Northrop Grumman beats out Boeing for $3.8 billion Air Force tanker logistics dealOctober 1st, 2009 Northrop Grumman gets $3.8B Air Force dealWASHINGTON — Northrop Grumman Corp. beat out rival Boeing Co.
Sears pays record $6.2 million to settle charges it discriminated against disabled workersSeptember 30th, 2009 Sears pays $6.2 million to settle bias caseWASHINGTON — Sears Holdings Corp. has agreed to pay a record $6.2 million to settle allegations that it illegally fired disabled employees.
Murtha says Air Force's latest $35 billion tanker contract appears 'open and less subjective'September 24th, 2009 Murtha: $35B tanker competition appears 'open'WASHINGTON — A House Democrat says the Air Force's latest attempt to award a troubled $35 billion contract for mid-flight refueling tankers appears "open and less subjective."
John Murtha of Pennsylvania says that "after eight years, we can finally get on with this program." He chairs the House Appropriations subcommittee on defense. Murtha was one of several lawmakers briefed by Air Force Secretary Michael Donley and other Pentagon officials on the latest request for bids — due out Friday — on the tanker competition between Northrop Grumman Corp.
Boeing gets $102.3 million Air Force deal for logistics on aerial refueling tankersSeptember 3rd, 2009 Boeing gets $102.3M Air Force dealWASHINGTON — Boeing Co.'s McDonnell Douglas Corp. received a $102.3 million contract boost from the Air Force for logistics support for the KC-10 and KDC-10 aerial refueling tankers, the Pentagon said late Thursday.
Bank of America pays $33 million penalty to settle SEC charges that it misled investorsAugust 3rd, 2009 BofA pays $33M SEC fine for misleading investorsWASHINGTON — Bank of America has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its employees. In seeking approval to buy Merrill, Bank of America told its shareholders that Merrill agreed not to pay year-end bonuses without Bank of America's consent.
Turkish Airlines orders 7 Boeing 777s listed at $1.9 billionJuly 28th, 2009 Turkish Airlines orders 7 Boeing 777sSEATTLE — Boeing says Turkish Airlines finalized an order for seven extended range 777-300s worth $1.9 billion at list prices. Tuesday's order adds to an order for five 777-300ERs placed in April by Turkish Airlines, which currently operates a fleet of 65 Boeing planes.
Continental to take $31M charge against value of 737s; expects total 2Q charges of $44 millionJuly 14th, 2009 Continental to book $44 million in 2Q chargesHOUSTON — Continental Airlines Inc. says it will record a $31 million charge against the value of its Boeing 737s in its fiscal second-quarter results because of the falling market value of those planes.
Boeing to pay $580 million for South Carolina plant where 787 Dreamliners are builtJuly 7th, 2009 Boeing pays $580M for SC Dreamliner plant
SEATTLE — Boeing Co. said Tuesday it will pay $580 million in cash for a South Carolina plant where the company's eagerly awaited Boeing 787 Dreamliner planes are built.
Boeing to pay $580 million for South Carolina plant where parts for 787 Dreamliners are builtJuly 7th, 2009 Boeing pays $580M for SC Dreamliner parts plantSEATTLE — Boeing Co. said Tuesday it will pay $580 million in cash for a South Carolina plant where large components for the company's eagerly awaited Boeing 787 Dreamliner planes are built.
Boeing may offer tanker version of 777 commercial jet in new bid for $35B military contractJune 17th, 2009 Boeing may offer 777 tanker in new contract bidBoeing Co. may offer a tanker version of its 777 jet in a new bid to win a $35 billion military contract to replace the Air Force's aging fleet of aerial refueling planes, a company spokesman said Wednesday.
Boeing confident about chances against Airbus parent EADS in new Pentagon tanker bidJune 16th, 2009 Boeing confident about new Pentagon tanker bidLE BOURGET, France — Boeing Co. said Tuesday it was confident in its chances to win the rematch with rival Airbus for a multibillion-dollar contract for refueling tankers for the U.S.
Boeing reduces 20-year forecast for commercial airplanes, citing global recessionJune 11th, 2009 Boeing cuts 20-year commercial plane forecastLONDON — Aerospace giant Boeing Co. has lowered its 20-year forecast for the commercial airplane market because of the global recession, declining air traffic and unpredictable fuel prices.
US Senate grants 900-million-dollar aid to PakistanMay 15th, 2009 WASHINGTON - The US Senate Appropriations Committee has approved about 900 million dollars in economic and security aid for Pakistan which is battling Taliban, spilling over its border with Afghanistan. The Senate allocated 91.3 billion dollars measure to fund the wars in Iraq and Afghanistan through September 30, the Dawn reports.
Boeing April orders slump as economic crisis continues to erode new aircraft demandMay 8th, 2009 Boeing plane orders tumble in AprilPITTSBURGH — Boeing Co. says orders for its jetliners fell by more than 70 percent in April as the economic downturn continued to dampen demand from airlines and cargo planes.
Turkish Airlines orders 5 Boeing 777-300ER airplanes in deal worth $1.36 billionMay 6th, 2009 Turkish Airlines orders 5 Boeing 777sSEATTLE — Boeing and Turkish Airlines have signed an order for five 777-300ER jetliners. The order is valued at $1.36 billion at list prices.
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