Boeing aircraft intended for Chinese airlines return to U.S.
Rep. Byron Donald, R-Fla. discusses 84% Chinese retaliatory tariffs on US goods participating in “Varney & Co.” Chinese airlines have begun returning Boeing aircraft to the US, according to Reuters. Saturday’s return occurred shortly after the airline ordered the airline to stop the US from delivering further delivery of Boeing aircraft, with China imposing a […]
Chinese government tells airlines to halt Boeing order amid tariff wars
R-Calif. Rep. Darrell Issa of the president discusses trade negotiations with more than 100 countries in “The Evening Edit.” Chinese airlines have been ordered not to deliver further Boeing aircraft in response to the US, which is leviing a 145% tariff on the US, according to Bloomberg news. Just before 7am on EST, Boeing’s pre-market […]
Boeing CEO Kelly Ortberg to testify about ‘serious missteps’ in Senate hearing
President Donald Trump has said the F-47 will be the most advanced and capable deadly aircraft ever built. Fox Business' Edward Lawrence reports on the latest addition to the US military. Boeing CEO Kelly Autoberg will appear before a Senate committee on Wednesday to testify on how plane manufacturers can improve safety standards after several […]
Boeing ordered to face June 23 fraud trial over 737 MAX crashes after plea deal collapse
A federal judge on Tuesday suddenly set a June 23rd trial date in a Justice Department criminal fraud case against Boeing, arising from allegedly misrepresenting plane makers against U.S. regulators over a critical system on the 737 Max. In July, Boeing agreed to plead guilty to criminal fraud conspiracy charges after two fatal 737 maximum […]
Judge orders a June trial for US government's felony case against Boeing
A federal judge in Texas set the June trial date for a long-standing US government conspiracy case against Boeing against misleading regulators over the 737 largest jet liner before two planes crashed and 346 people died. US District Judge Reed O'Connor did not explain why he decided to file a lawsuit for trial in a […]
Judge sets trial date in Boeing 737 MAX fraud case
Please see what you are clicking on foxbusiness.com. A US judge on Tuesday set abruptly a trial date for June 23 in a Justice Department criminal fraud case against Boeing, arising from allegedly misrepresenting the plane maker to US regulators regarding the 737 Max critical system. In July, Boeing agreed to plead guilty to criminal […]
Boeing to build next-generation F-47 fighter jets in $50B deal
The Trump administration has shocked industry observers by opting for aerospace company Boeing to build the next-generation US F-47 fighter jets, beating competitor Lockheed Martin. The Pentagon awarded Boeing a contract for the most ambitious and expensive jetfighter program, despite Boeing not successfully introducing new commercial and military aircraft for over a decade. The decision […]
Boeing scores government deal, sees cash flow improving in welcome week
President Donald Trump chose the aerospace giant to build the next generation of aviation control platforms. Boeing took a break this week with two good news that sent its stock price by over 10% over the past five days. The US Air Force selected the aerospace giant on Friday to build and deliver the next […]
Whistleblower’s Family Sues Boeing for Wrongful Death
The family of John Burnett, a whistleblower who allegedly committed suicide after raising safety concerns about the airline's factory, filed an illegal death lawsuit against the company. Reportedly, Burnett shot He himself was at the temple of his truck in the South Carolina hotel parking lot last year, days after harsh testimony for a lawsuit […]
Boeing wins multibillion-dollar F-47 contract
Welcome to Hill's Defense & Natsec Newsletter {beacon} defense&National Security defense&National Security Big story Boeing wins a multi-billion dollar F-47 Fighterjet contract The Pentagon awards it Next-Generation Air Force Fighter Aircraft Contract President Trump announced on Friday. ©Getty Dominating the next generation of air The program, also known as the (NGAD) F-47 fighter jet, […]