Boeing says a manufacturing problem has caused hairline cracks in the wings of some 787 Dreamliner jets, requiring inspections of 42 aircraft and delaying the delivery of planes to airlines, reports CNBC's Phil Lebeau.» Read More
WASHINGTON, March 7- Top Airbus executives on Friday said they still hoped to expand the company's share of the shrinking U.S. defense market but did not see a large U.S. acquisition target in the near-term.
The cracks have not been found on in-service planes and therefore posed no flight risk, and the problem will not alter Boeing's plans to deliver 110 787 s this year, the Chicago- based aerospace and defense giant said. However, Boeing said the cracks could delay by a few weeks the date when airlines can take delivery of their new planes.
WASHINGTON, March 6- The U.S. Navy plans to add 22 Boeing electronic attack jets to a list of "unfunded" priorities requested by Congress, but the document must still be vetted by senior Pentagon officials, who have underscored their commitment to Lockheed Martin Corp's next-generation F-35 fighter jet, sources familiar with the matter told Reuters.
Boeing said it expects to take a $110 million non-cash charge in the first quarter for the pension change. Boeing said the defined-contribution plans allow it to "better predict and manage financial risks."
NEW YORK, March 6- Boeing Co said on Thursday it will end pension plans for 68,000 non-union employees, including its chief executive. Boeing said it expects to take $110 million non-cash charge in the first quarter for the pension change.
March 6- Boeing Co said on Thursday it will end pension plans for 68,000 non-union employees, including its chief executive.
CNBC's Phil LeBeau reports Boeing is going to end pension plans for non-union employees starting in 2016.
While there has been much talk of large-screen smartphones, another trend has begun to emerge: secure phones that ensure your privacy.
BEIJING, March 6- China's Juneyao Group, the parent of Juneyao Airlines, is in talks with planemaker Boeing and Airbus about acquiring more than 20 more planes, its chairman said on Thursday.
BEIJING, March 6- China's Juneyao Group, which operates an airline based in the eastern city of Shanghai, is in talks with planemakers Boeing and Airbus to order more than 20 planes, its chairman said on Thursday. The chairman, Wang Junjin, said the planes would be used for a budget carrier Juneyao plans to set up in the near future.
WASHINGTON, March 4- The U.S. Air Force decided on Tuesday to start work on a new rescue helicopter by United Technologies Corp's Sikorsky Aircraft in fiscal 2015, a surprising turnaround hours after the Pentagon told Congress the program had been postponed.
WASHINGTON, March 4- The U.S. Missile Defense Agency is evaluating a range of options for redesigning the current Raytheon Co "kill vehicle" on its ground-based missile defense interceptors, and may opt for a competition, the agency's director said on Tuesday.
Proposed military budget cuts proposed by the Pentagon last week may be far from what Congress finally agrees on.
WASHINGTON, March 3- Washington is weighing an array of economic weapons to penalise Russia for its armed intervention in Ukraine, from asset freezes to expelling Moscow from the G8 group of states, but may find Europe more reluctant to resort quickly to sanctions.
WASHINGTON, March 3- The United States has a number of economic weapons to punish Russia for its military intervention in Ukraine, ranging from asset freezes to kicking Moscow out of the exclusive G8 group of countries, and President Barack Obama is focusing first on measures that would not require congressional action.
Chicago- based Boeing said another 778 jets would be affected if aviation regulators outside the United States adopt the FAA proposal. Boeing said in an email to Reuters that the FAA's proposed rule would order actions the company had previously recommended to airlines. A Boeing spokesman said he did not have any information on how much the changes could cost.
The U.S. military's human footprint is shrinking, but its robotic fighting force is on the rise, transforming the battlefield in air, land and sea.
But booming sales of aircraft, far from being a bonanza for suppliers, are spurring brutal competition between Airbus Group NV and Boeing Co, which are demanding better deals from the companies that make billions of parts the factories need.
U.S. aviation regulators plan to propose improving cockpit automation to help prevent pilot errors that have caused fatal airline crashes.
*Cbank's interventions to prop up rouble seen at $10 billion. *Slide follows Putin's declaration of right to invade Ukraine.