Industrial machinery production - which represents $1.6tr of the $3.8tr global industrial capital expenditure spending in 2013 - is the area to be most dramatically affected by advancing 3D printing technology, says Alex Chausovksy, senior principal analyst, industrial automation, at IHS.
Even in the worst-case scenario, there will be a rising demand for freighter aircraft over the next 20 years, according to the most recent forecast by Seattle's Air Cargo Management Group (ACMG).
Boeing and Commercial Aircraft Corp. of China (COMAC) have opened a demonstration facility that will turn waste cooking oil, commonly referred to as "gutter oil" in China, into sustainable aviation biofuel. The two companies estimate that 500 million gallons (1.8 billion liters) of biofuel could be made annually in China from used cooking oil.
Amid all the fine financial news Boeing can tout - a record order backlog, robust profit margins, a higher profit outlook - one of the airplane maker’s dreariest performers continues to be its highest-tech, most fuel-efficient product: the 787 Dreamliner.
Three days after U.S. warships fired 47 cruise missiles at Sunni militant targets in northern Syria, the Pentagon signed a $251m deal to buy more Tomahawks from Raytheon Co., a windfall for the military giant and its many subcontractors.
U.K.-based aerospace manufacturing and logistical services firm Daher Aerospace is managing its fleet of reusable containers via a radio frequency identification solution provided by Waer Systems Ltd.
NASA on Tuesday awarded a pair of much-anticipated contracts, worth up to $6.8bn combined, to ferry astronauts to the International Space Station to Boeing and SpaceX in a deal that would allow the U.S. to launch astronauts into space from U.S. soil for the first time in years.