Military
Military Articles
United Continental announced Tuesday morning a plan to boost the airline's profitability by $3.1 billion by 2018.
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Saying that it had signed an order with Iran Air "under authorizations from the U.S. government," Boeing confirmed that the Iranian airline intends to buy planes from the U.S. maker.
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While passenger airlines were booking strong profits in 2015 due primarily to low fuel costs, cargo carriers had a tougher time.
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In its weekly report on orders and deliveries, Boeing said that it has received six new orders for its 767 from an unidentified customer.
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Back in January, Airbus announced an agreement with Iran's flag carrier, Iran Air, for 118 new aircraft. A similar deal between Iran Air and Boeing is expected to be announced shortly.
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SAIC reported better-than-expected first-quarter 2017 results before markets opened Monday morning, due in part to its Scitor acquisition.
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The largest defense importer this year was Saudi Arabia. The second was India, which raises the question of why it needs to so many weapons.
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At a conference on Wednesday, Boeing said it has come up with a fix to the refueling problem that has caused a delay in the delivery of the new KC-46A tanker for the U.S. Air Force.
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The first quarter was truly awful for Airbus, but the European airframe maker said Tuesday morning that it delivered 57 planes in May.
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Reuters reported Monday that some industry sources expect Boeing to strike a deal with Iran Air "fairly soon" for 100 new Boeing jets.
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Qatar Airways, once the launch customer for the new A320neo from Airbus, has now cancelled its first delivery of the plane.
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Lockheed Martin and its partner, Korea Aerospace Industries, have successfully completed the first test flight of a modified KAI T-50 training jet.
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With fuel prices at current lows, there is less incentive for the airlines to take delivery of new, more fuel-efficient models. Lease extensions remain very strong, and that is not expected to change...
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At its annual media briefing Monday in Hamburg, Airbus stuck with its 2016 delivery estimates for its A320neo and A350 aircraft, even though first-quarter deliveries put the company in a pretty large...
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For the first quarter of 2016, the worst performing stock in the Dow Jones Industrial Index was Boeing Co. (NYSE: BA), down 12.2%. In the first two months of the second quarter, the shares have come...
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