Author: Nichols Martin|| Date Published: December 26, 2019
Boeing (NYSE: BA) has received a one-year, $400M contract modification to engineer B-1 Lancer and B-52 Stratofortress bomber planes for the U.S. Air Force.
The company will continue to provide recurring and non-recurring engineering services at multiple USAF stations under the modification, the Department of Defense said Monday.
DoD noted the original contract’s potential value is $800M.
Locations of work include Edwards AF Base in California, Tinker AFB in Oklahoma and Barksdale AFB in Louisiana.
The Air Force Life Cycle Management Center is obligating $36M in fiscal 2020 operations and maintenance funds at the time of award.
Boeing will also update B-1and B-52 weapons systems under a separate $14.31B contract awarded in April.
Shield AI has agreed to acquire simulation software company Aechelon Technology as part of efforts to expand its technological capabilities. The San Diego-based…
SentinelOne, a company specializing in artificial intelligence security, has promoted Barry Padgett to president and chief operating officer. The appointment takes effect…
Anduril Industries and Palantir Technologies are helping develop software for the potential $185 billion Golden Dome next-generation missile defense shield,…
