The deal is worth at least $2.5 billion at list prices, Reuters previously reported, and notches a win for Boeing against European rival Airbus, which was in talks with JAL on the bestselling A320neo narrowbody jet. JAL President Yuji Akasaka told reporters the company intended to bring the new planes into its fleet from 2026. The range and fuel efficiency of the 737 MAX will reduce carbon emissions by 15% compared to the planes they are replacing, he said.
Lockheed (LMT) can procure long-lead materials, parts, components and associated support for the production of nine F-35C aircraft from the 17th lot.
Boeing (BA) clinches a $1.95-billion modification contract for Apache AH-64E production.