Defence industry
The U.S. Army Space and Missile Defense Command has awarded BAE Systems a two-year contract to provide hardware, software, and systems integration support for the Battlespace Command and Control Center. The company will perform upgrades to mobile training suites and provide systems and network administration support to the Non-Organic
Aerospace industry
The Senate Appropriations Committee (SAC) has increased funding for the F-22A Raptor supersonic stealth fighter aircraft by $1.4 billion, or 85.9%, to $3.38 billion. The committee has also ordered the Air Force to maintain funding for the C-17 transport aircraft in the next Pentagon budget. These decisions
Aerospace industry
InfrAegis, Inc. (Ia(TM)), a security technology and media distribution company, has announced the formation of its Intermediary/OEM Marketing and Sales organization. This new organization aims to market the company's port and border detection systems and iaMedium(TM) through outside corporate entities and defense contractors. The integrated
Airlines
Boeing, the US aircraft maker, has won a significant order from Qantas, the Australian flag carrier, for up to 115 of its mid-sized, long-range 787 Dreamliners. This victory is seen as a major coup for Boeing, with the order potentially worth around $18bn at list prices and before heavy discounts.
Airlines
Boeing has secured a significant deal with Australian airline Qantas, which has ordered 65 of the US firm's 787 Dreamliner jets, with options for a further 50 planes. The deal, valued at up to $9 billion, is likely to propel Boeing ahead of European rival Airbus in the
Aircraft industry
The European Union and the United States are on the brink of a World Trade Organization showdown over aircraft subsidies, as Airbus SAS announced it received "legally binding" government funding pledges for its new A350 jet program. The escalation comes as the company won approval to build the
Aircraft industry
The WTO has maintained that the US's Foreign Sales Corporations (FSC) tax exemptions, designed to promote export trade, violate international trade rules by subsidizing American companies through tax benefits. A September 30 ruling rejected the US's claims that the tax breaks no longer existed, citing loopholes
Aircraft industry
US defence giant Northrop Grumman has ended months of speculation by announcing it will join Franco-German aerospace group EADS in a campaign to sell in-air refuelling tankers to the US air force, a contract that could be worth more than $20bn. The two companies have been in talks for months
Aircraft industry
BAE Systems' chief executive and chairman, Mike Turner and Dick Olver, have dismissed speculation that the company is looking to raise cash by selling its 20% stake in Airbus. In an interview with the Financial Times, they stated that the share is "not for sale" as there
Aerospace industry
Rolls-Royce executives were celebrating a major contract signing with Air China at the Paris Air Show, but the seeds of this deal were sown a decade ago. In the mid-1990s, the company was trailing behind its rivals in the jet engine market and missed the opportunity to produce an engine
Aerospace industry
As global aerospace giants Boeing and Airbus engage in a high-stakes battle at the Paris Air Show, Russia is poised to unveil its own ambitious project: the Russian Regional Jet (RRJ). Developed by Sukhoi and its partners, the RRJ is a family of three aircraft designed to cater to the
Aerospace industry
Senator John McCain (R-Ariz.) has been leading a battle against the Air Force's plans to enter into a $23 billion dollar deal to buy aerial refueling aircraft. After two years of investigation, contrite Pentagon officials apologized to Senator McCain while the Pentagon's chief investigator concluded that
