Aerospace and defense industry
Firm tapped to modify Qatar jet for Trump admin agrees to $62 million settlement in false claims case
Jaque Silva | Nurphoto | Getty Images Defense contractor L3Harris Technologies will pay $62 million to settle allegations that it lied about the prices of equipment it sold to the U.S. military years earlier, the Justice Department said Thursday. L3Harris was recently tapped to help modify a luxury Boeing 747 jet from Qatar’s royal family that President […]
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American Airlines CFO says some travelers are avoiding Newark airport
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images American Airlines chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but […]
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Why Etihad Airways thinks it can weather the storm of Boeing delays
ABU DHABI, United Arab Emirates — Abu Dhabi’s Etihad Airways says it can navigate the turbulence surrounding Boeing ‘s delivery delays, even as it doubles down on a major wide-body order and a multibillion-dollar fleet overhaul. Speaking on CNBC’s “Access Middle East” on Wednesday, Etihad CEO Antonoaldo Neves said the airline is taking a more […]
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Trump unveils plans for ‘Golden Dome’ missile defense system
U.S. President Donald Trump makes an announcement regarding the Golden Dome missile defense shield next to U.S. Defense Secretary Pete Hegseth in the Oval Office of the White House in Washington, D.C., U.S., May 20, 2025. Kevin Lamarque | Reuters President Donald Trump rolled out plans for a multibillion dollar ‘Golden Dome’ missile defense shield […]
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Trump tells Walmart to ‘eat the tariffs’ after retailer warned it will raise prices
People shop at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty Images President Donald Trump blasted Walmart on Saturday after the country’s largest retailer warned this week that it will have to raise prices because of tariffs. “Walmart should STOP trying to blame Tariffs as the reason […]
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Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport. Eric Thayer | Bloomberg | Getty Images The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would allow the plane-maker […]
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Boeing strikes ‘largest-ever’ 787 jet order with Qatar Airways, White House says
U.S. President Donald Trump, Qatar’s Emir Tamim bin Hamad Al Thani and Boeing CEO Kelly Ortberg attend a signing ceremony in Doha, Qatar, May 14, 2025. Brian Snyder | Reuters Boeing and GE Aerospace secured a $96 billion agreement to sell Qatar Airways up to 210 aircraft, the White House said Wednesday. The deal for […]
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FAA weighs reducing Newark flights after hundreds of disruptions
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images U.S. airlines will meet with the Federal Aviation Administration this week to discuss cutting flights at Newark Liberty International Airport after a series of equipment failures and air traffic […]
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Newark air traffic controllers lost contact with planes again in overnight outage
A man stands outside Terminal C with the airport control tower in the background at Newark Liberty International Airport, on May 6, 2025 in Newark, New Jersey. Andres Kudacki | Getty Images Air traffic controllers who guide planes in and out of Newark Liberty International Airport lost radar and communication with aircraft before dawn on […]
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IAG orders 71 long-haul jets split between Airbus and Boeing
Passenger aircraft, operated by British Airways Plc, at Heathrow Airport Terminal 5. Bloomberg | Bloomberg | Getty Images British Airways owner IAG on Friday unveiled plans to buy 71 long-haul aircraft from Airbus and Boeing, sharing a major fleet expansion across the Atlantic a day after Britain and the U.S. announced a trade deal. The […]
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