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On Thursday, Boeing announced an agreement with its five key Japanese suppliers for parts for its new 777X aircraft. Boeing said that about 21% of the parts for the new plane will be made in Japan.
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American Airlines Group Inc.When shares of U.S. Airways closed on their last trading day before the company’s December merger with American Airlines, the final share price was $22.95. When the...
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ThinkstockU.S. airlines’ stocks are taking a beating Thursday afternoon as investors react to the turmoil in Iraq and the related rise in the price of crude oil. WTI crude for July delivery is...
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Iraq is getting out of control, and with no U.S. presence there, the terrorists or insurgents (or whatever you want to call them) are making serious headway to capture cities and disrupt oil exports....
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The Boeing Co.One of Wednesday’s major business stories is the cancellation of an order from Emirates Airline for 70 A350 aircraft from Airbus, a move that will cost the European airplane maker...
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Courtesy EADS/AirbusJust months before the Airbus A350 is scheduled to enter service, Dubai’s Emirates Airline cancelled its entire order for 70 of the planes. An Airbus spokesman said that the...
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The FAA last Friday ordered Boeing to modify the technology included on its current models of the 737 single-aisle, narrow-body passenger jet that has been the company's bread-and-butter product...
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The Department of Defense awarded $409 million in defense contracts Friday. Hewlett Packard won the day's largest award. The company will continue to providing information technology services at...
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In the battle between Airbus and Boeing for dominance in the commercial aircraft space, every skirmish matters. Not only is Boeing taking more orders than Airbus, it is delivering more planes.
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After months of debate, Canada is nearing a decision on whether or not to buy a fleet of Lockheed Martin's F-35 stealth fighters. Investors in the defense company are watching closely.
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It's been nearly three years since America's space shuttle program died. But don't lose heart -- space tech inventor and hi-tech investor Elon Musk has a plan to return American astronauts to space...
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Commercial Aircraft Corp. of China (Comac)Chinese airlines are expected to purchase about 5,000 new planes in the next 20 years, and the country wants to keep some of the estimated $560 billion at...
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The Department of Defense awarded $3.84 billion in defense contracts Thursday, including projects for F-35 fighter jets, X planes, and U.S. Navy ships. The military contractors include Boeing, BAE...
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Lockheed Martin wins three separate Pentagon defense contracts for more than $606 million, including Ballistic Missile Defense System flight tests and work for the U.S. Navy.
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The U.S. Department of Defense awarded 7 contracts on June 4 totaling $194.5 million. The recipients included: Rolls Royce, Lockheed Martin, and Raytheon.
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