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Boeing Co


  • WASHINGTON, May 15- The U.S. Air Force on Friday said it is assessing what data rights it has to the Atlas 5 rocket built by United Launch Alliance after some companies expressed interest in swapping the rocket's Russian-built engine with a homegrown one. Assistant Air Force Secretary William LaPlante welcomed the initiative and said the government could also...

  • May 15- Delta Air Lines Inc said on Friday that Amtrak customers whose tickets were canceled because of Tuesday's train crash in Philadelphia can fly between New York and Boston or Washington for free on Delta's shuttle service for the next four days. The Atlanta- based airline is adding seats along the Eastern Seaboard in response to the crash by flying more...

  • WASHINGTON, May 15- United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, on Friday said it was cutting its executive ranks by 30 percent in December through what it called voluntary departures by 12 executives. ULA, formed by the two largest U.S. weapons makers in 2006, has long been the sole company able to launch U.S. military and...

  • WASHINGTON, May 15- United Launch Alliance, a joint venture of Lockheed Martin Corp and Boeing Co, on Friday said 12 executives would leave the company in December under a voluntary layoff, a 30- percent reduction in executive ranks. Tory Bruno, chief executive of the venture, told Reuters in an emailed statement the layoffs were part of ULA's ongoing efforts to...

  • WASHINGTON, May 15- The U.S. Air Force's acquisition chief said on Friday he expects the Air Force to announce the winner of a hard-fought competition to build a new long-range strike bomber in one to two months. Northrop Grumman Corp, maker of the B-2 bomber, is competing against a team of Boeing Co and Lockheed Martin Corp to build 80 to 100 new LRS-B aircraft for the...

  • ATLANTA— Delta Air Lines CEO Richard Anderson leans back in his chair, smiles and explains why he's so happy. With a healthy balance sheet, Anderson, who just turned 60, is now focusing on a fight with government-backed Middle East airlines, building long-term partnerships with other international carriers and improving the onboard experience for passengers.

  • Bill Gates backs high-tech foods for the masses Thursday, 14 May 2015 | 10:00 AM ET
    food laboratory

    Food-tech companies are creating meat and dairy substitutes to meet global food demand. Will consumers have an appetite for these products?

  • China may delay maiden flight of homegrown jet Wednesday, 13 May 2015 | 8:43 PM ET

    The maiden flight of China's homegrown commercial jet, the Comac C919, is behind schedule and delivery may be delayed as much as two years, sources said.

  • May 13- Southwest Airlines Co's board of directors on Wednesday raised the company's quarterly dividend and authorized a new $1.5 billion share buyback program, according to a news release. Southwest estimated the new dividend payments will amount to $200 million annually, based on shares outstanding on May 11. Southwest returned almost $1.1 billion to...

  • NEW YORK, May 12- Citing steady demand from airlines, Boeing Co said on Tuesday it is capable of raising 737 jetliner output by 43 percent to 60 a month, as it gave a rosy outlook despite concerns about orders, overall production and defense spending. Boeing Chief Executive Jim McNerney said market fundamentals that support higher jetliner production are...

  • THIS will be critical for space travel: SpaceX exec Tuesday, 12 May 2015 | 12:59 PM ET
    Gwynne Shotwell, SpaceX COO

    This is the crucial factor for space travel proliferation, says SpaceX president and COO Gwynne Shotwell.

  • Does Elon Musk have one more trick up his sleeve? Tuesday, 12 May 2015 | 7:00 AM ET
    The unmanned Falcon 9 rocket launched by SpaceX lifts off from the Cape Canaveral Air Force Station in Cape Canaveral, Florida January 10, 2015.

    Elon Musk's venture is taking off as it snares major space contracts. Now rivals like UAL and Blue Origin are vying for the niche market.

  • By this measure, Facebook is 'cheap': Strategist Monday, 11 May 2015 | 11:42 AM ET
    Facebook CEO Mark Zuckerberg

    Options expert Stacey Gilbert explains why Facebook is trading at one of its highest discounts in the past year.

  • The Chicago- based carrier said in a statement it plans to halt service to Stockholm and Oslo from its Newark, New Jersey, hub between Sept. 5 and May 4, 2016. It also expects to suspend one of its two daily flights between Newark and Paris from Oct. 25 through March 26, 2016, but use a larger aircraft, the Boeing Co 777-200, than it currently does on the flight that remains.

  • A trader works on the floor of the New York Stock Exchange.

    U.S. stocks closed higher as investors cheered a jobs report that showed economic growth but not enough for most to see immediate Fed tightening.

  • WASHINGTON, May 7- Boeing Co will struggle to boost international sales of its F/A-18E/F Super Hornet fighter jets despite a $3- billion- plus deal expected soon with Kuwait, analysts and industry executives said. The Kuwait order will help extend production at Boeing's St. Louis facility into 2019, and preserve its ability to compete for fighter orders from...

  • Air Force Secretary Deborah James last week said the Air Force expects to finalize the terms of the competition by the end of May, and could award contracts for prototypes of new U.S.-fueled launch vehicles as early as September. The current sole launch provider, United Launch Alliance, a joint venture run by Lockheed Martin Corp and Boeing Co, is working on a new...

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.

  • MONTREAL, May 1- A United Nations civil aviation-led panel on Friday called for improved, fire-resistant packaging to ship lithium batteries, which pilots and plane makers say pose a fire risk. The International Civil Aviation Organization's dangerous goods panel agreed this week to set up a group of experts to develop safer packaging for the transport of...

  • FAA orders fix for power-loss issue in Boeing 787s Thursday, 30 Apr 2015 | 6:59 PM ET
    A Boeing ground test crew member examines a Boeing 787 Dreamliner.

    The move comes after Boeing discovered a software error that could result in a total loss of power. The NYT reports.