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Search Results for: Boeing

Boeing Secures $223M Army FMS Contract Funds for Saudi CH-47F Helicopter Production

Boeing (NYSE: BA) has received a $222.5 million contract modification from the U.S. Army to build and deliver eight CH-47F helicopters to Saudi Arabia’s land forces aviation command. The Army Contracting Command obligated the full modification amount at the time of award from fiscal 2017 foreign military sales funds, the Defense Department …

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Boeing, Northrop Win $678M in USAF Contracts for Ground-Based ICBM Tech Maturation Work

The U.S. Air Force has awarded a $349.1 million contract to Boeing (NYSE: BA) and a $328.6 million contract to Northrop Grumman (NYSE: NOC) to perform technology maturation and risk reduction work for the Ground-Based Strategic Deterrent intercontinentinal ballistic missile program. The Air Force Nuclear Weapons Center in Utah received three bids for …

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Navy Eyes Boeing, General Atomics, Lockheed, Northrop for Carrier-Based Drone Tanker Effort

TYSONS CORNER, VA, Aug. 21, 2017 — Boeing (NYSE: BA), General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are expected to submit proposals to the U.S. Navy for the development of an unmanned aerial refueling tanker that operates with an aircraft carrier, ExecutiveBiz reported Friday. USNI News reported …

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Report: India OKs $655M Boeing Apache Helicopter Buy

India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday. India’s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support. The decision came nearly two years after the country’s cabinet gave …

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Air Force Raises Boeing C-17 Sustainment IDIQ Ceiling by $7B

Boeing (NYSE: BA) has secured $7.13 billion in additional funds to continue to help sustain the U.S. Air Force‘s fleet of C-17 Globemaster III military transport aircraft under a contract modification. The Defense Department said Monday the modification raises the ceiling value of a previously awarded indefinite-delivery/indefinite-quantity contract following an increase in …

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Boeing Adds Former US Ambassador to Japan as Board Member

TYSONS CORNER, VA, Aug. 14, 2017 — Boeing (NYSE: BA) has added Caroline Kennedy, former U.S. ambassador to Japan, to its board of directors where she will serve on the  audit and finance committees, GovCon Executive reported Friday. The company said Thursday Kennedy brings professional, diplomatic and global perspectives to the board …

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Boeing-General Dynamics Team Unveils Modified Stryker With SHORAD Capability

TYSONS CORNER, VA, Aug. 11, 2017 — Boeing (NYSE: BA) and General Dynamics‘ (NYSE: GD) land systems business have demonstrated a reconfigured Stryker armored vehicle equipped with the Avenger short-range air defense unit at the Space & Missile Defense Symposium, ExecutiveBiz reported Thursday. Defense News reported Wednesday the team unveiled the Manuever SHORAD Launcher Stryker system …

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Australia Expands Boeing’s F/A-18 Support Services Under $115M Contract

Boeing (NYSE: BA) has received a potential $114.6 million contract extension that will expand the scope of the company’s sustainment support work on Australia’s F/A-18A/B multimission fighter jets. The company said Friday its defense business in Australia will serve as the weapon systems integrator as well as coordinate engineering, logistics and maintenance services …

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Air Force Procures 2 Boeing 747s for Presidential Aircraft Recapitalization Program

Boeing (NYSE: BA) has received a contract modification from the U.S. Air Force to convert a pair of 747-8 aircraft into presidential planes, the Air Force reported Friday. The contract award came a year after Boeing secured a potential $127.3 million contract modification to continue to perform risk reduction efforts for the Presidential …

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Boeing Wins $409M IDIQ Spot Under AF Thermal, Power, Controls Research Program

The U.S. Air Force has selected Boeing (NYSE: BA) as the latest awardee under a potential $409 million contract to help the military branch  develop thermal, power and controls systems for air platforms. The Defense Department said Thursday Boeing will participate in the Next Generation Thermal, Power, and Controls program that covers applied research …

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