Aerospace
Volvo Aero, Rolls-Royce Sign Deal
July 15, 2008 6:10 am | News | CommentsSweden's Volvo AB said Tuesday its aircraft unit has signed a contract with Rolls-Royce to develop an engine component for the Airbus A350XWB aircraft.
Airbus Expects To Rake In Orders At UK Air Show
July 15, 2008 5:36 am | by Jane Wardell, AP | News | CommentsEuropean plane maker's Chief Salesman John Leahy said he would be disappointed if Airbus doesn't book firm orders for 200 planes this week.
Boeing: 787 Dreamliner Still On Track
July 15, 2008 5:15 am | by Jane Wardell, AP Business Writer | News | CommentsPlane maker scheduled to test fly its 787 jetliner in the fourth quarter of this year and make its first delivery in the third quarter of 2009.
Bombardier Inks Fuselage Deal With Shenyang Aircraft
July 15, 2008 5:00 am | News | CommentsUnder the contract, Chinese state-owned Shenyang Aircraft Corp. will produce the center fuselage for the newly launched CSeries airliner.
Boeing, Airbus Square Off At Farnborough Air Show
July 14, 2008 1:59 pm | by Emma Vandore, AP | News | CommentsWorld's largest air show opened with several new orders for Boeing and aerospace executives upbeat about the future despite high fuel prices and the credit crisis.
BAE, British Defense Ministry Developing Drone
July 14, 2008 7:37 am | by Jane Wardell, AP Business Writer | News | CommentsPropeller-powered vehicle, known as Mantis, was revealed for the first time by BAE at the Farnborough International Airshow outside London.
Bombardier Nixes Missouri, Canada Gets New Plant
July 14, 2008 5:35 am | News | CommentsAfter months of effort and a $240-million incentive package, Missouri officials lost their bid to lure Canadian aircraft giant's multimillion dollar plant to Kansas City.
Pratt & Whitney Agrees To Volvo Deal
July 14, 2008 5:21 am | News | CommentsSweden's Volvo AB has said its aircraft unit has signed a contract to supply components to U.S. aircraft engine manufacturer Pratt & Whitney.
Boeing Gets $3.74B Order From FlyDubai
July 14, 2008 5:15 am | News | CommentsNew airline says they will buy 50 Boeing 737-800 planes worth $3.74 billion at list prices.
GE Wins $190M Aircraft Parts Deal From Bell Boeing
July 14, 2008 5:10 am | News | CommentsBell Boeing, a strategic alliance between Textron and Boeing, selected a unit of General Electric to supply parts for 167 aircraft over the next five years.
Congress Wants Answers To $35B Air Force Deal
July 11, 2008 5:30 am | by Donna Borak, AP Business Writer | News | CommentsLawmakers demanded a detailed explanation of what went wrong with the Air Force’s management of a tanker contract awarded to Northrop and EADS over Boeing.
Boeing Raises 20-Year Market Forecast
July 9, 2008 12:27 pm | by Jessica Mintz, AP Business Writer | News | CommentsPlane maker ups outlook for spending on commercial airplanes by 14 percent, helped in part by an expected 5 percent rise in worldwide air travel and the demand for new, more fuel-efficient planes.
Defense Secretary: Pentagon Will Reopen $35B Tanker Bid
July 9, 2008 10:25 am | by Donna Borak, AP Business Writer | News | CommentsBoeing and Northrop Grumman will submit new offers for a disputed $35 billion Air Force tanker contract, and the Pentagon, not the Air Force, will pick a winner by the end of the year.
Boeing, SkyHook Building 'Blimp'
July 9, 2008 10:11 am | News | CommentsCompanies building a rotorcraft described as a 'blimp on steroids' to haul construction equipment and supplies to remote areas.
Union Offers Concessions To Lure Bombardier
July 9, 2008 5:15 am | News | CommentsWith a decision on Bombardier's new aircraft assembly plant possibly days away, Canadian machinists are trying to counter Missouri's offer of tax incentives with labor concessions.
Lockheed Martin Eliminating Up To 100 Jobs
July 3, 2008 8:10 am | News | CommentsDefense contractor plans to lay off up to 100 workers from its aircraft refurbishing facility in South Carolina.
GE Aviation Buys Walter Engines
July 3, 2008 7:57 am | News | CommentsCzech-based manufacturer of small turboprop engines and machined parts for the aviation industry acquired by General Electric's aviation unit.
Delays Possible After Boeing 787 Section Damaged
July 2, 2008 1:00 pm | by Jessica Mintz, AP Business Writer | News | CommentsKey section of the jetliner was damaged during assembly at a plant in South Carolina, raising the potential for new delays in getting the aircraft off the ground.
Boeing To Pay $3M Fine For License Violations
June 30, 2008 11:25 am | News | CommentsAirplane manufacturer has agreed to pay a $3 million fine for exceeding value limits on the purchases of parts from foreign suppliers for its military products.
Washington May Offer Incentives For Boeing
June 26, 2008 10:36 am | News | CommentsSome Washington lawmakers are already talking about tax breaks and other incentives to encourage Boeing to build the replacement for the 737 in the state.
Waterjet Equipment Maker Gets Airbus Contract
June 26, 2008 8:10 am | News | CommentsFlow International, which makes industrial waterjet machines for cutting and cleaning, received a contract from European aerospace company Airbus.
Airbus Displays New A400M Military Transport Plane
June 26, 2008 5:41 am | News | CommentsHulking, gray aircraft with a black nose and four black propellers is designed to replace Lockheed Martin's aging C-130 Hercules cargo aircraft.
Sec. Gates Becomes Involved In Disputed Tanker Deal
June 25, 2008 12:38 pm | by Donna Borak, AP Business Writer | News | CommentsDefense Secretary pledged direct involvement in moving forward a disputed $35 billion tanker contract after congressional investigators detailed numerous mistakes the Air Force made in awarding the deal.
Boeing Shares At Lowest Point In Over 2 Years
June 25, 2008 10:20 am | News | CommentsCompany’s stock has declined sharply from its all-time high last summer as the price of oil has soared.
Jet Manufacturer Makes Changes To Stop Engine Failure
June 25, 2008 6:30 am | News | CommentsEclipse Aviation, whose very light jet aircraft was harshly criticized for a mechanical problem, said it will upgrade its software to prevent any further engine problems.
