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Chris Raymond Promoted to Enterprise Strategy VP at Boeing

Chris Raymond, who most recently served as vice president and general manager of autonomous systems at Boeing’s (NYSE: BA) defense, space and security business, has been appointed VP for enterprise strategy at the Chicago-based company, Reuters reported Wednesday. He reports to the company’s finance, enterprise performance and strategy office led by …

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Trump to Nominate Patrick Shanahan as Permanent Defense Secretary

President Donald Trump intends to nominate Acting Defense Secretary Patrick Shanahan to serve as Pentagon chief on a full-time basis, The New York Times reported Thursday. Sarah Huckabee Sanders, White House press secretary, announced the president’s intention in a tweet posted Thursday. “If confirmed by the Senate, I will continue the …

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McAleese & Associates: Boeing’s Defense Business Posted $6.6B in Q1 2019 Sales

A new report by consulting firm McAleese & Associates says Boeing’s (NYSE: GD) defense, space and security business recorded $6.6B in sales for the first quarter of 2029, reflecting a 2 percent rise from the prior year period. Jim McAleese, founder and principal of McAleese & Associates and a 2019 Wash100 …

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Boeing-Led Team Gets $4.1B Contract Modification for Missile Defense System Technical Support

A Boeing-led (NYSE: BA) team has received a potential $4.1B contract modification to provide technical capabilities needed to expand and build up the Ground-based Midcourse Defense anti-ballistic missile system. The Department of Defense said Friday the modification partially definitizes the potential $6.56B contract action that the Missile Defense Agency awarded in January …

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Boeing Names Marc Allen, Michael Arthur, John Slattery to New Leadership Roles

Boeing (NYSE: BA) has appointed three executives to new leadership roles as part of efforts to build up the company’s partnerships and presence worldwide. Marc Allen, president of Boeing International, will transition to the role of senior vice president at Boeing and president of Embraer partnership and group operations, the Chicago-based …

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Boeing Closes Acquisition of Mobile Aviation App Provider ForeFlight

Boeing (NYSE: BA) finalized its acquisition of web-based and mobile flight applications provider ForeFlight for an undisclosed sum as part of the company’s growth strategy. Ken Sain, vice president of digital solutions and analytics at Boeing, said in a statement published Wednesday the company will build on Foreflight’s accomplishments in …

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Former UN Ambassador Nikki Haley Nominated to Join Boeing Board

Nikki Randhawa Haley, former U.S. ambassador to the United Nations, has been nominated to be a member of Boeing‘s (NYSE: BA) board of directors. She is set for election at the aerospace and defense contractor’s annual shareholder meeting on April 29, Boeing said Tuesday. Haley left her U.S. envoy position …

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McAleese & Associates: Boeing’s Defense Business Reports 13% Rise in 2018 Sales

A new report by consulting firm McAleese & Associates says Boeing’s (NYSE: GD) defense, space and security business posted $23.2B in 2018 sales, reflecting a 13 percent increase from the previous year. The BDS segment saw its 2018 backlog rise 30 percent to $57B driven by its “buy-in” strategy associated with …

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Navy Picks 19 Firms for $12.6B CMMARS Aircraft Maintenance, Logistics Contract Vehicle

The U.S. Navy has awarded 19 companies spots on a potential seven-year, $12.6B contract vehicle for aircraft maintenance and logistics support services. The Contracted Maintenance, Modification, Aircrew and Related Services program covers logistical support for Navy and Air Force rotary-wing and fixed-wing aircraft, unmanned aerial vehicles, subsystems and related weapon …

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Eight Firms to Help Air Force Develop Open Architecture Standards

Eight companies have secured contracts worth $22.5M combined to develop, manage and update a set of Open Architecture standards for the U.S. Air Force. The contractors will work as a single entity to create and offer configuration control for Universal Command and Control Interface and Open Mission systems standards, the …

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