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Lockheed's tanker would have been a variation on Airbus's A330 Multi Role Tanker Transport. Airbus now plans to respond to the Air Force's tanker request.
A 767-sized airplane with 50 percent better fuel efficiency than current transports might be of great interest to airlines and the Air Force - if it works as advertised.
The United States and Israel are conducting the latest iteration of their bilateral Juniper Oak military exercise. The intention is to deter Iran from further moves toward weapons-grade purity enrichment of its uranium stocks. Still, Tehran is unlikely to be intimidated.
Boeing projects a global demand for 42,600 new commercial jets by 2042, worth an estimated $8tn. The Asia-Pacific markets are projected to account for over 40% of the global demand, with China representing half of that total.
With more than 70 percent of the planned fleet already ordered, the plane is still a financial burden.