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Boeing Co., the Chicago-based aerospace and defense corporation, announced on Friday that it plans to increase production of its 777 and 747 aircraft amidst strengthening demand from the airline industry. “We see 2010 as the year of overall economic recovery within the industry and 2011 a year where airlines return to profitability,” said Randy Tinseth, Boeing’s vice president of marketing. “As a result, we anticipate an increase in demand for airplanes in 2012 and beyond.” [click to continue…]

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After staging an impressive recovery in 2009 to claw back significant losses incurred during the recent recession, the aerospace and defense sector has hit a few speed bumps early in 2010, as potentially negative developments both home and abroad threaten to sap demand. [click to continue…]

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While there are great concerns about the Obama administration’s views towards military spending, many external threats seem unlikely to dissipate in the coming decade, meaning that the aerospace & defense sector may be one of the most stable American industries. Since military goods are among the few products that are still made primarily on American [...]

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Millions of Iranians headed to local polling places on Friday to participate in the most heated presidential race since the founding of the Islamic Republic 30 years ago. The passions of Iranians surrounding this election have been evidenced by numerous (mostly peaceful) rallies and demonstrations spilling into the streets throughout the country in recent days. [...]

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