Boeing

By John Terrett in Americas on October 21st, 2010
Photo by EPA
The Obama administration announced on Wednesday potentially the largest overseas arms sale in US history.

Saudi Arabia has been given the green light to buy up to $60bn of weaponry from key US arms manufacturers.

On the Saudi shopping list is 84 new Boeing F-15 fighter jets, widely used in Iraq and Afghanistan, plus upgrades for the 70 they already own. The F-15 is not the newest fighter out there but the Saudis will get the same specification as recent US sales of similar aircraft to South Korea and Singapore.

By Abid Ali in Business on July 19th, 2010
Photo by AFP

Boeing’s 787, or Dreamliner, touched down at the Farnborough air show in southern England. The plane is the future of air travel - that's why Airbus is building its own carbon-composite version.

 

Farnborough is the biggest shop window for the aircraft makers and defence companies.

Dubai's Emirates agreed to buy 30 of Boeing’s 777-300 wide-body planes worth almost $9 billion.

But the biggest deals will come from the not-so glamorous leasing companies owned by a few names you may be familiar with; General Electric, Royal Bank of Scotland and AIG.

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