Keyword: boeing

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  • Trump was RIGHT about Air Force One: Pentagon budget... more than $4.2 billion

    12/08/2016 3:56:15 PM PST · by pissant · 38 replies
    Daily Mail UK ^ | 12.8.16 | Dave Martosko
    tThe Pentagon program that will replace the pair of aging 'Air Force One' planes is already slated to cost $4.265 billion through the year 2021, according to federal budget and procurement documents obtained by DailyMail.com. That number supports what President-elect Donald Trump said two days ago when he claimed the U.S. Air Force should cancel its order with Boeing because the project's cost had spiraled above $4 billion. 'Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!' Trump tweeted Tuesday. Critics immediately pounced, including...
  • Understanding Trump’s Air Force One Political Theater

    12/08/2016 4:08:50 AM PST · by Kaslin · 47 replies
    American Thinker ^ | December 8, 2016 | Thomas Lifson
    Using the same skill set he employed during the presidential campaign, President-Elect Trump has crafted another public drama around a storyline of his choosing. A highly predictable story arc – a series of subplots that unfold as time passes – is in store for the public. Trump has done this sort of thing before. And unlike any previous president, he is an incredibly successful impresario/performer in episodic reality television. A substantial fraction of the electorate follows politics at the level of reality television, and Trump knows how to reach them. His early-morning tweet of December 6 was an attention-grabbing opening...
  • Ukraine offers Trump Antonov aircraft as Air Force One

    12/08/2016 6:02:07 AM PST · by LesbianThespianGymnasticMidget · 43 replies
    Pravda ^ | Dec 7, 2016 | Pravda.Ru
    Ukraine's Antonov aircraft maker suggested US President-elect Donald Trump should order Air Force One from Ukraine, a message on the official Twitter page of the company said, TASS reports. "Maybe it would be better to consider an Antonov aircraft as Air Force One?" the tweet said. The state-run Antonov aircraft building plant is Ukraine's only developer and manufacturer of cargo and passenger aircraft. The company is best known for such aircraft as AN-32, AN-148, AN-158, AN-74, AN-124, AN-70 and AN-225. The company did not specify which aircraft exactly they would like to propose to the new President of the United...
  • In phone call with Trump, Boeing chief pledges to work with new administration after [] tweet

    12/07/2016 9:33:48 AM PST · by GonzoII · 63 replies
    Chicago Tribune ^ | Monday, December 7, 2016 | Christian Davenport
    Hours after Donald Trump promised to kill the Air Force One procurement program, Boeing Chief Executive Dennis A. Muilenburg spoke with the president-elect on Tuesday, promising to work with the new administration and to keep the costs of the program down, according to a person with knowledge of the matter...
  • Boeing finds out new president won’t just pay whatever defense contractors want

    12/07/2016 9:15:49 AM PST · by Sean_Anthony · 43 replies
    Canada Free Press ^ | 12/07/17 | Dan Calabrese
    Not even for Air Force One Defense contractors were pretty excited when Donald Trump won the election, figuring it was fat and happy time once again for defense spending. And if happy time means the Pentagon will once again be willing to fund what the nation needs for its defense, then there should indeed by plenty of smiles to go around. As for the fat part, defense contractors are used to the idea that cost overruns are no issue with the Pentagon because whatever they order they have to have, and have right away. The cost-is-no-object approach to national security...
  • Trump Tweets: Stop building my new Air Force One; Costs are Out of Control

    12/06/2016 7:22:37 AM PST · by SeekAndFind · 71 replies
    Hotair ^ | 12/06/2016 | Ed Morrissey
    Is this the Art of the Deal coming into play, or a stand against gouging by defense contractors? Despite insisting on the latest in luxury as a private citizen, Donald Trump seems to be saying no to a new fleet of presidential aircraft. He tweeted earlier today that the contract for replacing Air Force One should be canceled due to spiraling costs: Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!— Donald J. Trump (@realDonaldTrump) December 6, 2016 Over the past few months,...
  • Trump says cancel new Air Force One: Costs 'out of control'

