Yesterday, Reuters reported Lockheed Martin withdrew from the U.S. Air Force’s tanker competition. Airbus teamed with Lockheed as the prime contractor in 2018, offering an A330 MRTT. Airbus said it will pursue the competition without Lockheed, We have not covered…
News The Boeing KC-46 Tanker still has quality problems, and the Air Force is holding back $336 million in payments until a camera system works properly. This is just the latest of a series of problems with the tanker. …
News Just before yesterday’s Bombardier earnings call, it was announced that Bombardier and Airbus had reached an agreement to sell Bombardier’s remaining interest in the A220 (nee CSeries) program. That transaction will leave Airbus and the Government of Quebec as…
The Boeing Company released its 2019 results earlier this week, and the company’s financial health, driven by the MAX crisis, is now quite weak. This is, to a great degree, due to the stock buybacks over the last five…
Boeing’s problems are getting worse. The MAX is grounded, the 787 is being investigated for quality issues and has major engine problems, the 777-X is even further delayed with engine problems, and the KC-46 is failing to meet needs and…
News Boeing’s Board of Directors is likely to call for safety changes at the company in the wake of the two 737 MAX crashes that have grounded the aircraft and dramatically impacted production. A subcommittee of the Board has been…