According to the Department of Defense, “Boeing (NYSE: BA) was awarded a $12, 355, 455 modification to a previously awarded firm-fixed-price contract (N00019-08-C-0050) for additional Mid-Wave Infrared Unmanned Aerial Systems, intelligence reconnaissance surveillance services in for the 1st Marine Expeditionary Force combat missions in support of Operation Enduring Freedom. Work will be performed in Bingen, Wash. (65 percent), and St. Louis, Mo. (35 percent), and is expected to be completed in May 2011. Contract funds will not expire at the end of the current fiscal year. The Naval Air Warfare Center Aircraft Division, Lakehurst, N.J., is the contracting activity.”
Nadia Carlsten, former director of commercialization at the Department of Homeland Security and program manager of its cybersecurity division, has joined Amazon (Nasdaq: AMZN) as head of strategy and operations, G2Xchange ETC reported Monday.
Boeing (NYSE: BA) forecasts the aerospace and defense market to reach $8.7T and defense and space opportunities to hit $3.1T in the next 10 years as government agencies adopt new technologies, update military systems and expand maritime and space exploration.