    12/06/2016 6:48:15 AM PST · by Olog-hai · 87 replies
    Associated Press ^ | Dec. 6, 2016 9:36 AM EST | Jonathan Lemire
    Six weeks from taking office, Donald Trump says he wants the government to cut some costs by canceling its order for a new Air Force One, the plane that carries presidents around the globe. The government has contracted with Boeing to build two or more new planes, which would go into service around 2024. That means Trump wouldn’t fly on the new planes unless he pursued and won a second term. But the Air Force has pressed for a faster schedule, saying the current planes are becoming too expensive to repair and keep in good flying shape. The contract for...
  • Trump: Cancel Boeing's Contract For Air Force One

    12/06/2016 6:45:36 AM PST · by Fennie · 9 replies
    The Hill ^ | December 6, 2016 | By Harper Neidig
    President-elect Donald Trump on Tuesday ripped Boeing for the cost of a new Air Force One plane, calling for the contract to be cancelled. "Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!" Trump tweeted.
  • President Elect Trump cancels order for new Air Force One - via Twitter!

    12/06/2016 5:54:04 AM PST · by SamAdams76 · 109 replies
    2m2 minutes ago...@realDonaldTrump feed: Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!
  • Canada To Purchase 18 Super Hornets While Future Fighter Competition Looms

    11/23/2016 4:32:40 AM PST · by sukhoi-30mki · 8 replies
    THE DRIVE ^ | NOVEMBER 22, 2016 | TYLER ROGOWAY
    Common sense is running strong in Ottawa as the Canadian Ministry of Defense has decided to move forward with negotiations for 18 Boeing Super Hornets as an interim fighter solution. We reported on this plan last June while it was still in the works. Now Defense Minister Sajjan has made it policy, along with other steps that will be taken to revitalize Canada’s overstretched tactical air power capabilities. The purchase will bolster Canada’s aging Hornet fleet while the competition to replace Canada’s roughly 75 CF-18s gets underway. It is estimated that the competition, which Sajjan said will be “wide open,”...
  • US Fighter Prices Explode As Production End Nears

    11/21/2016 5:23:39 AM PST · by sukhoi-30mki · 3 replies
    Defense-Aerospace.com ^ | Nov 21, 2016 | Giovanni de Briganti
    PARIS --- Congressional notification of possible fighter sales announced by the DSCA on Nov 17 highlight a substantial and unexpected increase in the price of Boeing fighters approved for export, even as they reach the end of their production run. These prices are also much higher than those of their foreign competitors, and are compounded by the fact that the US dollar’s exchange rate has surged against the currencies of the two buyer nations over the past two years, as these proposed deals were being reviewed by various US government agencies. According to the Nov. 17 Congressional notifications, the price...
  • Boeing Fighter-Jet Sales Advance Toward Final Approval (Qatar, Kuwait)

    11/18/2016 12:15:27 AM PST · by sukhoi-30mki · 7 replies
    The Wall Street Journal ^ | Nov. 18, 2016 | DOUG CAMERON
    Boeing Co. moved closer to extending the life of its combat-jet production lines with the State Department’s approval of sales to Kuwait and Qatar worth up to $31.2 billion combined. With that barrier cleared Thursday, the long-delayed deals now go before Congress for final approval. Lawmakers have already been informally briefed, allowing the Pentagon and Boeing to press ahead with completing terms for the government-to-government transaction. Qatar wants to buy as many as 72 Boeing F-15 fighters that together with weapons and support could be worth $21.1 billion, the Pentagon said. However, Qatar could still split any buy between Boeing...
  • For Make in India fighter plan, will create factory designed for future Indian combat plane: Boeing

    11/17/2016 5:51:17 AM PST · by sukhoi-30mki · 8 replies
    Economic Times ^ | Nov 17, 2016 | Manu Pubby
    ST LOUIS: Proposing the setting up of a new, futuristic factory for an upcoming Make in India fighter program, Boeing has said that it is in talks with multiple Indian stakeholders to gear it for the production of the indigenous advanced medium combat aircraft (AMCA). Detailing its plan for the Make in India contest – India wants to produce 100-200 fighters domestically with technology transfer to meet deficiencies in the fleet – Boeing has said that it is in talks with several Indian companies to select a partner but the final decision would depend on the government’s strategic partnership model....
  • Boeing to shift 2,400 jobs away from Huntington Beach facility by 2020

