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Aerospace
Investment Related News |
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Boeing Schedules 787 Dreamliner First Flight for Second Quarter 2009; First Delivery for First Quarter 2010
Company Release,
December 11, 2008
EVERETT, Wash., -- Boeing [NYSE: BA] today announced an updated schedule for its all-new 787 Dreamliner program that moves the commercial jet's first flight into the second quarter of 2009 and first delivery into the first quarter of 2010. The new schedule reflects the impact of disruption caused by the recent Machinists' strike along with the requirement to replace certain fasteners in early production airplanes. |
NYSE:BA

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Lockheed Martin F-35 Lightning II Flies Supersonic
Company Release,
November 14, 2008
FORT WORTH, TX, -- The Lockheed Martin [NYSE: LMT] F-35 Joint Strike Fighter flew supersonic for the first time yesterday, achieving another milestone. The aircraft accelerated to Mach 1.05, or about 680 miles per hour.
The test validated the F-35 Lightning II’s capability to operate beyond the speed of sound and was accomplished with a full internal load of inert or “dummy” weapons on the one-hour flight. |
NYSE:LMT
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VSMPO-AVISMA Corporation and Airbus/EADS Strengthen Their Cooperation
Company Release, July 14, 2008
VERKHNAYA SALDA, Sverdlovsk, Russia -- VSMPO-AVISMA Corporation, the Russian Titanium manufacturer, Airbus, a leading aircraft manufacturer, and its shareholder EADS, the European Aerospace and Defense Company, signed a framework agreement on titanium supply.
The agreement covers the supply of Titanium to Airbus and others EADS Divisions until 2020. It further boosts the relationship that exists between the companies since the early 1990s, by extending the number of added-value products purchased in Russia. |
RTS:VSMO
NYSE EURONEXT:EAD
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Honeywell Selected to Provide Flight Management and AESS Systems for Airbus A350XWB
Company Release, March
18, 2008
PHOENIX, AZ -- Honeywell (NYSE: HON) announced today
that it has been selected to provide the Flight
Management System (FMS) and the Aircraft Environment
Surveillance System (AESS) for Airbus’s new
long-range, wide-body A350XWB aircraft. The
contract is expected to generate more than $1.5 billion
(including aftermarket) in revenue for Honeywell over
the life of the program. |
NYSE:HON
NYSE EURONEXT:EAD
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More than 900 aircraft will be needed within next 20 years in Russia
Company Release, March
18, 2008
TOULOUSE, FRANCE -- The
Russian airlines will need more than 900 passenger
aircraft over the next 20 years in response to the
strong growth in this market, according to the latest
Airbus Global Market Forecast (GMF). |
NYSE EURONEXT:EAD
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U.S. Air Force Selects Northrop Grumman to Provide the New KC-45A Aerial Refueling Tanker
Company Release,
February 29, 2008
LOS ANGELES, CA -- Northrop
Grumman Corporation (NYSE:NOC) announced today that it
has been selected by the U.S. Air Force to provide the
KC-45A aerial refueling tanker for the KC-135 tanker
replacement program. The Air Force's KC-45A is based on
the highly-successful A330 commercial airframe, produced
by EADS. |
NYSE:NOC
NYSE EURONEXT:EAD
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Pratt & Whitney, MTU to Collaborate on Next Generation Product Family
Company Release,
December 14, 2007
EAST HARTFORD, Conn., – Pratt & Whitney, a
division of United Technologies Corp. (NYSE:UTX), and
MTU Aero Engines have agreed to collaborate on Pratt
& Whitney’s next generation product family
including the new Geared Turbofan engine. The
agreement, which is subject to the launch of the
aircraft programs, gives MTU Aero Engines about a 15%
stake in key future engine programs with Pratt &
Whitney and Pratt & Whitney Canada. |
NYSE:UTX
WKN:A0D9PT
OTC:MTUAF
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Airbus
ends the 10th Dubai Airshow with record orders
Company Release,
November 14, 2007
TOULOUSE, FRANCE -- Airbus ended the 10th
Dubai Airshow with major orders, re-enforcing customer
confidence in its leading product range. During the
show, Airbus received 163 firm orders valued at US over
$28 billion at catalogue prices, from 10 customers.
Airbus also won its largest ever order in terms of value
for 70 A350 XWBs and 11 A380s from Emirates Airline. In
addition, it received 132 commitments from four
customers. |
NYSE EURONEXT:EAD
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