An unnamed buyer has ordered 125 Boeing 737 Max 8 aircraft in a deal worth $14 billion at list prices. The "major airline customer" has an option for an additional 50 planes, Boeing says.
Aircraft, unmanned systems and surveillance technology are in high demand worldwide, demand that will benefit US companies, says Aerospace Industries Association President and CEO David Melcher, speaking on the sidelines of the Paris Air Show. He cited the overall trend of growth in foreign military sales, anticipating a rise in 2017.
The election of Donald Trump to the White House has not slowed the global demand for weapons and technology, and the US remains the "partner of choice," says Heidi Grant, the Air Force's deputy undersecretary for international affairs. Aerospace Industries Association Vice President for National Security John Luddy says US companies have been well-received at the Paris Air Show.
Japan is seeking US support for Japan's selling of used aircraft to countries in Southeast Asia. "TC-90s are gone -- already sold, so we're now exploring other components from used helicopters and other used aircraft," said Japanese official Takahiro Yoshida on the sidelines of the Paris Air Show.
At the Paris show this week, GE Aviation and its joint ventures have received orders totaling more than $31 billion and 1,700 engines. Orders that involve CFM International account for $27.3 billion.
A new proposal in the House of Representatives would exempt Part 91 and Part 135 aviation from user fees to pay for an independent air traffic control authority. The proposal is included in legislation to reauthorize the Federal Aviation Administration.
Small satellites could provide a secondary option for the US military in the event of a space war, according to companies developing smallsat launch technology. The current satellite system is "no longer resilient to threats and probably cannot operate through a contested military environment," said Steve Nixon of Stratolaunch.
Former congressmen Scott Garrett and Spencer Bachus have been nominated to the board of the US Export-Import Bank. The Aerospace Industries Association has been a strong supporter of giving Ex-Im the quorum required to finance large deals, with AIA President and CEO David Melcher citing the importance of the financial vehicle for US companies that do business in overseas markets.
Boeing is on the hunt for a major defense contract following the reorganization of its Defense, Space & Security business. High-profile US programs such as the Joint Surveillance Target Attack Radar System, T-X and ground-based strategic deterrent are all on Boeing's radar.
Hypersonic weapons developed by Russia and China pose a real threat to the US, and it is time to invest in systems to counter this threat, according to Raytheon. The company has invested heavily in developing hypersonic technology.
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