Chuck Dabundo Named Boeing Military Aircraft Chief Engineer, VP in Leadership Reorg

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Boeing (NYSE: BA) has promoted four of its executives to new positions within its military aircraft business and the promotions are scheduled to take effect April 1. Chuck Dabundo, who has led the H-47 transport helicopters program since January 2013, will move to the role of group chief engineer and also serve as vice president of engineering for military aircraft, Boeing announced Friday. Stephen...

Aviation Services Firm NTA Moves to Employee-Owned Structure

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Aviation services firm National Technologies Associates has concluded a recapitalization initiative by implementing a 100-percent employee stock ownership plan. The company aims to take advantage of tax benefits as an employee-owned firm and free up cash flow that it can invest in business expansion efforts, according to a statement from Bluestone Capital Partners, who advised NTA on the recapitalization...

Amy Hopkins, Thomas Laux to Help Lead New Northrop Aerospace Systems Org

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Amy Hopkins, a former Senate Intelligence Committee staffer, and former Deputy Assistant Navy Secretary Thomas Laux have joined Northrop Grumman (NYSE: NOC) as directors of a new organization under the aerospace systems sector. Hopkins will lead tactical planning and research initiatives and Laux will develop mission support programs for the business and advanced systems development group, Northrop...

SRA Building AF Aircraft Tracking System; George Batsakis Comments

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George Batsakis SRA International has won a potential five-year, $29 million contract to help the U.S. Air Force build an information technology system for tracking aircraft parts, tools and support equipment. The Fairfax, Va.-based company will develop and integrate products aimed at automatically capturing, aggregating and transferring data on aircraft through machine-readable devices, SRA said Friday. SRA’s...

Boeing Names Ralph Meoni Head of New Electronic Division, Shifts Exec Roles

Ralph Meoni Boeing (NYSE: BA) announced Wednesday it is rotating seven executive assignments within the defense, space and security segment, with all moves effective Jan. 1. Shelley Lavender The company said these rotations are part of a growth and affordability strategy started in 2010, which has led to $2.2 billion in savings, according to the release. Ralph Meoni will serve as vice president and...

Boeing Defense, Security & Space 2Q Revenue Grows on Higher Volume

Boeing Co. (NYSE: BA) reported financial results for the second quarter of its 2012 year Wednesday, reporting revenue growth in both of its major businesses compared to the same period in 2011. Quarterly Defense, Security & Space revenue grew 7 percent over the second quarter of 2011 as: military aircraft revenue rose 13 percent to $4.13 billion on higher delivery volume global services and support...

Boeing Defense, Space, Security Earnings Rise on Military Aircraft, Global Services

Boeing Co. (NYSE: BA) on Wednesday released financial results for the fourth quarter of 2011. The company’s defense, space and security unit earned $865 million on $8.471 billion in quarterly revenue, 6 and 4 percent increases over results from the fourth quarter of 2010, respectively. Military aircraft and global services and support operations drove growth, as network and space systems profit...

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