787 dreamliner

GE plans to sell its aircraft electronics to Chinese companies, and if you don't have a problem with that, maybe you should. After all, China just tested a prototype stealth fighter, it continues to build up its military -- and we can only hope it's not planning to expand its territory in ways that threaten the U.S.

Based on a Seattle Times report, it looks likely that the 787 -- already three years late -- is saddled with enormous technical problems that could delay it two more years and cost Boeing $12 billion, 120% more than its original budget.

It has been just over three years since the media first saw the shell of the 787 Dreamliner, and since then, Boeing has missed deadline after deadline with plane. Now looks poised to miss another. But will this be the aircraft's last delay?

The Defense Department announced Thursday that Raytheon received an order from the Naval Air Systems Command for aircraft weapons systems worth about $9 million, and Boeing received a $25 million modification to an existing contract.

As I posted, Boeing (BA) is opening a plant in South Carolina to help build its 787 Dreamliner -- the up to 330-passenger aircraft whose scheduled delivery date has been delayed six times. BusinessWeek reports that Boeing is investing $750 million in that plant and expects to pay the workers there...

Shares of Apple Inc. (AAPL) were higher in trading ahead of Wall Street's opening, following a near 9-point gain on Tuesday. The Cupertino, Calif.-based computer maker reported stellar earnings earlier in the week and announced several new computer models on Tuesday, along with a new type of...

Boeing (NYSE: BA) already has its share of self-created problems. Its new flagship, the 787 Dreamliner, has had its launch delayed five times, which continues to eat into the aircraft company's earnings. The fall-out from the Dreamliner mess is spreading. The Wall Street Journal reports that the...

The watchwords for the 2009 Paris Air Show? A pair of 'Bs' – belt-tightening and Boeing. Airline manufacturers are belt-tightening amid airline cutbacks and order cancellations and deferments, and with good reason, MarketWatch reported Monday: the International Air Traffic Association...