Boeing (NYSE: BA) has designated its Arlington, Virginia campus as its new global headquarters and plans to establish a research and technology hub in the state to attract engineering talent. “We are excited to build on our foundation here in Northern Virginia. The region makes strategic sense for our global headquarters given its proximity to...
The joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary build four MV-22B tiltrotor aircraft for the U.S. Marine Corps under a $302.1 million contract modification awarded by Naval Air Systems Command. The Navy will use its aircraft procurement funds for fiscal 2022 to provide the full amount to Bell Boeing Joint...
Boeing (NYSE: BA) and the U.S. Air Force have achieved preliminary design review closure for the KC-46 Pegasus aerial refueling tanker’s remote vision system design after both parties reached an agreement to include upgrades to the aircraft’s panoramic camera system, Breaking Defense reported Tuesday. “The panoramic sensors will be upgraded wi...
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary and Boeing (NYSE: BA) have added six technology suppliers to an industry team that is working on a proposed helicopter for the U.S. Army’s Future Long-Range Assault Aircraft program. The companies that will supply components for the Defiant X helicopter are ATI Forged Products, Collins Aerospace,...
Ted Colbert, a 13-year Boeing (NYSE: BA) veteran, will assume the roles of president and CEO of the company’s defense, space and security business on April 1. He will succeed Leanne Caret, who will retire later this year after a nearly 35-year career with the Chicago-based aerospace and defense contractor, Boeing said Monday. Caret, a...
The Defense Logistics Agency has awarded Boeing (NYSE: BA) a $122.7 million contract to procure horizontal stabilizers for the U.S. Air Force’s KC-135 aerial refueling and airlift platform. The firm-fixed-price, fixed-quantity contract has a performance period of six years and two months, the Department of Defense said Monday. DLA’s avia...
Troy Lahr stepped down as chief financial officer of Boeing‘s (NYSE: BA) defense, space and security business and will join Sierra Nevada Corp.‘s space subsidiary to serve in the CFO role, Reuters reported Friday. He will succeed outgoing CFO Robert Rodgers, who has led financial and capital structure initiatives at Sierra Space since SN...
Boeing (NYSE: BA) will deliver six additional MH-47G Block II Chinook helicopters to the U.S. Army’s Special Operations Aviation Command under a $195 million contract. The company said Thursday it will perform production work primarily at a facility in Philadelphia and expects to start its delivery of the upgraded rotary-wing military aircraft to ...
Boeing (NYSE: BA) will produce Harpoon anti-ship system equipment for Taiwan to fulfill a foreign military sales requirement under a $498.3 million order from the U.S. Naval Air Systems Command. The firm-fixed-price order calls for the delivery of 100 launcher transporter units, 25 radars and training platforms to the Taiwanese government by Decembe...
The State Department has approved a potential sale to Indonesia of F-15 fighter aircraft built by Boeing (NYSE: BA) and associated equipment through an estimated $13.9 billion government-to-government agreement with the U.S. Indonesia’s foreign military sales request includes 36 F-15ID jets, 87 F110-GE-129 or F100-PW-229 engines, 92 embedded G...
