New York (AirGuideBusiness - Aerospace & Defense News - Defense North America) Oct 20, 2013
Boeing Boeing still hopeful in South Korea fighter jet bid. Boeing has not given up hope of selling fighter jets to South Korea, despite the fact that Seoul has relaunched the process that initially appeared to favor Boeing's F-15. "What they decided to do was to delay and take another look, so we're still very much engaged there with the F-15. That competition has been delayed and restructured but it's not over," said Dennis Muilenburg, the head of Boeing's defense unit. Oct 18, 2013
Boeing Boeing focuses on Latin America for defense orders. Boeing is looking to Latin America as an emerging market for space and defense products. Excluding Brazil, Boeing predicts Latin America could account for sales of several billion dollars. Boeing is focusing on Mexico, Colombia, Chile and Peru. "Those are not the only countries where we see opportunities, but we do see at least in the near term, probably the greatest needs in those four customer communities," said Roberto Valla, vice president of international business development for the Americas at Boeing's defense, space and security unit. Oct 17, 2013
Boeing Inspector general questions Boeing charges for helicopter parts. The Pentagon's inspector general has raised concerns over Boeing charges for helicopter parts in four audits since 2008. Boeing installed used parts instead of new parts on some CH-47F Chinook helicopters, the inspector general found. "The bottom line is that using reworked parts rather than new parts increased BoeingOs profit," said Bridget Serchak, a spokeswoman for the inspector general. Oct 15, 2013
Lockheed Martin Spending slowdown prompts Lockheed to cut 600. Lockheed Martin is cutting about 600...