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Tag Archives: Boeing

KippsDeSanto: Aerospace, Defense M&A Deals Eye Power Distribution Sector

KippsDeSanto believes UEC Electronics’ acquisition of defense and security products provider Arotech shows that aerospace and defense companies are looking to power distribution and management technologies for mergers-and-acquisition deals. The deal also demonstrates an attraction towards budgeted and long-term programs that support industry and military initiatives, the investment bank said Thursday. …

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Report: Boeing Eyes Mercury Systems Acquisition

Boeing (NYSE:BA) is exploring a potential acquisition of digital imaging processing and big data processing technology maker Mercury Systems (NASDAQ: MRCY), Reuters reported Friday. Nicola Leske and Mike Stone write that Boeing wants to increase its presence in the commercial aerospace component sector and access Mercury’s microprocessor business. Evercore Partners has been …

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Charles Fletcher, Boeing and Alion Vet, Appointed MAT President

Charles Fletcher Jr., a retired two-star Army general, has been appointed president at technology services provider McLane Advanced Technologies. Fletcher holds six years of senior management experience in the private sector and at least 30 years of military service in fields such as aviation and logistics, MAT said Monday. He worked in logistics …

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Boeing Lands $104M DARPA Satellite Launch Program

Boeing (NYSE: BA) will work with the Defense Advanced Research Projects Agency to develop and test an airborne launching system for deploying small satellites under a potential $104 million contract. The contract contains $30, 673, 934 in base funds and two option periods that are separately worth $72, 044, 948 and …

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FAA Approves Boeing ScanEagle UAV for Commercial Use; Paul McDuffee Comments

Boeing‘s (NYSE: BA) Insitu subsidiary has been authorized by the Federal Aviation Administration to fly an unmanned aerial vehicle for a commercial project, the Puget Sound Business Journal reported Monday. Steve Wilhelm writes the FAA gave Insitu permission to operate three ScanEagle drones to support environmental surveillance work by energy …

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Chuck Dabundo Named Boeing Military Aircraft Chief Engineer, VP in Leadership Reorg

Boeing (NYSE: BA) has promoted four of its executives to new positions within its military aircraft business and the promotions are scheduled to take effect April 1. Chuck Dabundo, who has led the H-47 transport helicopters program since January 2013, will move to the role of group chief engineer and …

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Ray Duquette: CAE to Build Poseidon Simulation Hardware for Navy’s ‘Synthetic Training’

CAE (NYSE: CAE) has been awarded a contract to manufacture additional flight simulation and training equipment for Poseidon maritime surveillance planes that Boeing (NYSE: BA) builds for the U.S. Navy. Boeing has ordered CAE hardware for six P-8A operational flight trainers and five P-8A desktop environment trainers, CAE said Thursday. The …

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Boeing-Lockheed JV Wins $173M to Help NASA Study the Sun

A United Launch Alliance subsidiary has been awarded a $172.7 million contract to launch a NASA spacecraft that is designed for solar research, The Motley Fool reported Tuesday. Rich Smith writes United Launch Services LLC will work to integrate the Solar Orbiter‘s payload, monitor the spacecraft’s flight and track the mission’s …

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David Leach, Howard Zach Promoted to VP Roles at CRGT

David Leach and Howard Zach, both formerly senior managers at CRGT, have been promoted to vice president roles at the company as it seeks to expand its market reach. CRGT appointed Leach as VP of cyber and intelligence services with responsibility for intelligence community offerings and cybersecurity integration services for …

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Deborah Lee James: Air Force Plans Long-Range Bomber RFP For Later This Year

The U.S. Air Force is requesting $11.8 billion in funding to build a new long-range bomber, Bloomberg News reported Thursday. Tony Capaccio writes the branch intends to acquire up to 100 Long-Range Strike Bomber units for $55 billion total over five years. Air Force Secretary Deborah Lee James said earlier this month at a Bloomberg Government …

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