Military
Military Articles
Lockheed Martin has announced that it has been awarded a second multiyear contract to deliver 78 C-130J Super Hercules airlifters to various branches of the U.S. government.
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The Airbus and Boeing total of 1,750 net new orders in 2015, more than 1,000 fewer than the 2014 total of 2,888.
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Airbus said Wednesday that the first A320neo will be handed over to Lufthansa by the end of January 2016.
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More than a year ago, Airbus announced that it would collaborate with Aerion, a start-up with plans to build a supersonic business jet, the AS2.
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The commercial aircraft division of Airbus has not received a new order for its double-decked, four-engined superjumbo A380 in more than two years.
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Boeing has added a total of 166 net new orders, bringing its net total for 2015 to 743 passenger jets.
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China Southern Airlines announced Wednesday morning that it had signed an agreement with Airbus to purchase 10 A330-300 airplanes that carry a list price of about $227.4 million each.
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Arizona Senator John McCain had argued long and loud about restricting federal contracts to companies that use Russian-built rocket engines in their launch vehicles.
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Amazon reportedly has been running a trial delivery service out of Wilmington, Ohio. Such a service would put Amazon in direct competition with FedEx and UPS.
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Congress agreed early Friday on a $1.15 trillion federal budget for 2016, and about half the total spending was marked for the Department of Defense.
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Boeing shares, which had bounced higher based on announced commitments and sales worth around $11 billion, fell after a tweet from Delta CEO Richard Anderson.
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On Wednesday, Delta Air Lines said it will acquire 20 Boeing's 737-900ER passenger jets.
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In just the first two days of this week, Boeing has announced a purchase of new 737s, a big boost to its annual dividend and an increase in its share buyback program.
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On Tuesday the Government Accountability Office dismissed Lockheed's protest of the JLTV contract with Oshkosh.
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The latest dividend hike by Boeing should not be a shock that it happened. What should be a surprise is how much Boeing raised its dividend — by a sharp 20%.
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