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Tag Archives: joint venture

Raytheon IIS, GDIT to Manage Missile Test Launch Ops at Army’s Reagan Test Site; Todd Probert Quoted

TYSONS CORNER, VA, March 5, 2019 — A joint venture between General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN) will work to maintain systems and manage activities at a U.S. Army missile test range in the Pacific Ocean as part of a previously awarded $502M contract, ExecutiveBiz reported Feb. 25. …

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Raytheon to Create Mideast Cyber-Focused JV With Saudi Aramco; Dave Wajsgras Quoted

TYSONS CORNER, VA, December 28, 2018 — Raytheon (NYSE: RTN) has entered into an agreement with Saudi Aramco to establish a joint venture that will offer cybersecurity technologies and services to customers in Saudi Arabia and other Middle Eastern countries, ExecutiveBiz reported Dec. 17. The oil and gas company said …

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Boeing Vet Chris Raymond to Lead Embraer Integration

Chris Raymond, vice president and general manager of autonomous systems at Boeing’s (NYSE: BA) defense, space and security business, will lead the integration of Embraer’s engineering operations and products with those of the Chicago-based company, the Puget Sound Business Journal reported Saturday. Greg Smith, Boeing’s chief financial officer, announced Raymond’s appointment …

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Boeing, Saudi Firm Create JV for Military Aircraft MRO Localization; Leanne Caret Comments

TYSONS CORNER, VA, April 4, 2018 — Boeing (NYSE: BA) has signed a memorandum of agreement with state-owned company Saudi Arabian Military Industries to create a new joint venture that aims to localize at least 55 percent of maintenance, repair and overhaul work for Saudi Arabia’s fixed- and rotary-wing military …

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Bob Pragada: Jacobs to Continue Military Construction Support in NAVFAC SW Region

Jacobs Engineering Group (NYSE: JEC) will continue to support construction projects at military installations across the Naval Facilities Engineering Command’s southwest area of responsibility through a five-year, $99 million contract awarded to its joint venture with EwingCole. The JV will help plan, design and build large government facilities, including U.S. Navy …

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Lockheed, MBDA Form JV as Team Negotiates German Missile Defense System Contract

TYSONS CORNER, VA, March 9, 2018 — Lockheed Martin (NYSE: LMT) has created a joint venture with MBDA as part of efforts to negotiate a contract with Germany’s military procurement office to build the country’s future integrated air and missile defense system, ExecutiveBiz reported Thursday. MBDA said Thursday the TLVS joint …

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Bell-Boeing JPO to Update Configuration of 3 Navy Osprey Aircraft

TYSONS CORNER, VA, Feb. 1, 2018 — The Boeing (NYSE: BA) and Bell Helicopter joint venture will work to update three MV-22 Osprey aircraft for the U.S. Navy under a $69.6 million contract modification, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the Bell-Boeing Joint Project Office will apply Block C updates to the Block B aircraft as …

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Report: Boeing, Embraer Discussions Raise Questions on Brazilian Firm’s Ownership

Talks of a potential combination between Chicago-based Boeing (NYSE: BA) and Embraer have not addressed questions such as the possibility of a joint venture and control over the Brazil-based aircraft manufacturer, Reuters reported Tuesday. Sources told Reuters that a potential JV might not be an effective measure to meet Boeing’s interest …

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AECOM-Inquip JV Secures Contract for USACE Construction Project in California

TYSONS CORNER, VA, Dec. 29, 2017 — An AECOM (NYSE: ACM) joint venture with Inquip will support a U.S. Army Corps of Engineers levee construction project in California under a potential $30.7 million contract, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the JV will provide services to update the levee as part of the American River …

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