Advertisement
 
YOU ARE HERE: LAT HomeCollectionsAerospace Industry Contracts
IN THE NEWS

Aerospace Industry Contracts

BUSINESS
June 17, 2000 | JAMES F. PELTZ, TIMES STAFF WRITER
Boeing Co.'s troubled Delta rocket program got a boost Friday by winning a sizable portion of a long-term contract to build launchers for the National Aeronautics and Space Administration. The pact not only extends NASA's long-established use of the Delta family of launchers for planetary and other scientific missions, it also helps preserve thousands of Delta design and engineering jobs at Boeing's plant in Huntington Beach.
Advertisement
BUSINESS
March 20, 2000 | LAURENCE M. CRUZ, ASSOCIATED PRESS
Striking Boeing engineers and technical workers approved a new contract Sunday, ending one of the biggest white-collar walkouts in the country's history. Members of the Society of Professional Engineering Employees in Aerospace planned to return to work at this morning following their 40-day strike. Nearly 10,000 of 13,440 eligible, dues-paying union members cast ballots.
BUSINESS
March 18, 2000 | STANLEY HOLMES, TIMES STAFF WRITER
A Boeing contract offer on Friday appeared to have settled the bitter 38-day strike by thousands of engineers and technical workers, but the largest white-collar walkout in U.S. history could still have some lasting consequences for the aerospace giant. More than 50% of the commercial-airplane deliveries are behind schedule and development progress on some military aircraft programs has been slowed.
BUSINESS
March 2, 2000 | Reuters
Boeing Co. told its striking engineers union that contract talks are at an impasse, bringing the aerospace giant one step closer to attempting to impose contract terms on 18,000 workers. The Society of Professional Engineering Employees in Aerospace released a facsimile letter from Boeing's chief negotiator, Geoff Stamper, citing the union's refusal to submit Boeing's final proposal to members for a vote.
BUSINESS
December 31, 1999 | From Bloomberg News
Lockheed Martin Corp. has received three contracts valued at about $1.5 billion for production of the F-22 stealth fighter jet, the Air Force said Thursday. Bethesda, Md.-based Lockheed received a $1.23-billion contract to build six more F-22 fighters for testing and a $275-million down payment for another 10. A third contract, valued at $115 million, was awarded for overall continuing manufacturing of the test stealth aircraft.
CALIFORNIA | LOCAL
December 7, 1999
Hawker Pacific Aerospace, Sun Valley, has signed a five-year, $5.7-million contract with China Southern Airlines, Guangzhou, China for landing gear overhaul services for the airline's fleet of B-757s. Hawker repairs and overhauls landing gear, braking systems and other components for the aerospace industry.
BUSINESS
December 2, 1999 | From Bloomberg News
Northrop Grumman Corp. will receive up to $80 million by March 1 in a settlement announced Wednesday with the U.S. Air Force on contract claims related to the Joint Surveillance Target Attack Radar System aircraft. The settlement includes $76.9 million plus about $3 million in interest, which will be paid within 90 days by the U.S. Treasury's Judgment Fund, said Maj. Chet Curtis, an Air Force spokesman.
BUSINESS
October 28, 1999 | Associated Press and Bloomberg News
El Al Israel Airlines Ltd. decided to split an aircraft order between Boeing Co. and Airbus Industrie, allowing the European plane maker to crack the fleet of a prominent all-Boeing customer. El Al gave Boeing an order valued at about $400 million to supply three of its long-range 777s. But the carrier also plans to order three or four Airbus A-330-200 jets to replace some of its Boeing 767s, El Al spokesman Nachman Kleinman said. Israel Radio said the Airbus 330s will cost $250 million.
BUSINESS
October 27, 1999 | Associated Press
Boeing Co. and machinist union negotiators reached tentative agreement on a new three-year contract that would provide a pay raise and increased benefits to nearly 2,200 employees in California and Florida. The company and representatives of the International Assn. of Machinists and Aerospace Workers District 725 reached the proposed agreement hours after returning to the bargaining table.
Los Angeles Times Articles
|