    11/16/2016 8:06:54 AM PST · by EveningStar · 46 replies
    Orange County Register ^ | November 16, 2016 | Margot Roosevelt and Greg Mellen
    Boeing will shift more than 2,400 jobs out of its Huntington Beach facility over the next four years, the aerospace giant announced Tuesday, slicing in half the number of workers at the sprawling campus. A nationwide streamlining of operations at the company’s Defense, Space & Security division will result in the transfer of 300 Huntington Beach jobs to its Seal Beach facility and 1,600 positions to its plants in Long Beach and El Segundo. Another 500 jobs will move to St. Louis. And an additional 400 will move to Huntsville, Ala., from Huntington Beach and other facilities around the country.
  • Will Super Hornets bridge IAF's 200-aircraft gap?

    11/04/2016 9:46:45 AM PDT · by Jyotishi · 5 replies
    Business Standard, Rediff News ^ | Friday, November 4, 2016 | Ajay Shukla
    Will Super Hornets bridge IAF's 200-aircraft gap? November 04, 2016 15:11 IST Boeing expects the IAF to soon place an inquiry for twin-engine fighter jets to bridge a 200-aircraft gap in its armoury. And the Super Hornet is ready to fly in, reports Ajai Shukla. The Indian Air Force has already approached major global fighter vendors, inviting them to build single-engine, medium fighters in India.Now the spotlight is expanding to encompass heavier, twin-engine fighters as well.On Thursday, November 3, Pratyush Kumar, president, Boeing India revealed that he expected a second inquiry from the IAF, asking international manufactures for interest...
  • Moody’s: Watch for Lockheed and Boeing to get more aggressive with fighter jets sales to India

    10/07/2016 9:15:04 PM PDT · by sukhoi-30mki · 3 replies
    Washington Business Journal ^ | Sep 29, 2016 | James Bach
    While India may have signed a deal Friday with French aircraft manufacturer Dassault Aviation SA for the purchase of 36 Rafale fighter jets, credit analyst firm Moody’s Investors Service expects U.S. fighter jet makers like The Boeing Co. (NYSE: BA) and Lockheed Martin Corp. (NYSE: LMT) to begin more aggressively pursuing India as a sales opportunity. As Moody’s aerospace and defense analyst Russell Solomon told me Wednesday, India likely isn’t done buying fighters. Even if India decides to exercise an option against the Rafale contract for 18 more, in the next five to 10 years Solomon said, “Somewhere between another...
  • Qatar Airways denies commercial jet deal with Boeing tied to F-15 military sales

    10/07/2016 8:51:30 PM PDT · by sukhoi-30mki · 3 replies
    The head of Qatar Airways firmly denied that the company delayed a deal to buy up to 100 jetliners from The Boeing Co. to pressure the U.S. to approve the sale of fighter jets to Qatar. The comments from Akbar Al Baker came Friday during a news conference in D.C. in which state-owned Qatar Airlines and Boeing inked an $18.6 billion deal for 30 Dreamliners and up to 80 other jets. "We don’t relate anything to anything,” Al Baker said when asked by a reporter about possible connection. "Qatar Airways has this independent policy ordering airplanes. So nothing is attached...
  • Boeing chief believes he can reach Mars before Musk does

    10/06/2016 11:20:40 PM PDT · by aquila48 · 52 replies
    engadget ^ | 10/6/16 | Mariella Moon
    Boeing CEO Dennis Muilenburg believes that it's his company that's sending the first humans to Mars, not SpaceX. At a Chicago event sponsored by The Atlantic, Muilenberg declared that he's "convinced the first person to step foot on Mars will arrive there riding a Boeing rocket." SpaceX chief Elon Musk recently laid out his grans plans to ferry people to the red planet aboard the Interplanetary Transport System, a powerful ship the company's already working on. While Boeing has comparatively been quieter, Muilenburg isn't just all talk. The older aerospace corporation has been working with NASA to build the Space...
  • Exclusive: U.S. approves Boeing, Lockheed fighter jet sales to Gulf - sources

