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The decision to select Boeing over Lockheed Martin startled Wall Street analysts and left Lockheed officials disappointed.
Boeing said on Tuesday it had ramped up production of a critical component for Patriot air defense interceptor missiles - the seeker that identifies and tracks efforts to knock them down - to meet growing demand from the U.S. and allies.
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-8 MAX aircraft to Air India Express. Featuring CFM International LEAP-1B engines, this is the final aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and Air India Express. ACG specializes in commercial aircraft leasing and aviation finance. In addition to aircraft.
Boeing (BA) is looking to have its guilty plea from last year rescinded or the punishment it will receive because of the plea reduced now that the Trump administration is in place, according to The Wall Street Journal.
BA receives an order to supply up to 60 737 MAX commercial aircraft from Malaysia Aviation Group.
The 'Squawk on the Street' team discusses Boeing reconsidering its guilty plea deal related to Max 737 jet crashes.
Boeing (BA) is looking to have its guilty plea from last year rescinded or the punishment it will receive because of the plea reduced now that the Trump administration is in place, according to The Wall Street Journal.
China's Commerce Minister Wang Wentao met with President of Boeing Global Brendan Nelson on Tuesday, and called on the planemaker to deepen cooperation with China's aviation industry, the commerce ministry said in a statement.
The real clues about the market tend to come when volatility hits the scene, which is what the S&P 500 has demonstrated over the past month. As volatility creates short-term uncertainty and borderline chaos in the market, the real areas of interest for investors and other types of capital start to show themselves across the board.
The contract guarantees a profit for Boeing through the development phase, unlike its past defense deals.