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The State Department has approved Germany’s request to buy heavy-lift cargo helicopters, manufactured by Boeing (NYSE: BA), from the U.S. government through a potential $8.5 billion government-to-government transaction. Germany is seeking to acquire 60 CH-47F Chinooks, 140 T55-GA-714A engines, 72 common missile warning systems and 284 secure r...
A partnership between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary booked a three-year, $482.3 million contract modification to manufacture additional CMV-22B Osprey aircraft for the U.S. Navy. The fixed-price-incentive award expands the scope of Bell Boeing Joint Project Office’s existing contract to supply four more unit...
Thomas Bell, former CEO of Rolls-Royce’s North American subsidiary and president of its global defense business, has officially assumed responsibilities as Leidos‘ (NYSE: LDOS) new chief executive. In late February, Bell was named successor to Roger Krone, a 10-time Wash100 Award winner who took on the CEO role in July 2014 and added the cha...
Higher sales from commercial airplanes and the defense, space and security business contributed to Boeing’s (NYSE: BA) $17.9 billion revenue for the first quarter of 2023. The company on Wednesday published its quarterly performance, which reflected a 28 percent increase in revenue compared to the same period last year. Boeing’s commerci...
David Cade, a 14-year Boeing (NYSE: BA) veteran who formerly served as vice president of corporate contracts, has assumed a new role as VP of supply chain core contracting within the company’s defense, space and security division, according to a LinkedIn post. He led the aerospace and defense company’s contracting work encompassing polic...
Boeing (NYSE: BA) has received a $313.4 million contract modification to perform additional support services for the U.S. Navy’s Super Hornet service life extension program. The company will perform engineering work to extend the F/A-18 E/F’s active life by 4,000 flight hours to 10,000 and equip the aircraft with Block III avionics confi...
Donald Walther, a technology and aerospace industry veteran, has joined Comtech Telecommunications (Nasdaq: CMTL) as chief legal officer. He brings to Comtech nearly 30 years of legal expertise across defense and commercial sectors and will lead the development of development and implementation of corporate legal strategy, export control, trade comp...
Ken Aso, a two-decade veteran of the aerospace and defense markets, has been appointed chief operating officer at aircraft components distributor FDH Aero. He brings to his new role operational expertise in aviation aftermarket services and experience supporting aerospace and defense original equipment manufacturers, suppliers and distribution servi...
Boeing (NYSE: BA) will supply updated Harpoon tactical missile systems to foreign military sales customers under a $1.17 billion order modification from the U.S. Navy. The award covers 400 Harpoon Block II Update missiles, containers, blast test vehicles, joint common test sets, equipment, spare parts, technical documentation, logistics support and ...
Adam Riddle, a nearly 10-year Rolls-Royce veteran, has been named president of defense business and chairman and CEO at the British power technology builder’s North American subsidiary. He most recently led the global services operations with Rolls-Royce North America’s defense division and helped the company win U.S. military contracts as d...