    09/28/2016 11:12:03 PM PDT · by sukhoi-30mki · 4 replies
    Reuters ^ | Sep 28, 2016 | Andrea Shalal
    The United States on Wednesday began notifying lawmakers that it has approved $7 billion in long-stalled sales of Boeing Co (BA.N) fighter jets to Kuwait and Qatar, and more than $1 billion in Lockheed Martin Corp (LMT.N) jets to Bahrain, sources familiar with the decision said. The sales had been pending for more than two years amid concerns raised by Israel, Washington's closest Middle East ally, that arms sold to Gulf Arab states could be used against it, and criticism of Qatar for alleged ties to armed Islamist groups. U.S. officials began notifying lawmakers informally about the sale of 36...
  • Foreign Jet-Fighter Makers Woo India

    09/24/2016 6:26:29 PM PDT · by sukhoi-30mki · 4 replies
    The Wall Street Journal ^ | September 24, 2016 | Daniel Stacey
    NEW DELHI—India is being offered blueprints to advanced combat aircraft by the world’s aerospace companies, a move unthinkable even a decade ago, as New Delhi gets ready to place another multibillion-dollar air force order. India’s aging military jet fleet desperately needs an upgrade, which analysts say may spur it to place an order worth more than $10 billion in the next year. Hoping for an edge, and encouraged by a recent law that allows 100% foreign ownership of local defense firms, jet-fighter makers such as Lockheed Martin Corp. , Boeing Co. and Saab AB are rushing in with offers to...
  • Airbus scoffs, Boeing crows as WTO slams EU for failing to address illegal subsidies

    09/22/2016 4:53:46 PM PDT · by djwright · 4 replies
    Seattle Times ^ | September 22, 2016 at 7:35 am | Dominic Gates
    A World Trade Organization (WTO) compliance panel ruled Thursday that the European Union has fallen dramatically short of remedying the harm to Boeing from illegal subsidies to Airbus. The decision opens a path for the U.S. to implement trade sanctions against the EU — potentially imposing billions of dollars in tariffs on its goods or services.
  • Boeing cashes in on obamas iran deal - thanks GOP (6-15-16)

    09/22/2016 2:32:51 PM PDT · by InvisibleChurch · 7 replies
    Nat'l review ^ | McCarthy
    When more important matters die down, I will have more to say about Senator Bob Corker’s rant on Fox News last week, accusing me of making “purposeful misstatements” about his legislation that enabled President Obama to get his Iran Deal through Congress. The Senator was provoked when Fox’s Bret Baier read from a column I wrote last year.
  • Air Force Unveils Name of Future Stealth Bomber as B-21 'Raider'

    09/19/2016 8:11:21 PM PDT · by MarchonDC09122009 · 29 replies
    Military.com ^ | 09/19/2016 | Oriana Pawlyk
    <p>Air Force Unveils Name of Future Stealth Bomber as B-21 'Raider'.</p> <p>AFA 2016 B-21 Naming Ceremony Raider was selected as the name of the Long Range Strike-Bomber, or LRS-B, by leaders after the service launched a survey of service members.</p>
  • Boeing challenges Denmark over choice of Lockheed Martin jets

    09/15/2016 6:28:48 PM PDT · by sukhoi-30mki · 13 replies
    Reuters ^ | Sep 15, 2016
    Boeing formally challenged a decision by the Danish government to pick Lockheed Martin's F-35 fighter jet over its own Super Hornet, saying on Thursday the choice was based on a "flawed evaluation process". Boeing said it had submitted a request to the country's ministry of defence that would require it to provide all materials related to the procurement evaluation and decision announced in June. "We believe the ministry's evaluation of the competitors was fundamentally flawed and inaccurately assessed the cost and capability of the F/A-18 Super Hornet," said Boeing vice president Debbie Rub. In May Boeing challenged the Danish government's...
  • Boeing rolls out T-X trainer prototype

    09/13/2016 9:50:06 AM PDT · by sukhoi-30mki · 20 replies
    aviation analysis wing ^ | September 13, 2016
    Boeing unveiled the first prototype of its trainer aircraft for U.S. Air Force T-X advanced pilot trainer program co-developed with the Saab. The aircraft was rolled out from Boeing's facility in St.Louis, Missouri were the F/A-18 and F-15 fighters are assembled. The clean sheet design will be offered to replace the 55 year old Northrop Grumman T-38 fleet operated by USAF for pilot training. The aircraft features anhedral wings and tail fin with side mounted engine air intakes. What makes the Boeing's T-X design unique from the other three competitors is the twin canted tail plane. Other competitors in...
  • Exclusive: U.S. set to approve sales of Boeing fighters to Qatar, Kuwait - sources

