The U.S. giant airplane maker Boeing and banks such as Morgan Stanley and Wells Fargo are the focus of the U.S. morning market. They are likely to be the main movers and shakers of of today's stock market.
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US aviation giant Boeing is going to invest $27 bln in Russia in the next few decades.
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As part of NASA’s plan to revisit the Moon, Marshall Space Flight Center Engineers oversaw the freefall test of a 50,000-pound simulated rocket booster on the Arizona desert by U.S. Air Force test pilots. The Ares booster recovery parachute system successfully stopped the jettisoned booster from crashing. Testing for all components will continue throughout 2009, each with greater payload weight.
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Boeing says the company will meet the members of International Association of Machinists and Aerospace Workers (IAM) to discuss the strike after IAM voted to reject the company's contract offer Wednesday and approved a strike.
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IBM (NYSE: IBM) announced IBM Mashup Center will be hosted as a free trial on the Web with which non-technical business people can use to experiment and build customized mashups following the success of early corporate adopters Boeing Corporation (NYSE: BA) and Carrefour Group (PARIS: CA).
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Southwest Airlines, has Boeing's support as the FAA seeks a 10.2 Million Dollar Fine. This fine comes as a result of Southwest Airlines flying 117 unsafe Boeing 737's.
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The Pentagon awarded a multibillion-dollar Air Force tanker contract to a partnership between Northrop Grumman and EADS, the European parent of Airbus, according to an announcement Friday. Thus Boeing loses 40 billion dollar contract.
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Airbus and Boeing announced more huge orders for airliners Monday at the Dubai Airshow. Dubai Aerospace Enterprises, an aircraft leasing company, signed letters of intent to buy 100 planes from Airbus and another 100 from Boeing. Those two deals are worth more than $27 billion.
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The world’s second largest airplane maker Boeing Co. said Wednesday that its third-quarter profit climbed 61 percent due to higher commercial airplane deliveries and growth in its defense business.
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Airbus official reports, the ongoing trade battle between Airbus and Boeing Co. is "bad for the industry" but is unlikely to be resolved until the U.S. Air Force awards a $40 billion (EUR28 billion) contract for tanker aircraft.
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Russia and the Commonwealth of Independent States (CIS) will require 1,060 new airplanes worth about $70 billion over the next 20 years, according to The Boeing Company's [NYSE:BA] updated annual forecast for the commercial airplane market. The complete forecast, known as the Boeing Current Market Outlook, is available on the Boeing web.
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The Pentagon has awarded Boeing $80 million to begin planning and building two missile defense systems to be based in Poland and the Czech Republic, a spokesman for the U.S. Missile Defense Agency said.
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