Boeing announced on Tuesday that it is moving the headquarters of its Missile Defense Division from Arlington, Virginia, to Huntsville, Alabama. Boeing plans to start by shifting division management and support functions, such as Human Resources and Finance, and may transfer between 40 and 50 employees by the end of the year.”Boeing already has 3, 200 highly skilled employees and numerous program partners in Alabama, ” said Greg Hyslop, Vice President and General Manager for Boeing Missile Defense Systems. “Bringing our missile defense headquarters to Boeing’s Huntsville site demonstrates the importance of those operations to Boeing, both now and in the future.” Read the full press release.
Northrop Grumman (NYSE: NOC) has received a potential $141M task order to provide targeting pods for the U.S. Air Force.
Range Generation Next, a joint venture of General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN), has secured a $122.3M contract modification to continue helping the U.S. Air Force maintain, operate and sustain launch facilities in California and Florida.