Author: Jamie Bennet|| Date Published: May 8, 2023
A partnership between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary booked a three-year, $482.3 million contract modification to manufacture additional CMV-22B Osprey aircraft for the U.S. Navy.
The fixed-price-incentive award expands the scope of Bell Boeing Joint Project Office’s existing contract to supply four more units of the military tiltrotor platform, the Department of Defense announced Friday.
Work will occur in various locations within and outside the continental United States, including Texas, New York, Pennsylvania and Utah.
Naval Air Systems Command acted as the contracting activity and will obligate $213.8 million in fiscal 2023 aircraft procurement funds on the award.
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…
Merlin, an aerospace and defense technology company, has appointed former PsiQuantum executive Mark Brunner as chief revenue officer. What Will Mark Brunner Oversee?…
Fortreum has acquired Kovr.AI, an AI-native cybersecurity compliance platform, to combine automated compliance capabilities with independent assessment services for federal…