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Search Results for: Boeing

Boeing Temporarily Suspends Puget Sound Production Operations in Response to COVID-19 Pandemic; David Calhoun Stated

Boeing (NYSE: BA) announced Monday a temporary suspension of production operations at its Puget Sound area facilities because of the state of emergency in Washington state and the company's continuous assessment of the accelerating spread of the coronavirus in the region to ensure the health of employees, families and the local community.

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Bell, Sikorsky-Boeing Team Awarded Army Future Assault Aircraft Demo, Risk Reduction Contracts

The U.S. Army has awarded contracts to Textron’s (NYSE: TXT) Bell subsidiary and a team of Boeing (NYSE: BA) and Lockheed Martin’s (NYSE: LMT) Sikorsky business to proceed with the competitive demonstration and risk reduction effort for the Future Long-Range Assault Aircraft program, Defense News reported Monday.

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Boeing Lands $800M Navy Contract Modification for Lot 11 Long-Lead Poseidon Materials

Boeing (NYSE: BA) has secured an $800M contract modification with the U.S. Navy to obtain long-lead materials and services needed to build an 11th batch of P-8A multimission maritime planes. The award is intended to address advanced procurement requirements to manufacture eight P-8A aircraft for the service branch as well as four planes for New Zealand and another six for South Korea, the Department of Defense said Friday.

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Boeing, Lockheed Get $431M in Space Force Contracts for Satcom Payload Development

The Space Force has awarded a $240M contract to Lockheed Martin (NYSE: LMT) and a $191M contract to Boeing (NYSE: BA) to develop payloads to help the service branch secure military satellite communications. The two companies will help the new service branch develop Protected Tactical Satcom payloads for a family-of-systems architecture designed to provide anti-jam, beyond line-of-sight communications to tactical warfighters, the U.S. Air Force said Tuesday.

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