Topic: Boeing Company

Pentagon kills Boeing Army radio program

WASHINGTON (Reuters) - The Defense Department said Friday it had terminated Boeing Co's top U.S. Army radio program, kicking off an expected new round of cutbacks as the Pentagon trims spending in an austere budget climate.Full-rate production of the Joint Tactical Radio ...

Pentagon buoyed by Wall Street view of defense stocks

WASHINGTON (Reuters) - The Pentagon is very encouraged by Wall Street's response to aerospace companies and arms makers, even as U.S. defense spending flattens, the top U.S. weapons buyer said on Tuesday."We are monitoring the health of our industry as it is ...

Supreme Court takes no sides in stealth plane case

The US Supreme Court on Monday refused to take sides in a dispute between the Pentagon and aerospace giants Boeing and General Dynamics over a canceled contract to build a stealth aircraft.After a 20-year court battle, the Supreme Court justices ruled unanimously ...

Tanker victory spells risks for Boeing

Boeing's triumph over European rival EADS for a major US Air Force tanker contract poses risks amid defense spending cutbacks and multiple delays to its commercial projects.The Defense Department declared Thursday Boeing the "clear winner" of a $30-plus billion contract to supply ...

Pentagon to announce winner of U.S. tanker saga

WASHINGTON (Reuters) - The U.S. Air Force will announce on Thursday the winner of an epic $35 billion procurement battle between Boeing and Airbus over 179 aerial refueling planes, its third attempt to start replacing a fleet of planes built before humans ...

US Air Force tanker award set to be announced

The US Defense Department is set to announce the winner of a $35 billion Air Force aerial refueling tanker contract fought over by Boeing and European rival EADS for nearly a decade.Congressional aides told AFP the award of one of the biggest ...

US military's tanker deal: a saga without end

The battle between aerospace giants Boeing and EADS to supply new aerial refueling tankers for the US Air Force could drag on even after the military finally makes a decision on the contract, experts say.For the past decade, the Pentagon has struggled ...

Pentagon delays F-35, buys more Boeing fighters

WASHINGTON (Reuters) - The Pentagon overhauled the Lockheed Martin Corp F-35 fighter program for the second time in a year and said it would buy 41 Boeing Co F/A-18 warplanes over the next three years to offset slower production of the Lockheed ...
Congress approves bill to authorize Pentagon spending for wars in Iraq, AfghanistanCongress gave final approval Wednesday to legislation that authorizes the Pentagon to spend nearly $160 billion on the wars in Iraq and Afghanistan this budget year without major restrictions on the ...

Lockheed F-35 fighter in deficit panel's sights

WASHINGTON (Reuters) - The Pentagon should cut 15 percent of its arms purchases, 10 percent of its research spending and slash Lockheed Martin's F-35 fighter jet program to help balance the federal budget, the heads of a presidential panel said in a ...
Previous