Tag Archives: Boeing

Boeing Lands $800M Navy Contract Modification for Lot 11 Long-Lead Poseidon Materials

Boeing (NYSE: BA) has secured an $800M contract modification with the U.S. Navy to obtain long-lead materials and services needed to build an 11th batch of P-8A multimission maritime planes. The award is intended to address advanced procurement requirements to manufacture eight P-8A aircraft for the service branch as well as four planes for New Zealand and another six for South Korea, the Department of Defense said Friday.

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Boeing, Lockheed Get $431M in Space Force Contracts for Satcom Payload Development

The Space Force has awarded a $240M contract to Lockheed Martin (NYSE: LMT) and a $191M contract to Boeing (NYSE: BA) to develop payloads to help the service branch secure military satellite communications. The two companies will help the new service branch develop Protected Tactical Satcom payloads for a family-of-systems architecture designed to provide anti-jam, beyond line-of-sight communications to tactical warfighters, the U.S. Air Force said Tuesday.

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