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When Jim McNerney's retirement begins, he stands to collect an annual pension benefit of $3.9 million for the next 15 years. That is a serious pay cut for McNerney.
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The U.S. Air Force wants to retire the A-10, aka the Warthog, and move the maintenance crews to the anointed successor F-35. The GAO is not convinced.
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Beginning in 2016, Boeing plans to cut production of its 747 jet to just one a month. The incoming president said that production rate is still profitable for the company.
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Of the 28 member nations of NATO, only five met the group's target of military spending at 2% of gross domestic product in the current fiscal year.
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Courtesy Boeing Co.Boeing Co. (NYSE: BA) late Tuesday named president and Chief Operating Officer Dennis Muilenburg to replace Jim McNerney as chief executive officer of the company effective July 1....
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The U.S. State Department recently approved two sales of military equipment to Lebanon: Tucano turboprop fighter planes and Hellfire II missiles.
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Although the number of new aircraft orders at last week's Paris Air Show was well short of last year's total at Farnborough, analysts at Canaccord Genuity remain bullish on Boeing.
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Boeing's ecoDemonstrator 757 flew from Seattle to Langley, Va., earlier this week using green diesel fuel provided by Diamond Green Diesel.
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Smith & Wesson reported better-than-expected fiscal fourth-quarter financial results Thursday after the markets closed.
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There was no way that Airbus was going to lose the horse race for the most orders taken at the Paris show. This is the company’s home field.
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Boeing and rival Airbus announced more than 200 new orders -- some firm, some not -- on the first day of the Paris Air Show.
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According to the Federal Procurement Data System, the top 10 federal contractors in fiscal year 2014 raked about half of all dollars awarded.
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Boeing woke up the Paris Air Show crowd Tuesday with an order from aircraft leasing firm AerCap for 100 of the company's new 737 MAX 8s.
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Sikorsky Aircraft/United Technologies Corp.United Technologies Corp. (NYSE: UTX) made it official Monday morning: the industrial giant will “pursue the separation of the Sikorsky Aircraft...
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The Paris Air Show opened Monday morning for industry insiders and press with the expected flurry of new letters of intent and orders that airplane makers have been storing up for just this occasion.
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