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Boeing restructures defence division
/Boeing has announced a significant restructure in its defense businesses, with its Integrated Defense Systems (IDS) division to be renamed as Boeing Defense, Space & Security. CEO of the renamed unit, Dennis Muilenburg, says the changes will better position Boeing for growth in an evolving defence and security market. “Boeing anticipated flattening defence budgets and shifting
Read moreQuickstep appoints new CFO
/Perth based Quickstep Holdings Limited has appointed former Boeing executive John Johnson to the position of chief financial officer. Johnson has held senior positions including commercial manager of finance (divisional CFO) Hawker de Havilland; financial controller (divisional CFO) ASTA Components; assisted as manager for the Defence Integrated Distribution System project team for BAE Systems; and
Read moreBoeing releases 2009 figures
/Boeing has released its 2009 sales and delivery figures which show a dramatic drop in new aircraft sales compared to the records of recent years, although it did meet its delivery target for the year. In 2009, Boeing recorded 263 new commercial aircraft orders but only 142 net orders after cancellations were taken into account.
Read moreCuts to JSF program flagged
US Defense Secretary Robert Gates has proposed cuts to the planned F-35 JSF production ramp up in order to free up additional funds for the struggling aircraft’s development program. The cuts, proposed in a document signed by Gates on December 23 and leaked to Bloomberg, would see as many as 122 F-35s cancelled from the
Read moreUAE orders six C-17s
/The United Arab Emirates has ordered six Boeing C-17 transports. The order, confirming an initial announcement made in 2009 for four , makes the UAE the second Middle Eastern country to acquire the aircraft after Qatar, which has two C-17s on strength. “The C-17 will give the UAE the ability to perform a variety of
Read moreIndonesia’s Wings Air takes first ATR 72-500s
The first three of up to 30 ATR 72-500 turboprops have been delivered to Indonesian regional carrier Wings Air. Wings Air, a subsidiary of fast growing Lion Air, has ordered 15 ATR 72-500s and holds options on a further 15 72-600s.
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