Boeing (NYSE: BA) reported a $6.2 billion revenue from its defense, space and security business for the fourth quarter of 2022, compared with the $5.8 billion posted in the same period a year ago. The BDS organization posted a 5 percent growth year-on-year, bringing its annual sales to $23.1 billion, according to Q4 2022 financial...
A Boeing (NYSE: BA) subsidiary has secured a $463 million U.S. Navy contract for the procurement of low-band sensor components designed for manned and unmanned aircraft. Under the five-year contract, Argon ST will provide hardware and associated engineering services for the Multi-Intelligence Sensor Development Sensor Suite. The award includes suppo...
An industry team led by Boeing (NYSE: BA) has received a contract from NASA to develop and test a Transonic Truss-Braced Wing demonstrator aircraft as part of the space agency’s Sustainable Flight Demonstrator project. NASA will invest $425 million in the development of the TTBW demonstrator over a seven-year period, while Boeing and its industry...
The Defense Advanced Research Projects Agency has selected a Boeing (NYSE: BA) subsidiary to develop flight systems for an X-plane demonstrator aircraft designed to operate without the use of external mechanical controls. Manassas, Virginia-based Aurora Flight Sciences will aim to complete detailed design, development and critical design review proc...
Leanne Caret, former CEO of the defense, space and security unit at Boeing (NYSE: BA), has been elected to the board of directors at Raytheon Technologies (NYSE: RTX). “With a focus on rapid deployment of highly complex systems, she has driven development of groundbreaking technology solutions throughout her tenure,” Greg Hayes, CEO and chairman...
The Department of Defense plans to add requirements to National Security Space Launch program contracts in a move to address Chinese and Russian interference, The Wall Street Journal reported Tuesday. In a briefing to potential vendors of the upcoming contracting round, DOD said the next generation of rockets designed for launching spy satellites sh...
SpaceX aims to complete up to 100 orbital flights in 2023 as several rocket companies move to bring new launch vehicles into the government and commercial space markets, The Wall Street Journal reported Sunday. A report from astrophysicist Jonathan McDowell says the figure would reflect a 64 percent increase from SpaceX’s 61 launch missions in...
Boeing (NYSE: BA) will manufacture a dozen CH-47F Chinook helicopters for the Egyptian air force under a $426 million contract from the U.S. Army to address a foreign military sale requirement. Deliveries of the F-model cargo aircraft are projected to commence sometime in 2026, the planemaker said Tuesday. The award comes less than one year...
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has filed a protest with the Government Accountability Office asking GAO to assess the U.S. Army’s decision to award the potential $1.3 billion Future Long-Range Assault Aircraft development contract to Textron’s (NYSE: TXT) Bell subsidiary. “The data and discussions lead us to believe the pr...
Boeing (NYSE: BA) will deliver CH-47F advanced multi-mission helicopters to the U.S. Army under a three-year, $497 million contract. Army Contracting Command received one bid via the internet and will determine work locations and funding with each order of the firm-fixed-price contract, the Department of Defense said Friday. The service branch...
