Boeing Awarded $296M for Lot 2 Poseidon Plane Parts

Boeing Logo w-border
Boeing (NYSE: BA) has been awarded a $295,643,284 contract to start acquiring parts to produce 12 P-8A Poseidon planes for the U.S. Navy and Australia. The advance acquisition contract includes $152,043,495 in purchases for the U.S. Navy and $143,599,789 in foreign military sales funds for sales to Australia, the Defense Department said Thursday. This contract covers long-lead items for the second...

State Dept OKs $2B Boeing AWACS Upgrade Deal for Saudi Arabia

Contract
Saudi Arabia plans to modernize its fleet of Boeing-built (NYSE: BA) airborne warning and control systems aircraft through a $2 billion foreign military sales deal approved by the U.S. State Department. The government of Saudi Arabia is buying 5 AWACS Block 40/45 mission computing upgrade kits and 20 AN/UPX-40 friend or foe identification platforms from the U.S. government, the Defense Security Cooperation...

Army Awards Vertical Lift Helicopter Prototype Contracts to Bell, Boeing-Sikorsky Team

Helicopter Radar
The U.S. Army has selected Bell Helicopter and a team of Boeing (NYSE: BA) and Sikorsky to build demonstrator rotorcraft prototypes under phase one of the branch’s Joint Multi Role technology demonstration program, Aviation Week reported Tuesday. Amy Butler and Graham Warwick report the program is a precursor to the Army’s planned Future Vertical Lift Medium (FVL-M) program to acquire...

Tory Bruno Joins United Launch Alliance as President, CEO; Rick Ambrose, Craig Cooning Comment

Tory-Bruno
Tory Bruno Tory Bruno, formerly vice president and general manager of strategic and missile defense systems at Lockheed Martin (NYSE: LMT), has joined the United Launch Alliance as president and CEO. Bruno succeeds Michael Gass, who has retired after eight years of service as president and CEO of the joint venture owned by Boeing (NYSE: BA) and Lockheed, ULA said Tuesday. “We’re grateful for...

Sikorsky-Boeing Team to Develop Helicopter for US Army Demo Program; Mick Maurer Comments

Mick-Maurer
Mick Maurer Sikorsky Aircraft Corp. and Boeing (NYSE: BA) will jointly develop a helicopter for the first phase of the U.S. Army’s joint multi-role technology demonstrator program. The Sikorsky-Boeing team will continue its work to build the SB>1 Defiant medium-lift helicopter and configure it to Sikorsky’s X2 coaxial design, Sikorsky said Tuesday. Both companies have schedule flight testing...

Boeing’s Insitu Subsidiary Promotes Ryan Hartman to President, CEO; Steve Nordlund Comments

Ryan Hartman
Ryan Hartman Ryan Hartman, formerly senior vice president for Insitu programs at the Boeing (NYSE: BA) subsidiary, has been promoted to president and CEO after Steve Morrow announced his retirement. Boeing said Wednesday Hartman will lead Insitu’s work to carry out its business plan and will be responsible for employees in Washington and Oregon. Steve Nordlund, vice president for unmanned...

Jon Hunsberger: Boeing Wins $250M to Update NATO Warning, Control Aircraft Systems

Boeing Logo w-border
Boeing (NYSE: BA) has been awarded a $250 million contract to modernize flight decks and avionics equipment on NATO airborne warning and control system aircraft. The company will integrate digital technology into 13 NATO AWACS planes through the engineering and manufacturing development contract, Boeing said Tuesday. Jon Hunsberger, a Boeing program manager, said the systems upgrade is intended to...

Boeing Awarded $65M Army Loading System, Ballistic Protection Kit

boeing logo
Boeing (NYSE: BA) has won a $65.4 million contract to provide ballistic protection equipment for the U.S. Army. The firm-fixed-price contract, which involved an online bidding process, is for over 400 pieces of cargo on/off loading system A and B kits and another 22 COOLS ballistic protection system kits, the DoD said Tuesday. The Army Contracting Command, the contracting activity, has earmarked $65,358,994...

Boeing Builds Plan to Sell Spare Parts to Iran Air

boeing logo
The United States moved closer to renewing trade ties with Iran following Boeing’s (NYSE: BA) announcement that it plan to sell aircraft components to the Islamic republic’s flag carrier, the Wall Street Journal reported Thursday. Benoit Faucon writes the contractor has agreed to produce spare parts and related safety equipment for Iran Air’s airplane fleet. Discussions on a possible sale are...

The U.K. Interested in Procurement of Maritime Surveillance Aircraft

maritime security
The U.K. defense ministry is considering procurement of maritime patrol aircraft when the department conducts a strategic defense review in 2015, Reuters reported Thursday. Sarah Young and Andrea Shalal write the U.K. military’s need for maritime surveillance aircraft could open up a multi-billion dollar competition among MSA manufacturers. Robin Southwell, Airbus Group‘s U.K. CEO, has...