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Tag Archives: Boeing

Boeing Wins $319M Contract for Air Force C-32, C-40 Maintenance, Logistics Support

Boeing (NYSE: BA) has won a potential seven-year, $319 million contract to help the U.S. Air Force perform maintenance and logistics work on C-32 transport aircraft for high-level government officials and C-40 military personnel and transport planes. The indefinite-delivery/indefinite-quantity contract will also include modification design, installation, deployment, crash investigation and damage repair …

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Boeing-Lockheed JV to Help Fund RD-180 Engine Backups

TYSONS CORNER, VA, March 10, 2016 — A Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) joint venture will help fund the development of Aerojet Rocketdyne’s AR-1 and Blue Origin’s BE-4 rocket engines, ExecutiveBiz reported Wednesday. National Defense magazine reported Tuesday that United Launch Alliance will invest in the ongoing work to …

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ULA Vet Scott Ward to Join Aerojet Rocketdyne as Engineering VP

Scott Ward, a former director of engines and motors at the United Launch Alliance, will join Sacramento, Calif.-based propulsion technology manufacturer Aerojet Rocketdyne (NYSE:AJRD) as vice president of engineering. The 27-year aerospace engineering veteran will assume his new role on April 4 to offer more than 27 years of aerospace engineering, program management and product development experience, Aerojet …

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USAF Unveils Northrop’s 7 Teammates on B-21 Bomber Aircraft Development Program

The U.S. Air Force has unveiled the names of seven companies that will partner with Northrop Grumman (NYSE: NOC) to help build a fleet of B-21 Long Range Strike Bomber planes for the military service, Defense News reported Monday. Lara Seligman writes Air Force Secretary Deborah Lee James said in a news briefing at the Pentagon …

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March 7 Market Close: GovCon Index Posts Decline, US Stocks Mixed on Tech Losses

The GovCon Index failed to hold onto positive momentum from a midday spike barely above the gain line Monday and ended at a decline of 0.573 points to 73.385 in a mixed day for U.S. financial markets. Declines among defense product and platform manufacturers in the Index lagged compared to …

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Boeing, Air Force Perform Operational Checks on 2nd KC-46A Tanker Aircraft

TYSONS CORNER, VA, March 7, 2016 — A second Boeing-built (NYSE: BA) KC-46A Pegasus tanker aircraft has completed a flight test to check its mission systems avionics, external lighting and environmental systems, ExecutiveBiz reported Friday. The company said Thursday the test covers operational checks on the tanker before the U.S. Air Force integrates …

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Aerojet Rocketdyne, ULA Join Air Force’s EELV Propulsion Tech Development Program

Aerojet Rocketdyne and United Launch Alliance have won separate “other transaction” agreements worth a combined $161.9 million to build rocket engine prototypes under the U.S. Air Force‘s Evolved Expendable Launch Vehicle initiative. The Air Force said Monday the $115.3 million OTA with Aerojet Rocketdyne centers on the development of the company’s liquid oxygen/kerosene-based propulsion system AR1. Aerojet …

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Boeing Lands $276M Navy Contract Modification for 2 Lot III P8-A Aircraft

Boeing (NYSE: BA) has landed a $276 million contract modification from the U.S Navy to produce and deliver two Lot III P-8A Poseidon multi-mission maritime aircraft. The Defense Department said Monday work will be performed through February 2019 in the U.K. and in Washington, Maryland, New York, Illinois, California, Utah and other locations …

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February 29 Morning Report: GovCon Index Posts Nominal Decline Friday

The GovCon Index closed Friday with a nominal decline of 0.082 points to 72.487 on falling crude oil prices and a slight increase in inflation. The Index also posted a 1.538-percent gain for the week on economic uncertainty and commodity price declines. Top GovCon Index Gainers Symbol Company $ Current Price Net Change …

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February 26 Market Close: GovCon Index Notches Slight Decline on Inflation Data

The GovCon Index posted a nominal decline of 0.082 points to 72.487 Friday, which puts the GCI at a gain of 1.538 percent for the week as markets continue to try to shake off turbulence from commodity price declines and uncertain economic prospects. The Index has climbed 9.67 points percent since the start of February and …

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