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Stock Market & Financial Investment News

News Breaks
August 13, 2014
06:09 EDTUTX, BABoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
News For BA;UTX From The Last 14 Days
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June 16, 2015
11:59 EDTUTXKorean Air selects Pratt & Whitney's PurePower engines
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10:51 EDTBABoeing announces Korean Air intent to purchase 30 737 MAXs
Boeing and Korean Air announced the airline's intent to purchase 30 737 MAXs and two additional 777-300ER jetliners, with options for an additional 20 737 MAXs. The agreement is valued at approximately $3.9B at current list prices. Boeing will work with Korean Air to finalize the order, at which time the order will be posted to the Orders & Deliveries website, Boeing stated.
09:29 EDTUTXSikorsky Aircraft to deliver seven S-92 helicopters to Bristow Helicopters
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09:14 EDTUTXSMBC Aviation Capital selected Pratt & Whitney's engine for thirty Airbus
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07:43 EDTBABoeing and Minsheng sign MOU for purchase of thirty 737 airplanes
Boeing and Minsheng Financial Leasing signed a Memorandum of Understanding, or MOU, at the Paris Air Show for the purchase of thirty 737 airplanes, a mix of Next-Generation 737 and 737 MAX airplanes.
07:17 EDTBABoeing awarded $3.2B order by Ruili Airlines for thirty 737 MAXs
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06:10 EDTUTX, BAAirbus, Boeing, Lockheed among companies eyeing Sikorsky, WSJ says
Guillaume Faury, the president of Airbus Helicopters (EADSY), is said to be watching United Technologies' (UTX) plan to offload its Sikorsky unit, though Airbus has not committed to making a bid for its rival, The Wall Street Journal reports. United Tech said yesterday that it will sell or spin off Sikorsky, which makes Black Hawk helicopters, within the next two months. Sources say that in addition to Airbus potentially being interested in Sikorsky, there is also interest coming from Lockheed Martin (LMT), Boeing (BA) and Textron (TXT). Reference Link
05:53 EDTBABoeing, SMBC Aviation Capital announce order for 10 737 MAX 8s
Boeing and SMBC Aviation Capital announced an order for 10 737 MAX 8s today at the Paris Air Show. This deal adds to a 2014 order placed by the lessor for 80 737 MAX 8s for a total of 90 on order.
05:52 EDTBABoeing remains on track to deliver 750-755 airplanes
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05:50 EDTBABoeing, AerCap announce order for 100 737 MAX 8s
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05:46 EDTBABoeing and Sriwijaya Air announce order for two next-gen 737-900ERs
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05:42 EDTUTXPratt & Whitney and OEM collaborators signs agreement formalizing MRO network
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05:40 EDTUTXWizz Air receives Pure-V recognition for fleet of 120 V2500 engines
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05:39 EDTUTXSAS selects V-services for 50 V2500 engines
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05:39 EDTUTXAir New Zealand extends V2500 engine maintenance agreement with Pratt & Whitney
Air New Zealand has signed a Maintenance Services Agreement extension with the Pratt & Whitney Christchurch Engine Centre to maintain its fleet of 58 V2500 engines for an additional five years supporting the airline's Airbus A320 operations. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines. This announcement follows Air New Zealand's recent selection of Pratt & Whitney's PW1100G-JM engines for 13 firm A320neo family aircraft and provision of fleet management support services for up to 16 years.
05:37 EDTUTXPratt & Whitney enters long term agreement with Levitt Engineering
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05:36 EDTUTXWizz Air selects V2500 engine for 17 aircraft order
Wizz Air has selected the V2500 engine to power a new fleet of 17 previously announced Airbus (EADSY) A321ceo family aircraft. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney (UTX), Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines. This new order supplements an existing order for 179 V2500 engines, bringing the new total number of V2500 engines in Wizz Air's fleet to 213, including spares. The agreement also includes a long-term flight hour agreement.
05:36 EDTUTXPratt & Whitney initiates testing for PurePower PW1900G test engine
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05:34 EDTBA, UTXUTC Aerospace Systems extends long term CARE agreement with Japan Airlines
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05:33 EDTUTXUTC Aerospace Systems CARE program selected by Beijing Capital, Tianjin Airlines
UTC Aerospace Systems has been selected to provide asset management and repair services for components on 44 aircraft operated by Beijing Capital Airlines and Tianjin Airlines. The work will be provided under UTC Aerospace Systems' Comprehensive Accessory Repair and Exchange program. As part of the agreement, UTC Aerospace Systems will provide inventory support and maintenance, repair and overhaul services for the two airlines' Airbus A320 fleet. The 10-year agreement includes support of more than 40 engine accessories on the Pratt & Whitney V2500 engines.
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