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Boeing Secures Over $800M in Middle East Training and Support Contracts

WIL BALDWIN November 11, 2020

- Qatar Emiri Air Force to receive aircrew and maintenance training support for F-15QA aircraft - Comprehensive support includes pre-delivery training and maintenance, and in-country services support Boeing [NYSA: BA] today acknowledged three foreign military…

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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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Boeing Announces Third-Quarter Deliveries

WIL BALDWIN October 13, 2020

The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the third quarter of 2020. "We continue to work closely with our customers around the globe, understanding their…

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French Airbus Workers Sign Key Restructuring Deal

WIL BALDWIN October 12, 2020

FILE PHOTO: The logo of Airbus is pictured at the entrance of the Airbus facility in Bouguenais, near Nantes, France, July 2, 2020. REUTERS/Stephane Mahe/File Photo TOULOUSE, France (Reuters) - Major French unions on Monday…

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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Queensland to Assemble Boeing’s First Australian Designed & Developed Unmanned Aircraft

WIL BALDWIN October 5, 2020

Queensland is poised to take another bold step in aerospace and advanced manufacturing with an historic opportunity to be the final production home for unmanned defence aircraft – the first military aircraft to be designed,…

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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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Cash-Strapped El Al Israel Airlines Raises $148 Million

WIL BALDWIN September 17, 2020

TEL AVIV, Sept 16 (Reuters) - Cash-strapped El Al Israel Airlines raised $148 million in a government-mandated share offering on Wednesday that will enable it to receive a state bailout package. In a regulatory filing…

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KiwiRail Supports Prisoner Reintegration with Railway Jobs

WIL BALDWIN September 7, 2020

A Northland programme to help prisoners rejoin society by building their skills and confidence through rail work is an exciting new initiative which will benefit the community, KiwiRail Group Chief Executive Greg Miller says. Regional…