Boeing bets that faster is better than bigger

Article Abstract:

Boeing Co had decided to put on hold the development of its proposed 747X superjumbo jet and instead pursue a new midsize jet capable of flying very long routes at near the speed of sound. The new jet, comparable in size to a twin-aisle 767, will feature seats for 100 to 300 passengers, range exceeding 9,000 nautical miles and cruising altitude of 41,000 feet. It will also fly 20% faster than existing jet models.

Product information, Aircraft, Boeing Co.

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Lockheed fighter jet takes $200B prize

Article Abstract:

Although Lockheed Martin won the more than $200 billion contract to build 3,000 Joint Strike Fighters, Boeing vowed to share some of the wealth from the deal.

Contracts & orders received, Fighter Aircraft, Abstract, Lockheed Martin Corp., Fighter planes, LMT, Boeing Aerospace Co.

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