Tag Archives: Boeing

Reports: Boeing Reorganizes Defense Business With 2 New Divisions

Boeing (NYSE: BA) will set up two new divisions focused on missile and weapon systems and commercial derivatives aircraft within its defense, space and security business in a move that takes effect Monday, April 2, Defense One reported Thursday. The reorganization seeks to “refine our structure around our core markets, …

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Navy Awards Boeing $1.1B Contract to Develop Kuwait’s Super Hornet Baseline Configuration

Boeing (NYSE: BA) has received a potential $1.17 billion contract from the U.S. Navy to support the development of a baseline configuration needed to produce and deliver 22 F/A-18E and six F/A-18F aircraft for Kuwait. The company will also provide long-lead radar warning receivers and aircraft weaponry equipment under the foreign military sales contract, …

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Boeing to Sign Saudi Arabia Fleet Support MoU With SAMI

TYSONS CORNER, VA, March 29, 2018 — Boeing (NYSE: BA) will sign a memorandum of understanding with state-owned company Saudi Arabian Military Industries to provide support services and fleet training, ExecutiveBiz reported Wednesday. The nonbinding agreement is in line with Saudi Arabia’s effort to localize 50 percent of its military …

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Boeing HorizonX Ventures Supports IoT Firm Myriota’s Satcom Tech Development

TYSONS CORNER, VA, March 28, 2018 — Boeing’s (NYSE: BA) HorizonX Ventures division has invested in Myriota, an Adelaide, Australia-based internet of things startup, in a bid to help the former advance its direct-to-orbit platform designed to facilitate communications for IoT-connected devices in remote locations, ExecutiveBiz reported Tuesday. The company said …

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Executive Mosaic’s Weekly GovCon Round-up: Wash100 Update & the CSRA Acquisition

Weekly Roundup March 19 – March 23, 2018 Click here to see Real-Time GovCon Sector Quotes Wash100 Update & the CSRA Acquisition  Jim Garrettson, Executive Mosaic CEO The popular vote for the Wash100 continues this week! Voting turn out has been strong since the January 25th launch of the popular vote, and all of …

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Bell-Boeing JPO Gets $103M Navy Order Modification for Osprey Parts Repair

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter  subsidiary has received a $102.8 million modification under a U.S. Navy delivery order to repair V-22 Osprey parts. The modification brings the potential value of Bell Boeing Joint Project Office‘s contract for aircraft parts repair to $344.2 million, the …

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Industry Team Updates C3, Battle Mgmt Network of US Ballistic Missile Defense System

TYSONS CORNER, VA, March 22, 2018 — A team comprised of Boeing (NYSE: BA), General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) has moved to update the network that links the elements of the U.S. ballistic missile defense system, ExecutiveBiz reported Wednesday. …

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Australian Air Force’s Boeing-Built Maritime Surveillance Planes Reach IOC

TYSONS CORNER, VA, March 21, 2018 — The Boeing-built (NYSE: BA) P-8A Poseidon maritime surveillance aircraft has achieved initial operational capability with the Australian air force, whose Number 11 Squadron operates the fleet from its base in South Australia, ExecutiveBiz reported Tuesday. The air force said the fleet attained IOC status five months …

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Boeing HorizonX Ventures Places Investment in Drone Radar Developer

TYSONS CORNER, VA, March 19, 2018 — Boeing‘s (NYSE: BA) investment arm has joined the Series A funding round for Fortem Technologies in support of the Utah-based company’s efforts to build a radar system for unmanned aerial vehicles, ExecutiveBiz reported Friday. The investment in Fortem is Boeing HorizonX Ventures‘ second …

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David Calhoun Named Boeing Lead Director, Kenneth Duberstein Nominated for Re-election to Board

David Calhoun, a board member at Boeing (NYSE: BA) since 2009, has been elected to succeed Kenneth Duberstein as lead director of the Chicago, Illinois-based defense and aerospace contractor’s board in a move that takes effect April 30. “Dave is a tremendous asset to Boeing, bringing invaluable skills and experience …

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