Boeing CEO to Paris Air Show Crowd: There’s ‘Still No Timetable’ for 737 Max Return

The Paris Air Show, which kicked off today, is an event to talk deals, crow about new orders and show off new aircraft designs, particularly as the buzz around electrification and hybrid-electric intensifies. But the focus on Day One was squarely on Boeing and the state of its downed 737 MAX airliners with a contrite […]

Here’s How the United Technologies-Raytheon Merger Could Make Life Even Harder for Boeing

President Trump, activist investor Bill Ackman, and antitrust experts are just a few of the parties that have expressed concern about the proposed all-stock merger-of-equals between United Technologies and Raytheon. It would create an aerospace-and-defense powerhouse with combined revenue of $74 billion. But should Boeing, the world’s largest aerospace company with $101 billion in annual […]

United Technologies and Raytheon to Combine to Form New Defense Giant

United Technologies Corp. agreed to buy Raytheon Co. in an all-stock deal, forming an aerospace and defense giant with $74 billion in sales in one of the industry’s biggest transactions ever. The new entity will be called Raytheon Technologies Corp. when the deal closes in the first half of 2020, after United Technologies completes the […]

Honeywell CEO Says He’s “Bullish” On Boeing 737 Max Airplane

Honeywell CEO Darius Adamczyk says he is “hopeful” that Boeing’s beleaguered aircraft, the 737 Max, will get back in service by summer. He believes the aerospace company is close to resolving the tech problems that caused two deadly crashes in March and grounded the planes all around the world. This is a critical week for […]