Edition:
United States

Alwyn Scott

Jan 20 2017

Rockwell Collins sees defense market uptick, small 777 impact

Aviation electronics maker Rockwell Collins Inc's defense business is "really busy right now," reflecting a new emphasis on defense spending, Chief Executive Officer Kelly Ortberg said on Friday.

Jan 20 2017

GE looks for sharp cut in corporate tax rate under Trump

General Electric Co is seeking a sharp cut in corporate tax rates under President Donald Trump but is bracing for U.S. sales of medical equipment to suffer if Congress delays changing U.S. healthcare laws.

Jan 20 2017

Machinists seek union vote for Boeing South Carolina workers

SEATTLE The International Association of Machinists and Aerospace Workers said it planned to petition on Friday for about 2,850 workers at Boeing Co's assembly plant in South Carolina to vote on union representation.

Jan 19 2017

Exclusive: Spirit AeroSystems mulls sending U.S. supply chain jobs overseas

SEATTLE Spirit AeroSystems Holdings Inc , a major supplier to aircraft maker Boeing Co , is considering outsourcing up to 85 U.S. supply chain jobs, possibly to a company overseas, according to three people familiar with the plan.

Jan 17 2017

Boeing CEO sees 'near term' plane deal after Trump meeting

Boeing Co's chief executive said on Tuesday that he and President-elect Donald Trump "made progress" on lowering the cost of the Air Force One presidential aircraft fleet and on a potential sale of Boeing fighter aircraft, and suggesting a deal could be struck soon.

Jan 10 2017

Boeing internal memo sets details of engineer layoffs in 2017

SEATTLE Boeing Co warned on Tuesday that it will conduct involuntary layoffs of engineers, part of a cost-cutting drive as the aerospace and defense company responds to increasing competition amid slowing aircraft sales.

Jan 10 2017

Boeing, lobby group team up to defend $8.7 billion in state tax breaks

SEATTLE A dispute over $8.7 billion in Washington state tax breaks is heating up after Boeing Co joined a new lobbying group set up to preserve the industry incentives, the biggest in U.S. history.

Jan 10 2017

Boeing joins group lobbying to keep $8.7 billion in tax breaks

SEATTLE, Jan 10 Boeing Co has joined a new coalition lobbying to preserve $8.7 billion in tax breaks that Washington state gave its aerospace industry in 2013, the group said.

Jan 06 2017

Boeing's 2016 orders lowest since 2010, deliveries hit target

SEATTLE Boeing Co fell 80 planes short of its goal for new orders in 2016, but likely clinched the title of world's biggest planemaker for another year.

Jan 04 2017

Boeing wins $8.8 billion in 737 MAX orders, still short of goal

SEATTLE Boeing Co said on Wednesday it had booked firm orders for 80 of its 737 MAX 8 aircraft, valued at $8.8 billion at list prices, upping its 2016 tally but leaving it short of its goal.

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