CHICAGO, — Boeing (NYSE: BA) today announced its plans to reveal the exciting future of air and space travel at the 2018 Farnborough International Airshow, which takes place July 16-22. From hypersonic travel to the future of autonomous flight to manned space flight, Boeing will visually present the innovations that will revolutionize the way humans […]
WASHINGTON, Boeing (NYSE: BA) today announced details for $54 million in grants and philanthropic sponsorships to nonprofits in the U.S. and around the globe. As part of the company’s pledge to invest in local communities following the enactment of the tax reform legislation, the investments include new or accelerated partnerships with organizations that improve STEM […]
American Airlines and Qantas have filed an application with the U.S. Department of Transportation (DOT) seeking approval to form a joint business to better serve customers flying between North America and Australia and New Zealand.rnrnThe proposed joint business will significantly improve service, stimulate demand and unlock more than $300 million annually in consumer benefits that […]
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 […]
PFĂ„FFIKON 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 […]
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