    09/01/2016 9:27:36 PM PDT · by sukhoi-30mki · 12 replies
    Reuters ^ | Sep 1, 2016 | Tom Finn and Andrea Shalal
    The United States is poised to sell $7 billion worth of Boeing Co fighter jets to Qatar and Kuwait after years of delays, and it may start notifying U.S. lawmakers as early as next week, four U.S.- and Gulf-based sources familiar with the matter told Reuters. The sales had stalled amid concerns raised by Israel, Washington's closest Middle East ally, that equipment sent to equipment sent to Gulf Arab states would be used against it. U.S. officials have criticized Qatar for alleged ties to armed Islamist groups. Boeing said it was encouraged by continued progress and hoped to see movement...
  • Donald Trump traveled to Mexico very differently

    09/01/2016 1:41:08 PM PDT · by BlackFemaleArmyCaptain · 29 replies
    Donald Trump's visit to Mexico was a cautious one. According Mark Simone of KOR Radio, Trump's plane was unmarked when he landed in Mexico to visit President Pena. Apparently, Trump left his the Trump Force One, a custom-appointed Boeing 757-200, behind.
  • Legendary 747 designer Sutter dies age 95

    08/31/2016 9:19:54 AM PDT · by EveningStar · 117 replies
    ATWOnline | Air Transport World ^ | August 30, 2016 | Guy Norris
    Joe Sutter, who was dubbed “Father of the 747” by the Smithsonian National Air and Space Museum, has died at age 95. As the former chief engineer of Boeing’s 747, Sutter is credited with leading the birth of the first widebody airliner, which ushered in the globe-shrinking age of mass air travel.
  • The Boeing KC-46A Tanker: Refuels Military Aircraft Using 3D

    08/27/2016 6:04:21 PM PDT · by Enlightened1 · 16 replies
    Youtube ^ | 08/27/16
    The new Boeing KC-46A Refueler.  This is a great Ad Boeing did.  Think Freepers may enjoy this 2 minute video.  https://www.youtube.com/watch?v=ThbmESQTZrU        
  • Boeing offers sneak peak of new T-X trainer

    08/23/2016 2:22:31 AM PDT · by sukhoi-30mki · 11 replies
    FlightGlobal ^ | 22 AUGUST, 2016 | LEIGH GIANGRECO
    After photos leaked of Northrop Grumman and BAE System’s new T-X trainer offering, Boeing and Saab revealed their own T-X sneak peak this week. A few shadowy glimpses of the trainer appeared over four videos posted on Boeing’s new T-X website over the weekend. The clean sheet design has two engine inlets, a high mounted wing and a conventional, vertical tail. That design marks a departure from Boeing’s original V-tail concept the company put forth before partnering with Saab. The new aircraft’s design is also unique from the Boeing T-45 Goshawk used by the US Navy. Boeing’s T-X bid not...
  • Boeing 747 - it was nice knowin ya!

    08/22/2016 11:57:32 AM PDT · by djf · 74 replies
    I was just talking to my neighbor who has a son that works in Everett. He says the last 747 is expected to come off the line in late September, this year! In my mind, this is just about the last thing I would recommend. Take a hiatus if you need one. But don't spend all your gumption on the 787. Stick to planes that WORK! Like the 737... Thoughts?
  • Spacewalkers attach docking adapter to space station for commercial vehicles

    Attached to the station’s no-longer-needed shuttle port at the front of the station, the Boeing-built International Docking Adapter will allow spacecraft from both companies to bring crews to the outpost, ending NASA’s sole reliance on Russian Soyuz ferry ships. A second IDA is expected to be attached in 2018. “It is amazing that now we’ve opened up a new chapter in the story of the International Space Station, putting the front door on this for future commercial vehicles,” radioed station commander Jeff Williams, who worked with astronaut Kate Rubins to attach and outfit the IDA. “Congratulations to the entire team.”...
  • Air Algerie flight AH1020 declares mid-air emergency (landed safely)

