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Saab upgrading bid for Brazil FX-2 contest
WASHINGTON, Sept. 22 (UPI) -- The U.S. Department of Defense said it has ordered 11 new jets from Boeing Co. at a cost of $1.9 billion.
The contract is an extension of a previous contract, which produced 13 P-8A jets for the U.S. Navy that are designed to search for submarines, The Wall Street Journal reported Saturday.
The Navy has already said the contract is likely to extend to a total of 117 P-8A jets which would replace its aging fleet of P-3 Orion propeller planes.
The P-8A is a single-aisle jet that is a modified 737-800 jet, the Journal reported.
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| Additional Business News Stories | |
WASHINGTON, May 22 (UPI) --
Maintaining a flat level of natural gas production from U.S. shale deposits is an elusive prospect, an energy policy director told U.S. lawmakers.
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SANTIAGO, Chile, May 21 (UPI) --
More than $4 billion of cash reserved for Chilean military procurement remains unspent because of mysterious workings of funding arrangements.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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