Boeing arrives at Paris Air Show
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Lockheed Martin and Boeing said on Monday they are positioning themselves to secure a significant share of U.S. President Donald Trump's Golden Dome missile defense system, as competition intensifies over what could become one of the world's largest defense contracts.
Airbus (OTCPK:EADSF) (OTCPK:EADSY) emerged as the early frontrunner at the 2025 Paris Air Show, unveiling major aircraft orders from two Saudi Arabian buyers with a combined potential value of up to $17 billion,
Boeing Co. said it’s made more progress in the past four to five months on the long-delayed new presidential aircraft than at any point in the last four years as it identifies ways to streamline the complex program.
The Paris Air Show takes place this week, but the Air India incident with a Boeing 787 Dreamliner on June 12 will likely cast a cloud over the event, typically dominated by blockbuster jet orders, and put safety back at the heart of the discussions.
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French authorities closed a handful of Israeli firms' stalls at the Paris Air Show, citing a decision to ban "offensive weapons" being displayed amid the Gaza war.
Airbus first landed an order for as many as 77 freighter and passenger aircraft from Saudi Arabian lessor AviLease, followed by a deal for as many as 50 of its A350-1000 widebody jets from Riyadh Air.
Airbus secured major orders on day one of the Paris Air Show as Boeing scaled back its presence following the Air India crash.
Geopolitical tensions roiled the opening of the Paris Air Show on Monday as French authorities sealed off Israeli weapons industry booths amid the conflicts in Iran and Gaza, a move that Israel condemned as "outrageous".
French authorities closed a handful of Israeli firms' stalls at the Paris Air Show, citing a decision to ban "offensive weapons" being displayed amid the Gaza war.