    08/06/2016 8:03:53 AM PDT · by BronzePencil · 44 replies
    The Daily Mirror ^ | 8-6-16 | Alex Wellman
    A passenger plane has declared a mid-air emergency and seemingly disappeared from radar, according to reports. The Air Algerie Boeing 737-600 took off from Algiers this afternoon on a flight to Marseille but let out an emergency call shortly after take-off. Flight radar showed the plane turn around and head back towards the point where it took-off but before arriving, the jet disappeared from radar.
  • Smoke billows from jetliner after crash-landing

    08/03/2016 4:54:30 AM PDT · by ConservativeStatement · 29 replies
    CBS/AP ^ | Aug 3, 2016
    DUBAI -- An Emirates flight from India with 300 people on board, including 6 Americans, crash landed at Dubai's main airport on Wednesday, sending black smoke billowing into the air and halting all traffic at the Middle East's busiest airport. Authorities said all passengers were evacuated safely. Dubai-based Emirates said the accident happened around 12:45 p.m. local time as Flight EK521 was arriving from the southern Indian city of Thiruvananthapuram.
  • US 'spy plane' makes emergency landing in Russia after 'problem with its landing gear'

    07/28/2016 8:22:39 AM PDT · by orchestra · 81 replies
    Daily Mail ^ | 7/28/2016 | Will Stewart
    A United States 'spy plane' has made an emergency landing in eastern Russia, it has emerged today. The surveillance Boeing OC-135B aircraft was flying a mission over Siberia as allowed under the Treaty on Open Skies when it reported a problem with its landing gear. The unarmed plane made an emergency landing at Khabarovsk airport, but a military source in Russia has questioned whether the technical glitch was genuine.
  • MH370: Captain's home simulator had Indian Ocean course plotted

    07/28/2016 2:07:50 AM PDT · by Enchante · 19 replies
    CNN ^ | Thu July 28, 2016 | Euan McKirdy
    The home flight simulator belonging to the MH370 pilot had a route plotted into it which ended in the Indian Ocean, officials have confirmed.... ...The confirmation corroborates earlier reports that the device had programmed in it a route similar to the one which investigators believe the doomed flight took on its final voyage.
  • India inks $1-bn deal with Boeing to buy 4 more P-8I aircraft for Navy

    07/27/2016 7:19:37 PM PDT · by cold start · 7 replies
    NEW DELHI: Adding more teeth to the Navy’s surveillance capabilities, India on Wednesday signed a deal worth over $1 billion with American defence and aerospace major Boeing for procuring four additional Poseidon-8I long-range maritime surveillance and anti-submarine warfare aircraft. The US has emerged as the biggest supplier of military hardware to India and with Wednesday's agreement, the total value of defence deals signed with the US in the last decade comes to around $15 billion. According to defence sources, the contract is a follow-on order to the eight P-81 planes worth $2.1 billion bought by India in a direct deal...
  • China unveils 'world's largest amphibious aircraft' (Boeing 737-sized seaplane)

    07/25/2016 2:20:33 PM PDT · by NormsRevenge · 64 replies
    Yahoo News ^ | 7/25/16 | AFP
    China has completed production of the world's largest amphibious aircraft, state media has said, the latest effort in the country's program to wean itself off dependence on foreign aviation firms. The state-owned Aviation Industry Corporation of China (AVIC) unveiled the first of the new planes, dubbed the AG600, Saturday in the southern port city of Zhuhai, the official Xinhua news agency reported. The aircraft, which has a maximum range of 4,500 km (2,800 miles), is intended for fighting forest fires and performing marine rescues, it said. At around the size of a Boeing 737, it is far larger than any...
  • Iran’s Unfriendly Skies

    06/27/2016 7:54:51 AM PDT · by Cheerio · 12 replies
    The Daily Signal ^ | June 24, 2016 | Diane Katz
    With the blessing of the Obama administration, Boeing Co. has negotiated the sale of a fleet of new jets to the world’s foremost state sponsor of terrorism. The $17.6 billion deal between the aviation giant and the Islamic Republic of Iran was made possible by the lifting of economic sanctions against Tehran in January. It is a reckless piece of business that Congress must address. Under terms of the memorandum of agreement, Boeing reportedly will supply 80 planes—including intercontinental jumbo jets—to state-owned Iran Air. The carrier, according to the U.S. Department of Treasury, has been routinely commandeered by the Islamic...
  • Boeing’s Historic Deal With Iran Rests on Shaky Foundations

