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Search Results for: Boeing

Report: Boeing Amenable to Keeping Brazil’s ‘Golden Share’ in Embraer to Advance Tie-Up Talks

Boeing (NYSE: BA) intends to maintain the Brazilian government’s “golden share” in aerospace conglomerate Embraer in a push to address the Brazilian military’s concerns over a potential combination between the two aerospace companies, Reuters reported Friday. The “golden share” allows the South American country to exercise veto power over changes …

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More Lockheed-Built F-35, Boeing-Built P-8 in Procurement Pipeline for Norway

TYSONS CORNER, VA, Jan. 16, 2018 — Lockheed Martin (NYSE: LMT) could supply F-35 fighter jets and Boeing (NYSE: BA) could deploy P-8 maritime surveillance planes to Norway as the country considers additional procurement of the two aircraft, ExecutiveBiz reported Thursday. Fox Business reported Wednesday Norwegian Prime Minister Erna Solberg has expressed interest …

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Boeing Develops UAV Prototype to Test Autonomy, Electric Propulsion Tech

TYSONS CORNER, VA, Jan. 12, 2018 — Boeing (NYSE: BA) has unveiled a prototype electric unmanned aerial vehicle that it aims to use as a testbed for the development of autonomous and electric propulsion technologies, ExecutiveBiz reported Thursday. The company said Wednesday the vertical-takeoff-and-landing multicopter UAV will serve as a cargo air …

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Boeing Gets $115M Contract Modification for Navy, Australian P-8A Logistics, Site Activation Support

Boeing (NYSE: BA) has received a $115.2 million modification under a U.S. Navy contract to provide integrated logistics and site activation support services for P-8A Poseidon maritime patrol aircraft. The Navy will fund $103.4 million of the modified contract’s value and the Australian government will finance the remaining $11.8 million as …

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Boeing Secures FAA Registration for MQ-25 Tanker Drone Prototype

TYSONS CORNER, VA, Jan. 8, 2018 — The Federal Aviation Administration has assigned a registration number to Boeing (NYSE: BA) for the company’s proposed unmanned aircraft system to the U.S. Navy as the future MQ-25 Stingray carrier-based autonomous tanker, ExecutiveBiz reported Friday. Boeing secured the FAA registration number N234MQ for its T1 drone prototype, which it …

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Boeing Subsidiary to Extend Dev’t Work on Twin-Engine UAS

TYSONS CORNER, VA, Jan. 5, 2018 — Boeing‘s (NYSE: BA) Aurora Flight Sciences subsidiary will continue its work to develop a twin-engine unmanned aircraft system for the U.S. Air Force under a potential $48 million contract, ExecutiveBiz reported Thursday. Aurora said Wednesday the contract covers certification of the Orion UAS for deployment at international locations …

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India to Procure Boeing P-8 Training System, Maintenance Service for $307M

India’s ministry of defense has cleared a proposal to buy a training system for P-8 military aircraft crew and associated maintenance service from Boeing (NYSE: BA) through a potential $307.5 million contract. The Indian government said Thursday Boeing’s P-8 training platform will work to help the country’s navy train and rehearse for complex flight …

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Boeing to Produce Small Diameter Bombs for FMS Customers Under $194M Contract Modification

Boeing‘s (NYSE: BA) defense, space and security business has received a $193.6 million contract modification from the U.S. Air Force to manufacture additional Small Diameter Bombs for six foreign military sales customers. The modification covers the procurement of 6,000 more SDB Increment 1 all-up-rounds under the company’s basic indefinite-delivery/indefinite-quantity contract for …

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Report: Boeing, Embraer Discussions Raise Questions on Brazilian Firm’s Ownership

Talks of a potential combination between Chicago-based Boeing (NYSE: BA) and Embraer have not addressed questions such as the possibility of a joint venture and control over the Brazil-based aircraft manufacturer, Reuters reported Tuesday. Sources told Reuters that a potential JV might not be an effective measure to meet Boeing’s interest …

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Boeing Secures $148M Navy F/A-18 Maintenance, Sustainment Contract Option

The U.S. Navy has awarded Boeing (NYSE: BA) a one-year, $148.5 million contract modification for depot-level maintenance support and sustainment work on F/A-18 A/B/C/D multirole combat jets. The modification exercises an option under a previously awarded contract and includes high flight hour and HFH recurring inspections, modification and liaison engineering services, the …

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