The Associated Press is reporting that China plans to set up its own company to make passenger jumbo jets, making it less dependent on Boeing Co. and Europe’s Airbus.
China’s two main aircraft manufacturing and servicing companies were discussing cooperation…
(No Ratings Yet)
Loading ...Boeing defense chief Jim Albaugh this morning told industry analysts that the company is still perplexed about why it lost the coveted aerial refueling tanker contract the Air Force awarded Friday to a team of Northrop Grumman and EADS.
At a…
(2 votes, average: 4.5 out of 5) Loading ...Shares of Boeing Co. (NYSE: BA) fell 2.6 percent today as investors reacted to news that the aeronautics giant had lost on its bid to build a new refueling taker for the Air Force.
The Air Force on Friday announced that it…
(No Ratings Yet) Loading ...In case you’d missed it, the Air Force announced Friday that it will Northrop Grumman and EADS a $35-$40 billion contract to build aerial refueling tankers instead of Boeing.
It was a major upset, but apparently the contest wasn’t even close.
(5 votes, average: 0.2 out of 5) Loading ...The Air Force confirmed that Boeing did lose out on the aerial refueling contract. Read more by clicking here.
EARLIER STORY:
While the Air Force will officially award its $40 billion aerial refueling tanker contract later this afternoon, it appears that the team…
(1 votes, average: 0 out of 5) Loading ...Looks like the wait will continue for the results of the Air Force’s $40 billion aerial refueling tanker contract award, which has been due “any day now” all week.
The day won’t be today, top Air Force weapons buyer Sue…
(No Ratings Yet) Loading ...Late Tuesday, as the entire defense aerospace world waited for word from the Pentagon on the $40 billion aerial refueling tanker contract being hotly contested by Boeing and EADS/Northrop Grumman, one newspaper claimed it knew the victor.
The Malaysia Sun, a…
(No Ratings Yet) Loading ...Boeing Co. will have to wait at least one more day before learning if it has won the coveted $40 billion contract to build aerial refueling tankers for the U.S. Air Force.
While a key board met Monday to decide about the contract…
(No Ratings Yet) Loading ...One of the biggest Air Force acquisition decisions of the decade has been made. But only a select few people know how it turned out. The rest of us just have to wait.
Top Air Force procurement officials met Monday…
(No Ratings Yet) Loading ...Boeing Co. has a new Phantom-in-Chief.
Matthew Ganz will take over as president of its Phantom Works R&D unit, effective Feb. 22, the company said. The St. Louis-based division conducts advanced research into military and commercial projects and attempts to keep…
(No Ratings Yet) Loading ...
