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Tag Archives: Boeing

Boeing CEO Says Progress Made on ‘Simplifying Requirements’ for Air Force One After Trump Meeting

Boeing (NYSE: BA) CEO Dennis Muilenburg told reporters Tuesday after his hour-long meeting with President-elect Donald Trump that the company has moved forward on efforts in “simplifying requirements” for the future Air Force One replacement airplane with combat jets also a topic of discussion there. Trump first criticized the presidential aircraft program on …

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Boeing-Bell JV Lands $139M Contract Modification for Japan MV-22 Aircraft Engineering Services

A joint venture of Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell Helicopter  subsidiary has secured a $138.6 million delivery order modification for non-recurring engineering services to support the integration of Japan’s configuration into the MV-22B Block C aircraft and MV-22 containerized flight training device. Bell-Boeing Joint Project Office will also support the development, qualification test, …

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Lockheed CEO: New Deal to Cut Costs on Next F-35 Line ‘Close’

Lockheed Martin (NYSE: LMT) is “close to a deal” on a new contract that would “significantly” bring down costs of the next line of F-35 fighter jets and add 1, 800 new jobs at its Fort Worth, Texas facility that houses production, the company’s chief executive said Friday after a meeting with …

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January 12 Market Close: GovCon Index Down, Lockheed Extends Drag Over Investors’ Continued F-35 Focus

Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components …

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Navy Takes Delivery of 50th Poseidon Aircraft From Boeing

TYSONS CORNER, VA, Jan. 11 2017 — Boeing (NYSE: BA) has delivered the 50th P-8A Poseidon aircraft to the U.S. Navy in support of the service branch’s anti-submarine and anti-surface warfare and intelligence, surveillance and reconnaissance operations, ExecutiveBiz reported Monday. The Navy said Thursday the company delivered the aircraft to Naval Air Station Jacksonville in …

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Boeing Insitu Gets $71M Navy Contract Modification for Blackjack UAS Production

Boeing‘s (NYSE: BA) Insitu subsidiary has been awarded a $70.8 million contract modification to build and deliver six RQ-21A Blackjack unmanned aircraft systems to the U.S. Navy and Marine Corps. The modification exercises an option on a previously awarded firm-fixed-price contract and covers lot 1 full-rate production work as well as systems engineering …

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January 4 Market Close: GovCon Index Up Second Day in a Row on Strong Market Performance

Executive Mosaic’s GovCon Index moved higher for the second day in a row Wednesday on broad gains across almost all of the thirty stocks that make up index. The Dow Jones Industrial moved ever closer to the 20, 000 mark, closing at 19, 942.16 up 0.30 percent. GovCon Index gainers outnumbered …

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Boeing, SpaceX Secure Additional Crewed Missions Under NASA’s Commercial Space Transport Program

Boeing (NYSE: BA) and SpaceX have secured four additional missions each to transport astronauts to and from the International Space Station as part of NASA‘s Commercial Crew Program. NASA said Wednesday that Boeing and SpaceX each have six orders for crewed missions now under the companies’ respective Commercial Crew Transportation Capability contracts with the space agency. …

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Air Force Issues RFP for $16B T-X Trainer Jet Replacement Program

The U.S. Air Force has released a request for proposals for a potential $16.3 billion program that seeks to build a new trainer jet designed to replace the T-38 aircraft and train pilots of F-22 and F-35 fighter jets, Air University reported Friday. The RFP for the Advanced Pilot Training program …

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Boeing to Help Integrate Navy EA-18G Jammer Pods Under $308M Contract Modification

Boeing (NYSE: BA) has received a $308.3 million contract modification from the U.S. Navy to support the engineering change proposal integration of jammer pods onto EA-18G Growler aircraft. The Defense Department said Thursday the company will provide necessary equipment for system integration laboratories; design and manufacture 12 ECP 6472 A kits; and integrate, demonstrate and …

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