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Search Results for: Boeing

Boeing Lands $313M Follow-On Award for Canadian Air Force Chinook Fleet Support

Boeing (NYSE: BA) has received a $313 million follow-on contract to provide logistics, engineering, supply chain, data analytics and training services for the Canadian air force’s fleet of Chinook heavy-lift helicopters. The company said Tuesday it will continue to provide lifecycle support to the CH-147F  helicopters through 2023 under an amendment to a performance-based …

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Air Force Issues $312M Ceiling Increase Modification to Boeing JDAM Contract

Boeing (NYSE: BA) has received a $311.8 million ceiling increase modification under a U.S. Air Force contract for the production of Joint Direct Attack Munition tail kits. The company will supply the military service with JDAM inertial guidance kits designed to increase bomb accuracy through global positioning system-based guidance updates, the  Defense Department said Monday. Boeing’s …

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Boeing to Work With Navy to Address Physiological Episodes on F/A-18, EA-18G Aircraft

TYSONS CORNER, VA, April 2, 2018 — Boeing (NYSE: BA) has received a $19.3 million contract from the U.S. Navy for support in efforts to study and address physiological episodes associated with F/A-18A-F and EA-18G Growler aircraft, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the contract covers research and development, testing, inspections and modifications to be …

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Reports: Boeing Reorganizes Defense Business With 2 New Divisions

Boeing (NYSE: BA) will set up two new divisions focused on missile and weapon systems and commercial derivatives aircraft within its defense, space and security business in a move that takes effect Monday, April 2, Defense One reported Thursday. The reorganization seeks to “refine our structure around our core markets, …

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Navy Awards Boeing $1.1B Contract to Develop Kuwait’s Super Hornet Baseline Configuration

Boeing (NYSE: BA) has received a potential $1.17 billion contract from the U.S. Navy to support the development of a baseline configuration needed to produce and deliver 22 F/A-18E and six F/A-18F aircraft for Kuwait. The company will also provide long-lead radar warning receivers and aircraft weaponry equipment under the foreign military sales contract, …

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Boeing to Sign Saudi Arabia Fleet Support MoU With SAMI

TYSONS CORNER, VA, March 29, 2018 — Boeing (NYSE: BA) will sign a memorandum of understanding with state-owned company Saudi Arabian Military Industries to provide support services and fleet training, ExecutiveBiz reported Wednesday. The nonbinding agreement is in line with Saudi Arabia’s effort to localize 50 percent of its military …

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Boeing HorizonX Ventures Supports IoT Firm Myriota’s Satcom Tech Development

TYSONS CORNER, VA, March 28, 2018 — Boeing’s (NYSE: BA) HorizonX Ventures division has invested in Myriota, an Adelaide, Australia-based internet of things startup, in a bid to help the former advance its direct-to-orbit platform designed to facilitate communications for IoT-connected devices in remote locations, ExecutiveBiz reported Tuesday. The company said …

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Bell-Boeing JPO Gets $103M Navy Order Modification for Osprey Parts Repair

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter  subsidiary has received a $102.8 million modification under a U.S. Navy delivery order to repair V-22 Osprey parts. The modification brings the potential value of Bell Boeing Joint Project Office‘s contract for aircraft parts repair to $344.2 million, the …

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Australian Air Force’s Boeing-Built Maritime Surveillance Planes Reach IOC

TYSONS CORNER, VA, March 21, 2018 — The Boeing-built (NYSE: BA) P-8A Poseidon maritime surveillance aircraft has achieved initial operational capability with the Australian air force, whose Number 11 Squadron operates the fleet from its base in South Australia, ExecutiveBiz reported Tuesday. The air force said the fleet attained IOC status five months …

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Boeing HorizonX Ventures Places Investment in Drone Radar Developer

TYSONS CORNER, VA, March 19, 2018 — Boeing‘s (NYSE: BA) investment arm has joined the Series A funding round for Fortem Technologies in support of the Utah-based company’s efforts to build a radar system for unmanned aerial vehicles, ExecutiveBiz reported Friday. The investment in Fortem is Boeing HorizonX Ventures‘ second …

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