Can MAN, a company that is no stranger to power generation, outshine its rivals and break into a massive, competitive market? As far as gas turbines are concerned, MAN has not really had a big piece of the pie; however, that might shift somewhat in the coming decade. A new product, developed in-house by MAN, has been doing rather well for a new design and will perhaps gain the manufacturer some traction in the power generation/mechanical drive market.
Airbus reportedly has many A320neo jets sitting on the tarmac at its final assembly locations waiting for their engines. Photo: Pratt & Whitney
Boeing and Airbus delivered 202 (78+66+58) and 148 (55+46+47) commercial jets in Q3 2017, respectively, compared to 188 and 164 during the same quarter last year. This year to date, Boeing has delivered 554 jets (563 at this time last year), while Airbus has delivered 454 (462 in 2016). In 2016, Boeing delivered 748 jets (762 in 2015) in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading →
CSeries 100 is at the center of the dispute. Photo: Bombardier
Earlier this week, the U.S. Commerce Department took Boeing’s side in an ongoing dispute with Canada’s Bombardier after Boeing claimed that an April 2016 order for 75 CSeries jets by Delta Air Lines was unfairly subsidized by the Canadian government.
by Bill Ostrove, Space Systems Analyst, and Richard Pettibone, Aerospace & Defense Companies Analyst, Forecast International.
Antares launch. Source: NASA/Bill Ingalls
Behind all the sound and fury surrounding the recent UTC/Rockwell deal, Northrop Grumman quietly moved in earlier this week and scooped up rocket and missile maker Orbital ATK in a deal valued at $9.2 billion. Under the agreement Northrop Grumman will acquire Orbital ATK for approximately $7.8 billion in cash, plus the assumption of $1.4 billion in net debt. The transaction is expected to close in the first half of 2018 and is subject to customary closing conditions, including regulatory and Orbital ATK shareholder approval. Continue reading →
After a summer of speculation, United Technologies Corp (UTC) and Rockwell Collins announced that they have reached a definitive agreement under which UTC will acquire Rockwell Collins in a cash and stock transaction valued at $30 billion. Continue reading →
Despite drawing equal amounts of praise and ire, the F-35 program is in a continual process of progressing as the airframe surpasses 100,000 hours of flight time. An expensive piece of kit, the aircraft has conjured up arguments as to whether it is suitable in today’s military environment and if the price is commensurate with performance. Any aviation forum site chosen is rife with F-35 discussions; however, one aspect that seems to get less attention is the F135 turbofan engine that powers the fighter. Continue reading →
Forecast International is pleased to announce the launch of a newly enhanced U.S. Defense Budget Forecast database, now featuring the ability to track major program spending and identify winners and losers within every Pentagon budget request. FI’s budget database provides quick access to DoD request and forecast budget data, justification documents, congressional markups, and more. The Pentagon’s massive weapons spending plan can be sorted by value, with options for filtering programs by appropriation title (R1/P1), service, and appropriation account. Continue reading →
Boeing’s KC-46 Pegasus tanker program will be a key revenue driver for the firm. Image: Boeing
Recent reports of significant layoffs by Boeing have proven to be of little concern to Wall Street investors, who shrugged those actions off as an efficiency move. Not only that, Boeing stock rose dramatically to a new high last week, and during a two-day period jumped 28 points, sending the Dow Jones Average to a new all-time high. Continue reading →
On May 16, 2017, Boeing delivered its newest narrowbody jet, the 737 MAX 8, to Malaysia-based Malindo Air (Batik Air Malaysia), which will be the first customer to put the MAX into commercial service. Photo Courtesy The Boeing Co
Boeing and Airbus delivered 75 and 64 commercial jets in June 2017, respectively, compared to 74 and 64 during the same month last year. This year to date, Boeing has delivered 352 jets (375 by this time last year), while Airbus has delivered 306 (298 in 2016). In 2016, Boeing delivered 748 jets (762 in 2015), in line with company expectations, while Airbus surpassed its delivery target of 650 jets by handing over 688 jets during 2016 (635 in 2015). Continue reading →
The completion of the biennial Paris Air Show marks a time when orders are tallied and success is measured. The battle for orders between Airbus and Boeing is not new; however, with each airframe sold, suppliers also reap the rewards, particularly engine manufacturers. Continue reading →