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Boeing wins $4bn Saudi fighter jet dealUS aerospace giant Boeing Company has secured a contract valued at $4 billion to modernize the Royal Saudi Arabian Air Force's fighter jet fleet, according to the Pentagon. The procurement order covers conversion of 68 existin More… |
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Boeing nets $1bn earnings in Q3Boeing has posted stronger-than-expected results for the third quarter earning $1 billion ($1.35 a share) as its defence business improved and commercial aircraft deliveries surged, and the company raised its full-year forecast for the third tim More… |
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Boeing names Saudi defence business headUS aerospace giant Boeing Company has named Chris Smith as the new vice president and managing director for its defence business in Saudi Arabia to further boost customer relationships and establish new in-country tieups. Smith wi More… |
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Defence giants rack up $500bn in incentive dealsGlobal aerospace and defence companies have racked up a cumulative $500 billion of obligations in order to secure weapons sales with foreign countries through 2016, according to a leading consulting firm. Jon Barney, a partner with Avascen More… |
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Boeing lands first blow at FarnboroughUS planemaker Boeing landed the first blow at this week's Farnborough Airshow, winning an order worth up to $7.2 billion from US lessor Air Lease, as a market share battle with its European rival Airbus plays out. Boeing said on Monda More… |
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Eurocopter to showcase at Morocco airshowEurocopter will mark its five decades of helicopter operations in Morocco’s homeland security, law enforcement, medical airlift, rescue and military mobility at this week’s Marrakech Air Show. Eurocopter’s participation in the third biannu More… |
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Qatar fund may seek Lagardere board seatQatar's sovereign wealth fund may seek a supervisory board seat and strategic partnership with Lagardere, potentially deepening its ties with the French media-to-aerospace conglomerate in which it is the biggest shareholder. Qatar Hold More… |
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EADS in pan-Arab TV show tieupEADS, a leader in aerospace, defence and related services, has partnered with Stars of Science, a pan-Arab reality TV programme initiated by The Qatar Foundation to find the next generation of young Arab innovators. During a recent visit t More… |
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Qatar eyes Daimler's EADS stakeQatar is interested in buying a 7.5 per cent stake in European aerospace and defence company EADS from Daimler, a German magazine reported. It said members of Qatar's government had met with German Economy Minister Philipp Roesler two More… |
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DAE Capital CEO quitsDubai Aerospace Enterprise (DAE), a leader in maintenance, repair and overhaul (MRO) services, said that the CEO of its Capital division, Robert Genise, had left the company to get involved in a more entrepreneurial venture. “We More… |
