According to the Department of Defense, “the Missile Defense Agency is announcing the award of a sole-source cost-plus- fixed-fee modification to Boeing (NYSE: BA) under Contract HQ0147-09-C-0007 (P00028). The not-to-exceed value of the award is $27, 242, 000. Under this modification, The Boeing Company will provide support for the Sea Based X-Band Radar shipyard maintenance efforts. The work will be performed at Todd Pacific Shipyard in Seattle, WA. The period of performance is from March 2011 through September 2011. Fiscal year (FY) 2011 Research, Development, Test and Evaluation funds will be used to incrementally fund this effort in the amount of $10, 400, 000. The Missile Defense Agency is the contracting activity (HQ0147).”
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.