boeing

Boeing announces plans to make fewer 777s

EVERETT, Wash. (AP) — Boeing has announced plans to make fewer 777s starting next summer.The Daily Herald reports ( http://bit.ly/2hnwFxd ) the aerospace giant plans to cut production from the current rate of just over eight airplanes a month to five a month in August 2017. The decision likely will mean some job cuts in Everett, where the 777 is assembled, though how many and when is not clear.

Iran says it's finalized $16.6B Boeing deal to buy 80 planes

TEHRAN, Iran (AP) — Iran says it has finalized a $16.6 billion deal with Boeing to purchase 80 passenger planes, a deal made possible by last year's landmark nuclear agreement.The state-run IRNA news agency said Sunday that 50 Boeing 737s and 30 Boeing 777s would be delivered over the next decade, in the biggest agreement to be struck with an American company since the 1979 revolution and U.S. Embassy takeover.

Air Force Awards Tanker Contract To Boeing

After a long and arduous decision process that pitted two of the biggest aircraft manufacturers against each other, the Air Force awarded the $3.5 Billion contract to manufacture its next generation aerial refueling tanker to the Boeing Co.