Boeing 737 MAX Takes Flight Again An American Airlines Boeing 737 MAX airliner took to the skies for a short flight from Dallas, Texas to Tulsa, Oklahoma on December 2, as part of a Boeing publicity event hailing the return of the jet to service. The plane carried about 90 people, including journalists, flight attendants, and American Airlines employees, making the 45-minute jaunt the first time the 737 has flown since the first half of 2019 with members of the public on board. According to the AP, American Airlines plans on returning the 737 to normal service December 29 with round trips from New York to Miami. The publicity event comes about two weeks after FAA Administrator Steve Dickson, asserting he was “100% comfortable” with the plane’s flightworthiness, signed an order rescinding the FAA order that grounded the plane in March 2019. Dickson, a trained pilot, flew the plane personally before rescinding the grounding order November 18.
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A Z MANUFACTURING SW • 66 • Jan / Feb 2021 Boom’s internal studies suggest a demand for as many as 1,800 commercial supersonic aircraft by 2035. But aviation analyst Rich‑ 2
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After Calhoun took Boeing’s reins in January, he announced a timetable that would have seen the 737 MAX return to the skies in time for the summer. In any ordinary year, summer is the hottest time for travel. In 2020, though, the COVID-19 pandemic became another huge stumbling block for Boeing, which saw already-depressed deliveries as airlines without passengers cut back andBest canceled orders 3plummet Phoenix Businesses Make ‘Forbes’ Small for new planes. Source: IW Staff Companies List The business publication listed Grand Canyon Education Inc., as the Raytheon Intelligence & Space to acquire seventh best small company, while Cavco Industries Inc. came in at No. Blue Technologies 13 and Inventure FoodsCanyon Inc. was 33rd.
Raytheon Technologies has signed a definitivethat agreement acquire Forbes ranked the 100 best small companies had been to publicly privately held Blue Canyon Technologies, a leading provider of small traded for at least a year, generated annual revenue between $5 million satellites and spacecraft Closure of the acquisition, and $1 billion, and hadsystems a stock components. price no lower than $5 a share. The expected by early is subject to the completion customary rankings were based2021, on earnings growth, sales growth andofreturn on conditions approvals. Blue Canyon Technologies will equity in theand pastregulatory year and over five years. Stock performance over the report into Raytheon Intelligence & Space upon closing. last year also was factored into the ranking. Fromspace Oct. 1,market 2013, to 1, 2014, Grand Canyon’s were $641 “The is Oct. rapidly expanding and our sales customers need million. The for-profit Christian university posted sales growth of 28 comprehensive solutions faster than ever before,” said Roy Azevedo, percent and earnings per share growth of 54 percent over the past president of Raytheon Intelligence & Space. “What makes Blue Canyon five years. Technologies the right fit for our business is its agile, innovative culture and expertise in small satellite systems and technologies. This Cavco brought in $539 million for the year ended Oct. 1. The factoryacquisition enables us to deliver a broader range of solutions to support built home manufacturer reported earnings per share growth of 88 our customers’ space missions – from sensing subsystems to mission percent over the past five years, but only a 4 percent increase in return systems integration and from launch and range support to on-orbit on equity for that period. operations.” Inventure posted $253 million with in sales for the year. The specialty Based in Boulder, Colorado more thanpast 200 employees, Blue food marketer and manufacturer posted 14 percent sales growth, 19 Canyon Technologies was founded in 2008. The company currently percent in satellites earnings per share and a 12and percent return on missions equity has moregrowth than 90 in production, has supported overthe theU.S. past five for Air years.Source: Force, NASAPhoenix and the Business Defense Journal Advanced Research Projects Agency.
CPI Fell 0.3% In November, “The Most Since December 2008