Reviving supersonic passenger flights to harm environment: study

Boeing (BA) Reports Agreement with Novus Aviation Capital for Up to Four 777-300ERs Valued at Approx. $1.44B

Boeing (NYSE: BA) and Dubai-based aircraft lessor, Novus Aviation Capital, announced its first direct agreement with Boeing for up to four 777-300ERs (Extended Range) at the 2018 Farnborough International Airshow.

The commitment carries a list-price value of $1.44 billion and will be reflected on Boeing's Orders and Deliveries website once it is finalized.

"We are delighted to complete a new milestone in our investment strategy and our... More

Lockheed Martin (LMT) & Northrop Grumman Corp. (NOC) Joint Venture, Longbow LLC, Secures $170.5M Contract for Apache AH-64E Fire Control Radar Systems

LONGBOW Limited Liability Company (LLC) and the U.S. Army have definitized contracts valued at $170.5 million to provide LONGBOW Fire Control Radar (FCR) hardware for Apache AH-64E helicopters supporting U.S. Army lots 7 and 8 plus three international customers.

LONGBOW LLC is a joint venture of Lockheed Martin (NYSE: LMT) and Northrop Grumman Corporation (NYSE: NOC).

The... More

Lockheed Martin (LMT) & ThalesRaytheonSystems Announce JV to Provide NATO Alliance with Battlespace Intelligence System

Lockheed Martin (NYSE: LMT) and ThalesRaytheonSystems are joining forces to provide the NATO Alliance with a territorial Ballistic Missile Defence (BMD) command and control capability. This Teaming Agreement, signed in the presence of Raytheon and Thales, the two shareholders of the joint venture, establishes a transatlantic team that combines the depth and breadth of decades of expertise from Lockheed Martin and Raytheon, with the European air command and control capabilities of Thales. The overall team will include industry representatives from across the Alliance to deliver a low risk capability for NATO's Air Command... More

Boeing (BA) Announces Twenty 737 MAX 8 Airplanes Order from Aviation Capital Group Valued at Approx. $2.34B

Boeing (NYSE: BA) and Aviation Capital Group (ACG) today announced an order for 20 737 MAX 8 airplanes at the 2018 Farnborough International Airshow. The order, valued at $2.34 billion at list prices, raises ACG's 737 MAX direct-buy order quantity to 100.

"The 737 MAX is core to our strategic growth plans, as the airplane continues to command strong interest in the marketplace," said Khanh T. Tran, CEO of ACG. "This order expands our diverse portfolio, which includes three 737 MAX variants,... More