Boeing has sold airplane parts to Iran Air, national flag carrier of Iran, for the first time since the 1979 hostage crisis between Iran and the US,Anatolian News Agency reported Thursday.
Boeing has stated in a report that it generated approximately $120,000 in revenues and overall $12,000 net profits during the third quarter of 2014 from Iranian contracts.
"During the third quarter of 2014, we sold aircraft manuals, drawings, and navigation charts and data to Iran Air," Boeing’s quarterly report stated.
Boeing hasn’t supplied to Iran since 1979 after sanctions were imposed on its aviation industry.
The US government issued a license allowing Boeing to provide aircraft spare parts that are for safety purposes to Iran in April this year. Boeing is still not allowed to sell new planes to Iran.
The company said the parts were purchased "consistent with guidance from the US government in connection with ongoing negotiations between the “P5+1 nations” the U.S., Britain, China, Russia, France and Germany and Iran related to, among other things, the safety of Iran’s civil aviation industry."
The company added that it may engage in additional sales to Iran in the future.
In November 1979, months after the establishment of the Islamic republic, Iranian students stormed the US embassy in Tehran and took 52 diplomats hostage and held them captive for 444 days. After the incident US applied tough sanctions to Iran and lasting until today.
Talks between Iran and the P5+1 have led to a deal calling for Tehran to scale back its nuclear activities in exchange for the easing of economic sanctions. The talks have been running since last November.
Iran inaugurated a new production line for three indigenously manufactured radar systems including “Hafez”, IRNA news agency reported October 19. Iran's Deputy Defense Minister Brigadier General Amir Hatami was present during the inauguration in the southern city of Shiraz
Iran is developing three domestically-designed helicopters including a radar-evading chopper, according to Iran Press TV. The helicopters are being made by Iran Helicopters Logistics and Renovation Organization (IHLRO), affiliated with Iran's Civil Aviation Organization (CAO)
A new generation of short-range marine missiles and aerial drones were unveiled by Iran on Sunday, as President Hassan Rouhani said its military doctrine was based on deterring and countering threats from unnamed foreign powers. The IRNA news agency said the Ghadir missile, with a range of 100 kilometers (62 miles), is designed to engage marine targets
The Indian Air Force is set to prolong the operational life of trainer aircraft Kiran, Defense Minister Arun Jaitley said in Parliament Tuesday. The IAF has not been able to resolve critical wing and airframe design and development issue relating to developing the Intermediate Jet Trainer (IJT) as a replacement for Kiran aircraft
The Iraq Air Force reportedly received over a dozen of Sukhoi Su-25 ground attack aircrafts from Russia to reinforce its forces in their battle against militant offensive. In a video released on Wednesday by the defense ministry, three Sukhois shown landing are likely from Iran, media reports reported
Iran announced Monday that it has successfully flight-tested a copy of a US reconnaissance drone captured in 2011. The RQ-170 Sentinel was downed by Iranian electronic warfare systems, which convinced the aircraft to land in Iran instead of its designated home military base after it entered the countrys airspace from neighboring Afghanistan
Boeing has proven its new anti-jamming communications technology is capable of operating as either a ground-based user terminal or satellite-based networking hub, enabling the military to send and receive secure communications at a significantly lower cost by using existing terminals and satellites. The anti-jam technology uses a protected tactical waveform, which shields signals from interference by adversaries or cyber-terrorists
Boeing and six Danish defense companies signed agreements to jointly pursue a range of business opportunities in defense and aerospace-related manufacturing, maintenance, software and simulation integration, and other areas Friday. The agreements with Danish Aerotech, Falck Schmidt Defence Systems, IFAD, Multicut, Systematic and Terma are key elements of Boeings industrial plan related to its F/A-18 Super Hornet offering to Denmark
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