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Northrop Grumman Awarded Joint STARS Radar Modernization Contract
MELBOURNE, Fla., Nov. 20, 2008 — The U.S. Air Force has awarded a risk reduction study contract to Northrop Grumman Corporation (NYSE:NOC) for the E-8C Joint Surveillance Target Attack Radar System (Joint STARS) Radar Modernization program. The study will be… Continue reading
Hawker Beechcraft Awarded $171 Million Contract for 23 King Air 350ER Turboprops
WICHITA, Kan. (Nov. 19, 2008) – Hawker Beechcraft Corporation (HBC) has been awarded a contract by the United States Air Force (USAF) with an estimated value of $171 million. The contract is for 23 extended-range (ER) special mission Beechcraft King… Continue reading
Bombardier Sells Eight Q400 NextGen Airliners To Ethiopian Airlines
Total Dash 8/Q-Series turboprop program orders exceed 1,000 aircraft
Bombardier Aerospace announced today that Ethiopian Airlines has signed a contract to purchase eight Q400 NextGen turboprop airliners, and has taken options on four additional Q400 NextGen aircraft. Including this transaction,… Continue reading
Boeing Announces Layoffs, Restructuring at Wichita Site
WICHITA, Kan., Nov. 19, 2008 — The Boeing Company [NYSE: BA] today announced plans to cut approximately 800 positions at its Integrated Defense Systems facility in Wichita during 2009. Boeing attributes the reductions to the end of some programs and… Continue reading
TAT Group Takes Delivery Of Its 40th ATR Aircraft
TAT Group’s leasing subsidiary, AIR Ltd., today took delivery of an ATR 72-500 aircraft which marks the 40th ATR aircraft delivered to the TAT Group. The aircraft will be leased to Bangkok Airways. Coincidentally, both TAT Group and Bangkok Airways… Continue reading