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Report: Saudi Arabia to Buy $7B in Precision-Guided Munitions From Raytheon, Boeing

Saudi Arabia will purchase precision-guided munitions from Boeing (NYSE: BA) and Raytheon (NYSE: RTN) under an agreement worth approximately $7 billion, Reuters reported Thursday. Sources told Reuters the proposed deal was part of a potential $110 billion package of weapons sales agreements that President Donald Trump and Saudi King Salman …

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Boeing, MDA Load 44th Interceptor Onto Missile Defense System Silo in Alaska

TYSONS CORNER, VA, Nov. 10, 2017 — Boeing (NYSE: BA) has collaborated with the Missile Defense Agency to load the 44th interceptor onto the Ground-Based Midcourse Defense system located at Fort Greely in Alaska, ExecutiveBiz reported Wednesday. The company said Tuesday the installation marks the completion of a Defense Department goal …

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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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Boeing Picks L3 to Help Design Capabilities for Navy’s Extra Large UUV

TYSONS CORNER, VA, Nov. 3, 2017 — Boeing (NYSE: BA) has added L3 Technologies (NYSE: LLL) to a team that the former will lead in efforts to develop an extra large unmanned undersea vehicle under a potential $42.3 million contract from the U.S. Navy, ExecutiveBiz reported Thursday. L3 said Thursday its …

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Boeing’s HorizonX Eyes Autonomous Tech for Ground, Aerial Vehicles Via New Investment

TYSONS CORNER, VA, Oct. 23, 2017 — Boeing (NYSE: BA) has moved to explore new autonomous technologies for aerial and ground vehicles through its investment in Carnegie Mellon University spinoff Near Earth Autonomy, ExecutiveBiz reported Friday. The investment by Boeing’s HorizonX ventures arm seeks to advance the development of autonomous …

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Boeing, Lockheed Secure Design Work on Navy’s Extra Large UUV Program

TYSONS CORNER, VA, Oct. 19, 2017 — Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are working to develop designs for an extra large unmanned undersea vehicle after the U.S. Navy awarded the companies two separate contracts for the program, ExecutiveBiz reported Wednesday. USNI News reported Tuesday the service branch has …

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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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Boeing Secures $240M Contract for Saudi Air Force AWACS Tech Upgrades

Boeing (NYSE: BA) has received a potential $240.2 million contract from the U.S. Air Force to support the first phase of the Saudi Arabian air force’s airborne warning and control system modernization program. The Defense Department said Monday Boeing will modernize AWACS communications, mission computing and navigation systems as well as …

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State Dept Clears Kuwait’s $343M Follow-On Boeing C-17 Logistics Support Request

Kuwait has requested follow-on logistics support for the country’s C-17 military transport aircraft from the U.S. government through a potential $342.6 million foreign military sales transaction. The Defense Security Cooperation Agency said Friday the deal covers the provision of an additional three years of two C-17 support and equipment to the Kuwaiti air …

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