    06/26/2016 9:43:09 PM PDT · by nickcarraway · 10 replies
    Boeing Co.’s historic $25 billion deal with Iran Air potentially rides on hopes that Tehran would stop its past practice of using the airline’s planes to ferry fighters and weapons across the Middle East. Exactly five years ago, the Obama administration imposed sanctions on the Iranian company for a number of infractions. Iran Air used passenger and cargo planes to transport rockets and missiles to places such as Syria, sometimes disguised as medicine or spare parts, the Treasury Department said at the time. In other instances, members of Iran’s Revolutionary Guard Corps took control of flights carrying sensitive cargo.
  • Diplomat Who Pushed for Iran Deal Failed to Disclose Payments from Boeing, Which Made $25B

    06/25/2016 8:30:29 AM PDT · by Mr. Mojo · 24 replies
    The Tower ^ | 06.23.16 | TheTower.org Staff
    A veteran U.S. diplomat who pushed for the nuclear deal with Iran, which allowed Boeing to sell $25 billion worth of planes to state-owned Iran Air, did not disclose that he was paid by Boeing during the time he advocated for the agreement, The Daily Beast reported Wednesday. Thomas Pickering, a former ambassador to Russia, India, Israel, and the United Nations who served under Presidents George H.W. Bush and Bill Clinton, confirmed to The Daily Beast that he was an employee of the Boeing Corporation from 2001 to 2006, after which he continued his association with the company as a...
  • Ex-Clinton official got Boeing bucks while pushing Iran nuke pact – before $25B jet deal

    06/23/2016 2:48:28 PM PDT · by ColdOne · 17 replies
    foxnews.com ^ | 6/23/16 | Adam Shaw/AP
    A former top Clinton administration diplomat who used his political sway to garner support for the Iran nuclear deal apparently was being bankrolled the entire time by Boeing -- which is set to make billions off a jet deal with Tehran now that sanctions have been lifted. ADVERTISEMENT Thomas Pickering, who also served as co-chairman of the board examining the Benghazi attack response, publicly pushed for the nuclear deal before its approval last year. He did so by penning op-eds, writing to high-level officials and even testifying before Congress. With the deal in place, Boeing has since moved forward on...
  • Garrett: Boeing deal with Iran proves crony capitalism is alive and well (Press Release)

    06/23/2016 1:31:36 PM PDT · by FreedomNotSafety · 7 replies
    House.Gov ^ | Scott Garrett
    WASHINGTON, D.C. – Rep. Scott Garrett (NJ-05) released the following statement in response to reports that Boeing has reached a multibillion-dollar deal to sell commercial passenger planes to Iran. Boeing is one of the largest beneficiaries of the Export-Import (Ex-Im) bank which perpetuates corporate welfare to mega corporations by handing out taxpayer-backed loans. "This agreement between Boeing and the world's largest state sponsor of terrorism is extremely troubling and shows that crony capitalism remains alive and well in Washington. Not only has Boeing lobbied for years to keep the taxpayer-backed Export Import bank alive, it now has also used its...
  • U.S. Navy chief warns of costlier Boeing jets if no foreign sales

    06/20/2016 6:51:10 AM PDT · by sukhoi-30mki · 11 replies
    Reuters ^ | Jun 19, 2016 | ANDREA SHALAL
    The U.S. could see the cost of new Boeing Co (BA.N) F/A-18E/F Super Hornets rise unless the government approves foreign sales of the jets soon, U.S. Navy Secretary Ray Mabus said on Sunday. Mabus, in Germany for a NATO exercise in the Baltic Sea, told Reuters he was frustrated by delays in approving the sale of the Boeing jets to a close U.S. ally, warning that this could affect the cost of jets the U.S. Navy still wants to buy. U.S. Navy and other defense officials have said they support the sale of 28 Boeing F/A-18E/F jets to Kuwait for...
  • Iran and Its Airlines Nearing Tentative Deal to Buy 100 Boeing Planes

    06/17/2016 6:32:27 AM PDT · by sukhoi-30mki · 17 replies
    The Wall Street Journal ^ | June 15, 2016 | JON OSTROWER and ROBERT WALL
    Iran and its airlines are nearing a tentative agreement to buy about 100 Boeing Co. jets following the easing of trade sanctions, according to people briefed on the discussions. The Islamic Republic is expected to buy jets directly from the U.S. plane maker in what would be one of the highest-profile deals between a U.S. company and Tehran since the West lifted nuclear sanctions on the country in January. It could also lease Boeing-made aircraft as part of a broader fleet renewal effort that includes acquiring Airbus Group SE planes, according to one of the people briefed on the discussions....
  • SpaceX to Boeing: Thanks for All the Free Money!

