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Boeing books 71 orders for best-selling 737 jetliners within a week

U.S. aerospace giant Boeing said Thursday it had won 71 new orders for its best-selling 737 commercial jetliner in a week, with more than half for its new 737 MAX. Boeing did not disclose the name of the buyer or the buyers of the short- to medium-haul aircraft in the…

Boeing discovers ‘green diesel’ that could cost $3 a gallon

Boeing Discovers Promising Biofuel At $3 Per Gallon (via Clean Technica) Originally published on Reviving Gaia. By Roy L Hales. Boeing has identified a commercially viable “green diesel” that emits 50% less carbon dioxide than conventional fossil fuels. It is made from oils and fats that are chemically similar to…

Boeing to end C-17 military aircraft program in 2015

Boeing announced Wednesday it would end production of its C-17 military transport aircraft in 2015, citing a difficult environment amid government spending cuts. Boeing said it would close the C-17 final assembly plant in Long Beach, California in 2015, after completing the 22 aircraft remaining to be built. Nearly 3,000…

U.S. stocks inching closer to record highs despite trouble for Boeing

US stocks edged higher to new record highs Friday after strong banking earnings helped offset a profit warning from UPS and fresh trouble for Boeing’s Dreamliner aircraft. At the closing bell, the Dow Jones Industrial Average rose 2.30 (0.01 percent) to 15,463.22, nudging above Thursday’s record. The S&P 500 also…

Boeing seeks temporary fix for suspect batteries: report

US aerospace giant Boeing is considering an interim plan to protect its 787 Dreamliner if its batteries overheat or catch fire, according to a report Monday in the Seattle Times. Boeing’s flagship new jet has been banned from flight worldwide since the middle of last month after battery smoke forced…

WTO orders U.S. to halt Boeing subsidies

GENEVA — The World Trade Organization ordered Monday the United States to halt unfair subsidies and tax breaks to planemaker Boeing, judging them to have damaged European rival Airbus. The WTO’s Appellate Body said that it found that certain subsidies and tax breaks “caused, through their effects on Boeing’s prices,…

Rep. Norm Dicks of Washington state will not seek reelection

SEATTLE (Reuters) – U.S. Representative Norm Dicks, a Democrat from Washington state known for supporting airplane manufacturer Boeing and his region’s military bases, said on Friday he will not seek reelection. The 18-term Congressman said in a statement he and his wife, Suzie, have “made the decision to change gears…

Obama says U.S. on track to doubling exports

US President Barack Obama said Saturday his administration was headed toward fulfilling its commitment of doubling US exports over five years and promised to reward businesses that created jobs at home with tax breaks. “Two years ago, I set a goal of doubling US exports over five years,” the president…

U.S. still spending billions on Reagan’s ‘Star Wars’ missile defense

WASHINGTON — Boeing won a $3.48 billion contract Friday to retain its leading role in building a US shield against long-range ballistic missiles, defeating rival Lockheed Martin Corp., officials said Friday. The US Missile Defense Agency announced the decision for the seven-year contract in which Boeing will test, engineer and…

Cost of Boeing’s U.S. Air Force contract could overrun: report

Five months after Boeing won a massive contract to supply air refuelling tankers to the US Air Force, the US giant fears the project may run over budget, Focus magazine reported Sunday. The 4.9 billion-dollar (3.5 billion-euro) budget set for the first stage of the project, for the first four…

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