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Daily Archives: March 30, 2011

Lockheed Martin Awarded $789.8 Million THAAD Production Contract

Lockheed Martin [NYSE:LMT] has received a production contract totaling $789.8 million to produce the Terminal High Altitude Area Defense (THAAD) Weapon System for the Missile Defense Agency.

The contract includes $694.9 million and for the production of 48 THAAD interceptors,… Continue reading

GE Capital Aviation Services Finalizes Order With Boeing for 10 777-300ERs

Boeing and GE Capital Aviation Services (GECAS) finalized an order for 10 777-300ER (extended range) airplanes. The order is worth approximately $2.8 billion at list prices. The new 777-300ERs will help GECAS meet growing airline demand for long-haul passenger airplanes.… Continue reading

Bombardier Enters into Strategic Alliance with Fokker Services to Strengthen Support for Dash 8/Q-Series 100/200/300 Aircraft

Bombardier Aerospace announced today that it has entered into a strategic alliance with Fokker Services for the launch of FLY, a new program aimed at improving the availability of components and reducing the cost of repairs for Dash 8/Q-Series 100/200/300… Continue reading

Boeing, GECAS Finalize Order for 10 777-300ERs

SEATTLE, March 30, 2011 /PRNewswire/ — Boeing (NYSE: BA) and GE Capital Aviation Services (GECAS) finalized an order for 10 777-300ER (extended range) airplanes. The order is worth approximately $2.8 billion at list prices. The new 777-300ERs will help GECAS… Continue reading

Spanish Government, Iberia, and Airbus launch bio-fuel initiative

The Spanish government, Iberia Airlines and Airbus have signed an agreement to develop a complete Spanish ‘value chain’ for sustainable and renewable aviation bio-fuel for commercial use. Other key members are expected to join the agreement shortly.

Signatories to the… Continue reading