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Search Results for: Aurora

Boeing Closes Aurora Flight Sciences Buy

Boeing (NYSE: BA) has wrapped up its purchase of Aurora Flight Sciences for an undisclosed amount to further the aerospace and defense contractor’s autonomous technology development efforts. Chicago-based Boeing said Wednesday Aurora will retain its business name and join the former’s engineering, test and technology group. Both companies first announced the deal in …

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Aurora Flight Sciences Vet Mark Cherry Joins Boeing as Phantom Works VP; Leanne Caret Comments

Mark Cherry, president and chief operating officer at Manassas, Virginia-based autonomous systems maker Aurora Flight Sciences, has been appointed to succeed Darryl Davis as vice president of Boeing’s (NYSE: BA) Phantom Works technology arm. Davis, who served as head of Phantom Works for a decade, will transition into a program management …

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Greg Hyslop: Boeing Makes Autonomous Tech Push Through Aurora Flight Sciences Buy

Boeing (NYSE: BA) has agreed to buy Aurora Flight Sciences for an undisclosed sum as part of efforts to accelerate the development of autonomous technology for aerospace vehicles. Chicago-based Boeing said Thursday it would integrate Aurora into the aerospace and defense contractor’s engineering, test and technology segment upon closing of the acquisition. Greg Hyslop, chief …

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USAF Picks Northrop, Aurora Flight Sciences for $499M Aerospace Vehicle R&D IDIQ

Northrop Grumman (NYSE: NOC) and Aurora Flight Sciences have won positions on a potential eight-year, $499 million contract from the U.S. Air Force to research, develop and demonstrate aerospace vehicle systems designed to deliver weapons, cargo and other payloads to warfighters. The Air Force Research Laboratory received six proposals for …

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DARPA Awards Aurora Flight Sciences $89M Contract to Continue VTOL X-Plane Development

Aurora Flight Sciences has been awarded an $89.4 million contract to further develop an unmanned vertical-takeoff-and-landing aircraft for the second and third phases of the Defense Advanced Research Projects Agency‘s VTOL X-Plane program. DARPA received three offers for the acquisition program and is obligating $53.4 million in research and development funds at the time of award, the …

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DARPA Selects Lockheed, Sikorsky, Aurora Flight Sciences for Multi-Aircraft Autopilot R&D Project

Aurora Flight Sciences, Lockheed Martin (NYSE: LMT) and Sikorsky have been awarded contracts to design, build and demonstrate an aircraft automation technology for the Defense Advanced Research Projects Agency. DARPA said Tuesday the companies will work to develop an Aircrew Labor In-Cockpit Automation System that can be tailored to support …

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AE Industrial Partners to Buy Rotocraft Services Provider Columbia Helicopters

Private equity firm AE Industrial Partners has agreed to acquire heavy-lift rotorcraft manufacturing and operations services provider Columbia Helicopters for an undisclosed amount. AEI said Thursday Columbia Helicopters CEO Steve Brandy will continue to serve in his position and Nancy Lematta will keep her majority share as part of the transaction.

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HPE Strikes $1.3B Cash Deal for Cray; Antonio Neri, Peter Ungaro Quoted

Hewlett Packard Enterprise (NYSE: HPE) has agreed to acquire Cray (Nasdaq: CRAY) for approximately $1.3B in cash, or $35 per share, in a move to expand high-performance computing technology offerings. HPE said Friday it expects the deal to conclude by the first quarter of its fiscal year 2020 and to …

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