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The charity status of the foundation allowed Hughes Aircraft to avoid taxes on its huge income. In 1961, the two Aerospace Group divisions were reformed as Hughes Space and Communications Company . Hughes Space and Communications Company launched the first geosynchronous communications satellite, Syncom , in 1963.
Boeing Global Services (BGS) is a division of The Boeing Company. It provides aftermarket support, such as maintenance and upgrades, to customers who purchase equipment from the company's other divisions, Boeing Commercial Airplanes and Boeing Defense, Space & Security , or other manufacturers.
The Boeing Building (formerly known as the Boeing International Headquarters and previously to that as the Morton-Thiokol International Building) is a 36-floor skyscraper located in the Near West Side of Chicago. The building, at 100 North Riverside Plaza, is located on the west side of the Chicago River directly across from the downtown Loop.
Boeing is resuming production of its bestselling plane, the 737 Max, for the first time since 33,000 workers began a seven-week strike that ended in early November. The company said Tuesday that ...
For the quarter, Boeing reported top line revenue of $22.02 billion vs. $21.07 billion expected, according to Bloomberg consensus estimates. Boeing's commercial sales revenue for Q4 came in at $10 ...
In 1952, Boeing began developing the Boeing 367-80, to demonstrate the advantages of jet propulsion for commercial aviation.Nicknamed the "Dash 80," the prototype rolled out of the Renton factory in May 1954 and would become the basis for two different production aircraft: the military KC-135 Stratotanker and the 707, the first successful commercial jetliner.
The Federal Aviation Administration is giving Boeing 90 days to come up with a plan to fix quality problems and meet safety standards for building new planes. The agency said Wednesday that the ...
Since the FY2021 NDAA, Congress has appropriated nearly $300 million in development funds, including $76.4 million for the first contracts in 2021. [16] The Air Force requested substantially greater funding in FY2024, asking for $888.8 million. [17] As of the FY2024 funding request, the program is expected to cost $8.3 billion between FY2022 to ...