    06/06/2016 3:35:03 PM PDT · by Elderberry · 1 replies
    The Motley Fool ^ | 6/4/2016 | Rich Smith
    Delays in prepping the CST-100 crew capsule could cost Boeing millions -- or more. "History doesn't repeat itself, but it does rhyme." -- attributed to Mark Twain And over at Boeing (NYSE:BA), "history" looks like it's about to rhyme with "misery" for the one-time space monopolist. As you may recall, Boeing (in the form of United Launch Alliance, its joint venture with Lockheed Martin (NYSE:LMT)) was forced to bow out of an Air Force competition to launch a GPS III satellite into orbit last year. ULA's withdrawal was partly Congress' fault, inasmuch as Congress had briefly enacted a law forbidding...
  • Another Boeing Tanker Delay; How Long, Oh Lord?

    06/03/2016 8:05:23 PM PDT · by sukhoi-30mki · 16 replies
    BREAKING DEFENSE ^ | May 31, 2016 | COLIN CLARK
    WASHINGTON: When Boeing really, truly and finally won the airborne tanker competition by underbidding what was then EADS North America (now Airbus) by at least 10 percent, the chairman of the losing company, Ralph Crosby, said he believed it important that Boeing be watched closely to make sure they delivered at that price and on schedule. “If they aren’t, then they should be held accountable,” he said at the press conference announcing EADS would not protest the win. Well, Boeing’s KC-46 is quite late and very over-budget. It was supposed to be ready for a spring 2017 arrival at Altus...
  • Russia Keeps Profiting from U.S. Reliance on RD-180 Rocket Engine

    05/29/2016 7:58:54 AM PDT · by rktman · 12 replies
    pjmedia.com ^ | 5/27/2016 | Bridget Johnson
    The outcome of dueling versions of the National Defense Authorization Act could determine how much the U.S. lines Russia's pockets before what some lawmakers hope is a speedy transition to a domestically produced rocket engine. The RD-180 engine is built by NPO Energomash, a manufacturer mostly owned by the Russian Federation. It's used in the Atlas V rocket, built by Lockheed Martin and Boeing's United Launch Alliance. The House version of the NDAA approves all of the 18 requested engines. In the Senate, where there has been a lengthy battle over buying from Russia, the NDAA authorizes nine engines. Either...
  • MoD poised to award £2bn Apache deal to Boeing in new blow to UK defence industry

    05/29/2016 4:38:59 AM PDT · by sukhoi-30mki · 17 replies
    The Telegraph, U.K. ^ | 28 MAY 2016 | Alan Tovey, industry editor
    The Ministry of Defence is poised to hand another major deal to a US company, with a £2bn contract for new Apache helicopters set to be awarded to Boeing. Leonardo, the Italian aerospace manufacturer until recently known as Finmeccanica, had been battling to land the deal, which would have seen the refitted helicopters produced at its base in Yeovil, Somerset, where 3,700 staff are employed. Such an agreement would have provided a significant long-term boost to UK jobs and skills. However, it is understood the MoD has decided to hand the 50-aircraft contract, worth £2bn over its lifetime when servicing...
  • Your very own 'Queen of the Skies': Boeing 747, sale on eBay with a starting bid of $300,000

    05/27/2016 4:25:17 PM PDT · by DUMBGRUNT · 39 replies
    daily mail ^ | 27 may 2016 | CHRIS KITCHING
    Virgin's first-ever Boeing 747, called Lady Penelope, was retired last year Lady Penelope had its first commercial flight in 1994 and served the Crawley-based airline, which was co-founded by Sir Richard Branson, for 21 years until its final flight from New York to London last September. ‘Based on the buyer's needs. We have all of the capabilities to disassemble and transport the plane in sections. ‘It is also possible to section out the plane out if you only require the fuselage, cockpit or the wings.’