CHICAGO, March 15, 2018 — Boeing [NYSE: BA] announced its investment in Fortem Technologies, Inc., a Salt Lake City, Utah-based company developing advanced radar systems for unmanned and manned aircraft. Fortem Technologies offers airspace awareness solutions using low size, weight and power radar to ensure safe operations of unmanned aerial vehicles. Fortem’s TrueView radar technology […]
PFÄFFIKON SCHWYZ,SWITZERLAND & CHICAGO, Boeing [NYSE: BA], the world’s largest aerospace company, and Oerlikon [SWX: OERL], a leading technology and engineering group, signed a five-year collaboration agreement to develop standard materials and processes for metal-based additive manufacturing. Additive manufacturing, popularly known as 3D printing, is a controlled process in which material is joined or solidified […]
CHICAGO, The Boeing (NYSE: BA) board of directors today declared the company’s quarterly dividend will increase 20 percent to $1.71 per share. The board also replaced the existing share repurchase program with a new $18 billion authorization. “Boeing’s strong and growing cash flow allows us to deepen our commitment to provide competitive returns to our […]
ARLINGTON, Va., – Boeing’s [NYSE: BA] Ground Based Strategic Deterrent (GBSD) program successfully completed its first key review with the U.S. Air Force, validating program technical requirements prior to the design and development phase of America’s next intercontinental ballistic missile system. The November review established the baseline for the GBSD, which will replace the Minuteman […]
DENVER, Nov. 27, 2017 — The U.S. Air Force’s third GPS III satellite in production flow at Lockheed Martin (NYSE: LMT)’s advanced satellite manufacturing facility here is now fully integrated into a complete space vehicle. GPS III Space Vehicle 03 (GPS III SV03) followed the first two GPS III satellites on a streamlined assembly and […]
CHICAGO, — United Airlines (UAL) today announced it will offer customers more opportunities to travel from five of its U.S. hubs to 10 cities in California, Florida, Montana, New York, North Carolina, Oregon and Texas beginning in April 2018. Additionally, the airline announced it will optimize its O’Hare International Airport (ORD) schedule to provide shorter […]
SEATTLE, — Boeing (NYSE: BA) and Avolon, the international aircraft leasing company, today finalized an order for 75 737 MAX airplanes. The confirmed order is for 55 MAX 8s and 20 MAX 10s, with options for 20 additional MAX 8s. The agreement, announced as a memorandum of understanding at the 2017 Paris Air Show, is […]
BERLIN, Nov. 17, 2017 – Boeing [NYSE: BA] and Aircraft Philipp Group GmbH today signed a five-year contract to manufacture machine parts for the global fleet of the H-47 Chinook heavy-lift helicopter at its facilities in Bavaria and Baden-Württemberg. This is the first Boeing contract with Aircraft Philipp Group, which joins Boeing’s significant supplier base […]
DUBAI, United Arab Emirates, Nov. 15, 2017 – Boeing [NYSE:BA] won large commitments across its twin- and single-aisle commercial airplane families, debuted key capabilities including the CST-100 Starliner docking and KC-46 refueling simulators, and announced services agreements at the 2017 Dubai Airshow. “This has been a very successful show for Boeing. Our regional customers have […]
DUBAI, United Arab Emirates, Nov. 13, 2017 — Boeing [NYSE: BA] forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing presented its 2017 Current Market Outlook (CMO) for the region during the Dubai Airshow. “Traffic growth in the Middle East […]
