Boeing’s (NYSE: BA) defense, space and security business reported $6.87 billion in sales during the second quarter of 2021, reflecting a 4 percent increase from the prior-year period. The company said Wednesday the BDS segment’s revenue jump for the quarter was driven by a higher volume on KC-46A tanker and P-8A Poseidon maritime patrol aircraft...
Jeff Shockey, most recently vice president of global sales and marketing for Boeing‘s (NYSE: BA) defense, space and security business, has been appointed senior vice president of global government relations at Raytheon Technologies (NYSE: RTX). Shockey will succeed Timothy McBride, who will formally depart his role later this year, and will co...
The U.S. Army has issued a request for proposals to Textron’s (NYSE: TXT) Bell subsidiary and to the team of Lockheed Martin’s (NYSE: LMT) Sikorsky business and Boeing (NYSE: BA) as it launches the competition for the Future Long-Range Assault Aircraft program, Defense News reported Monday. The service will accept proposals through the fourth qu...
Germany is set to initiate a foreign military sales process with the U.S. government to buy five Boeing-built (NYSE: BA) maritime surveillance planes for approximately $1.3 billion. The German defense ministry said Thursday it chose the P-8A Poseidon aircraft platform to address a capability gap that arose following the completion of its P-3C Orion ...
Boeing (NYSE: BA) has announced the appointment of Brian West, a finance and business leader, as executive vice president and chief financial officer and the election of Stayce Harris, a retired U.S. Air Force Reserve lieutenant general, to the company’s board of directors. West will officially assume the EVP and CFO roles on Aug. 27...
Boeing (NYSE: BA) has received a $128.8 million contract to help the U.S. Air Force conduct F-15 fighter aircraft training in various U.S., Pacific and European locations. The company will be responsible for providing high-fidelity devices, tools and equipment, materials and supplies, and support services for the F-15 Mission Training Center’s...
TYSONS CORNER, VA, June 25, 2021 — Leanne Caret, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, has dubbed the recent demonstration of the capability of a company-built unmanned aircraft system to perform an air-to-air fuel transfer mission as a “history-making event” and attributed the test completion to its ...
Boeing (NYSE: BA) has received a $578 million contract from U.S. Special Operations Command to manufacture 14 extended-range Chinook helicopters for the British air force. The company said Tuesday it aims to deliver H-47 heavy-lift aircraft units to the U.K. starting in 2026 under the foreign military sales contract and that country will be the...
Boeing (NYSE: BA) has received a $169.46 million contract from the U.S. Army to support a long lead effort for the full-rate production of lot 12 Apache attack helicopters. Services will take place at the company’s facility in Meza, Arizona, and the estimated completion date is May 31, 2027, the Department of Defense said Monday....
Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) have secured contracts from the U.S. Air Force to mature proposed “air-breathing” weapon systems for a hypersonic conventional cruise missile development project, according to separate award notices posted on SAM.gov. USAF awarded $47.2 million to Boeing, $33.5 ...
