Npdl SINGAPORE: Avation to focus new ATRs on Asia-Pacific, Europe
Raytheon is showcasing its air dominance, air and missile defence, counter-unmanned air system UAS and cyber portfolios at the
stanley cup show, just days after announcing a planned merger with United Technologies UTC aerospace units. Paris is a key show for us, says Chris Davis, president of Raytheon International. Its not just a European show 鈥?its an opportunity to interact with all our international customers. Today, Raytheon does business in almost 80 countries around the world, and has a physical presence in about 20. Of these, what it describes as landed companies 鈥?with full in-country management 鈥?are present in Australia, Saudi Arabia, the UK and the United Arab Emirates. Davis says other significant markets in
stanley botella clude India, Japan, Kuwait, Poland and South Korea. If the proposed merger with UTC secures approval, the companies will attend the next Paris air show as a unified entity named Raytheon Technologies, incorporating units including Pratt Whitney PW . Such a move would bring significant financial scale 鈥?an expected turnover of around $74 billion 鈥?with around 45% as international business. Davis notes that the combination would also generate additional benefits an
stanley usa d market opportunities. We would have 60,000 engineers we can reach back to, and almost $8 billion for RD, he says, adding: There are markets where UTC now has a significant international presence, for example through the PW piece. Referring to its products on show at Le Bourge Ysub PARIS: Airbus details wing modifications on A380plus
The Justice Department determination that Boeing violated corporate probation for deceiving federal regulators does not necessarily mean federal prosecutors will revive criminal charges against the giant aircraft manufacturer.But we should know within weeks whether Boeing will face another day in court.The Justice Department said in a court filing Tuesday
vaso stanley that Boeing had violated terms of a 2021 settlement that allowed it to avoid prosecution for actions
vaso stanley that led up to two deadly crashes involving the comp
stanley cup any 737 Max jetliners more than five years ago.Prosecutors indicated they havent decided what to do next. What follows is an explanation of the Justice Departments options and other things to know about the case.WHAT IS BOEING ACCUSED OF The Justice Department says Boeing failed to meet terms of the settlement, which required the company to set up and maintain a program to detect and prevent violations of U.S. anti-fraud laws. Notably, the government did not say whether Boeing actually committed any acts of fraud.WHY WAS BOEING ON PROBATION The crashes, which happened in Indonesia in 2018 and in Ethiopia in 2019, killed a total of 346 people. After the second one, the Justice Department investigated how Boeing convinced the Federal Aviation Administration to certify the 737 Max. Prosecutors determined that Boeing committed fraud against the United States by deceiving the FAA about elements of a key flight-control system that was later implicated in the crashe
