HEADLINES:
Turkish Boeing 747 cargo plane crashes in Kyrgyzstan with 37 onboard; all killed । Astronaut Gene Cernan, 82, the last man to walk on moon, passes away । India marks Army Day । President, Prime Minister and Defence Minister greet the Army । Army Chief Gen Bipin Rawat takes salute at the impressive Army Day Parade । Gen Rawat says India wants peace but if attempts are made to disrupt it, then “we will display our power” । He says emphasis is on newer technology weapons and systems for the Army । Space connectivity is also high on Army’s agenda । This is the 69th Army Day, marking the time when an Indian Chief, Gen KM Cariappa took over the command after Independence । Indian Navy launches its second Kalvari class submarine INS Khanderi in Mumbai । India Strategic wishes all its readers and viewers a very Happy New Year । India successfully test fires Agni 5 long range missile | IAF gets Government approval for one more C 17 strategic Lift aircraft | IAF has got 10 C 17s, but had initially planned for more than 20 | Lack of timely approval made IAF slash figure to three but by then Boeing closed factory | IAF will get the last one in production | Syrian government of President Assad takes full control of Aleppo | Lt Gen Bipin Rawat appointed the next Army Chief and Air Marshal BS Dhanoa the Air Chief | The appointments are effective December 31 afternoon | Both are Vice Chiefs of Staff at present in their respective Services | 48 killed in a PIA ATR-42 aircraft crash in Pakistan | The twin-engine propellor aircraft was on way from Chitral to Islamabad | India marks Navy Day | Prime Minister Narendra Modi greets all Navy personnel, and salutes their bravery on Indian Navy annual day | PM Modi, Afghan President Ashraf Ghani jointly inaugurate Heart of Asia Ministerial Conference at Amritsar (India) Dec 4 | Need of the hour is to identify terrorism and bring stability in the region, says PM Modi | India’s commitment to Afghan is absolute, Mr Modi said addressing 6th HoA Ministerial Conf | Afgan Prez accused Pakistan of sheltering terror, and thanked India of financial aid | HoA Conf began at Amritsar Dec 3 | INS Vikrant likely to be operational in 2018 | Vikrant to operate both Russian MiG-29K and Western origin Aircraft | Indian Navy to mark 2017 as the year of submarine: Adm Lanba | Gujarat-cadre officer Rakesh Asthana to take over as CBI Director after Anil Sinha, who retires Dec 2 | Gen Qamar Javed Bajwa is Pakistan’s new army chief | Gen Bajwa took over from Gen Raheel Sharif Nov 29 | The outgoing chief stressed all should work together “against external and internathreats” | Plane carrying Brazilian football team crashes in Colombia | Cuba’s revolutionary leader Fidel Castro dies. He was 90. | Castro had challenged the US might and invited Soviet presence next door to the US | US-Cuban relations have normalized now after half a century | Defence Minister Manohar Parrikar Commissions INS Chennai into Indian Navy Nov 21 | INS Chennai is a Project 15A Guided Missile Destroyer | This is the 3rd and last ‘Kolkata’ class destroyer indigenously designed by DND and constructed by MDL, Mumbai | India successfully tests nuclear capable Prithvi-II missile in Odisha | India becomes associate member of European Organization for Nuclear Research (CERN), Geneva | Defence Minister Manohar Parrikar inducts four Indigenous Naval Systems | The 4 Indigenous Naval Systems – ABHAY, HUMSA UG, NACS and AIDSS – were indigenously developed by DRDO | These Indigenous Naval Systems will boost underwater surveillance capability of the Indian Navy | India, Japan sign Civil Nuclear Deal | The Deal signed during PM Narendra Modi’s visit to Japan Nov 10-11 | With this Deal, Japan is able to export N-technology to India for peaceful uses | PM Modi calls the Deal “a historic step to build a clean energy partnership between India, Japan” |
January 18, 2017
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Boeing, Iran Air Announce Agreement for 80 Airplanes

$16 billion milestone agreement includes widebody, single-aisle aircraft
December 2016
 

SEATTLE. Boeing and Iran Air announced an agreement December 11 for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices.

Based on its Memorandum of Agreement (MOA) with Iran Air announced in June, the contract was reached within the terms of the US Government license issued to Boeing in September.

Boeing coordinated closely with the US Government throughout the process leading up to the sale and continues to follow all license requirements as it moves forward to implement the sales agreement.

Today’s agreement will support tens of thousands of US jobs directly associated with production and delivery of the 777-300ERs and nearly 100,000 US jobs in the US aerospace value stream for the full course of deliveries. The first airplanes under this agreement are scheduled for delivery in 2018.

Boeing and its more than 13,600 US supplier and vendor partners across all 50 states are proud to ensure America continues to lead in global aerospace and to create jobs and opportunities in communities across the nation. Boeing’s US supply chain currently supports more than 1.5 million US jobs.

The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 MAX will be 14 percent more fuel efficient than today’s most efficient Next-Generation 737s. The first 737 MAX is scheduled to enter service in 2017.

The 777-300ER is the most fuel and cost-efficient airplane in its class as well as the most reliable twin-aisle aircraft in the world. It also has the highest cargo capacity of any passenger airplane. To date customers worldwide have ordered more than 800 777-300ERs.

The 777X builds on the passenger-preferred and market-leading 777, as well as offering more market coverage and revenue capability than the competition. The 777X will include new engines, an all-new composite wing and will leverage technologies from the 787 Dreamliner. The first 777X is scheduled to enter service in 2020.

The order will be posted on Boeing’s Orders & Deliveries website as contingencies are cleared.

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