Honeywell Aerospace and Rolls-Royce Deutschland Ltd. have reached an agreement to provide in-service support of the T-55 engine should the government of Germany select the H-47 Chinook for its Schwerer Transporthubschrauber (STH)…

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Leonardo Joins Adelaide’s Lot Fourteen Space Precinct

WIL BALDWIN September 17, 2020

- Partners with SmartSat CRC Leonardo commits to the South Australian space ecosystem establishing a foothold for its space service business - through its subsidiary e-GEOS - in partnership with SmartSat CRC. e-GEOS is a…

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Delta Launches $6.5 Billion Debt Deal Backed by Frequent Flyer Program

WIL BALDWIN September 14, 2020

CHICAGO, Sept 14 (Reuters) - Delta Air Lines said on Monday it is seeking to raise $6.5 billion through new bonds and loans backed by its SkyMiles loyalty program, further bolstering liquidity to weather a…

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Boeing, SRP Sign Renewable Energy Agreement for Mesa Site

WIL BALDWIN September 13, 2020

- Boeing signs 15-year renewable energy agreement with SRPAgreement supports Boeing’s emission reduction goalsSRP solar photovoltaic plant scheduled to open in 2021 Boeing [NYSE: BA] and the Salt River Project (SRP) utility have signed a…