The Boeing Company (NYSE:BA) and Lockheed Martin Corporation (NYSE:LMT) through their joint project, United Launch Alliance, have gone into a partnership with Blue Origin for the manufacture of an ultramodern rocket engine which is set to be tested in 2016. The rocket engine is planned to first fly in 2019. United Launch Alliance is currently…
The Boeing Company (BA) and Space Exploration Technologies Corporation Wins $6.8 Billion for U.S. Spacecraft Manufacture
The National Aeronautics and Space Administration (NASA) announced Tuesday that The Boeing Company (NYSE:BA) and Space Exploration Technologies Corporation, popularly known as Space X, are the two companies that have won a $6.8 billion contract to develop a means to the International Space Station. The third company, Sierra Nevada Corporation, that also contended for the…
The Boeing Company (BA) Got a Boost over Airbus Group NV (AIR) With Jet Orders Worth $8.8 billion
The Boeing Company (NYSE:BA) got a boost over its largest competitor, Airbus Group NV (EPA:AIR), when it took orders for $8.8 billion of jets from BOC Aviation Pte, a unit of Bank of China Limited (SHA:601988). BOC Aviation Pte, an aircraft leasing firm, is banking on the surging Asian demand for younger and newer airplanes…
Airbus Group NV (AIR) Plays $15 billion A350 Card To Get Ahead Of The Boeing Company (BA)
Airbus Group NV (EPA:AIR)’s newest development, the A350, has finished its testing. The $15 billion investment to achieve the twin-engine A350-900, capable of carrying 315 passengers with a range of 7,750 nautical miles; and a later version the A350-1000 with 369 seats, that will enter service in 2017. The recently developed Airbus should, as mentioned…
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