Boeing sees heightened demand for aircrafts from Southeast Asian countries

Airbus and Boeing see an increase in the demand for short-haul aircrafts for this region where low-cost carriers are aggressively servicing consumers’ demand for air travel. On Friday, Boeing Co stated it has increased its 20 year forecast for Southeast Asian demand by 460 aircraft. This marks the largest jump for any region in the…

Boeing wins $409 million contract to develop next-gen technologies

Boeing’s focus will be on developing thermal power and its corresponding control systems. The Pentagon has disclosed, Boeing Co has been awarded a a $409 million Air Force contract for developing next-generation thermal power and control systems as part of a government and industry joint effort to develop revolutionary and innovative technologies.

Boeing undertakes new cost cutting measures, lays off more engineers

The development underscores increased competition in the U.S. aircraft manufacturing market. As per source familiar with the matter at hand, Boeing Co has notified its employees that it has planned for another round of involuntary layoffs which will see hundreds of engineers at its commercial airplanes unit leave their jobs. This latest job cut by…

Boeing to use 3D printing for its modular satellites

The new manufacturing method could not only save significant costs but also benefit from an improved technological upgrade cycle. Known for manufacturing huge, gigantic satellites that cost a bomb, nearly $150 million, aerospace giant Boeing plans on adopting new production practices which could significantly lower its production costs. The Wall Street Journal has reported, Boeing plans…