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European Commission Clears Alstom’s acquisition of Bombardier Transportation

WIL BALDWIN August 3, 2020

Alstom and Bombardier welcome the European Commission’s (EC) decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on the proposed engagements that consist…

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Boeing Announces Second-Quarter Deliveries

WIL BALDWIN July 14, 2020

The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2020. "Our commercial airplane deliveries in the second quarter reflect the significant impacts of…

DHL to Cut 2,200 UK Workers at Jaguar Land Rover Factories

WIL BALDWIN July 7, 2020

(Reuters) - German logistics company DHL plans to cut as many as 2,200 jobs of U.K-based workers at Jaguar Land Rover factories, the Unite trade union said on Tuesday. The job cuts comprise just under…

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Airbus Transforms A330’s into Multi Role Tanker Transports

WIL BALDWIN July 7, 2020

Having earned its reputation as the new-generation aerial tanker of choice for military services worldwide, Airbus’ A330 Multi Role Tanker Transports (MRTT's) are now being outfitted for their multi-mission duties in an optimised industrial process…

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Bell Boeing Delivers 400th V-22 Osprey Tiltrotor Aircraft

WIL BALDWIN June 13, 2020

The Bell Boeing [NYSE:BA] V-22 team recently delivered its 400th aircraft, a CV-22 for U.S. Air Force Special Operations Command. The first production V-22 was delivered on May 24, 1999, and today deliveries occur under the Multi-year…

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Agreement Between Alstom & Snam for Development of Hydrogen Trains in Italy

WIL BALDWIN June 5, 2020

Alstom, a global leader in integrated solutions for sustainable mobility, and Snam, one of the world’s leading energy infrastructure companies, have signed a five-year agreement to develop hydrogen trains in Italy. The agreement, after the…

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Safran Shares Lifted by Boeing 737 MAX Restart Plan

WIL BALDWIN May 28, 2020

Outbreak of the coronavirus disease (COVID-19) in Renton, Washington PARIS (Reuters) - Safran <SAF.PA> shares rose on Thursday after Boeing <BA.N> said it would restart production of its 737 MAX jet and announced further cost-cutting…

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Boeing Resumes 737 MAX Production

WIL BALDWIN May 28, 2020

Production system enhanced through factory initiatives Boeing [NYSE: BA] has resumed production of the 737 MAX at the company’s Renton, Washington factory. The 737 program began building airplanes at a low rate as it implements…

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Panasonic to Resume New York Tesla Production Wednesday

WIL BALDWIN May 20, 2020

Panasonic Corporation (OTC: PCRFY) is looking to restart production at Tesla Inc.'s (NASDAQ: TSLA) New York manufacturing plant on Wednesday, the Verge reported Tuesday. What Happened The Japanese electronics giant will spend the first two days performing equipment checks, and standard manufacturing…

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Boeing Awarded $3.1 Billion in U.S. Navy Cruise Missile Contracts

WIL BALDWIN May 14, 2020

The U.S. Navy has awarded Boeing [NYSE: BA] a combined $3.1 billion in contracts for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM ER) weapon systems in support of Foreign Military Sales (FMS). About…