The joint venture of Boeing (NYSE: BA) and Textron's (NYSE: TXT) Bell subsidiary has secured a potential five-year, $379.4M contract to perform maintenance work on the V-22 Osprey multirole combat aircraft for the U.S. Air Force, Navy and Marine Corps.

Boeing (NYSE: BA) has received a contract from U.S. Transportation Command to improve and sustain a logistics software application designed to automate military load planning and monitor cargo across ground, aerial and maritime domains for the Department of Defense.

A joint venture between Boeing (NYSE: BA) and Textron’s (NYSE: TXT) Bell subsidiary has received a three-year, $146M contract modification to help the U.S. Navy update and maintain MV-22 Osprey aircraft as part of the Common Configuration-Readiness and Modernization program.

A new McAleese & Associates report says Boeing’s (NYSE: BA) defense, space and security business recorded $7B in sales during the second quarter of 2019, reflecting a 2 percent increase from the prior-year period.

John Richardson, a retired U.S. Navy admiral and two-time Wash100 award recipient, has been elected to the board of directors of Boeing (NYSE: BA). He will serve on the newly formed aerospace safety committee and on the board’s special programs committee, Boeing said Friday.

The U.S. Air Force announced Tuesday that the Boeing-built (NYSE: BA) KC-46A Pegasus refueling tanker aircraft officially entered into the initial operational test and evaluation phase, FlightGlobal reported Thursday.

Ted Colbert, formerly chief information officer and senior vice president of information technology and data analytics at Boeing (NYSE: BA), has been named president and CEO of the company’s global services business. He succeeds Stan Deal, who replaces Kevin McAllister as president and CEO of Boeing’s commercial airplanes business, the company said Tuesday.

Boeing (NYSE: BA), StandardAero and AAR Corp. (NYSE: AIR) have secured one-year contract modifications worth  $412.9M combined to continue providing support services for P-8A Poseidon maritime patrol planes of the U.S. Navy, Australia and other foreign military customers.

NASA has chosen Boeing (NYSE: BA) to manufacture up to 10 core stages and eight upper stages to power the  Space Launch System on the agency's third to 12th deep-exploration missions under the Artemis program.

David Calhoun, independent lead director at Boeing (NYSE: BA), has been elected to serve as non-executive chairman after the aerospace and defense company’s board decided to separate the chairman and CEO roles in an effort to strengthen the firm’s safety management practices and governance.