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Tag Archives: joint venture

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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CH2M-Merrick JV to Support Design of MDA Missile Defense Facilities

TYSONS CORNER, VA, Dec. 7, 2017 — The CH2M and Merrick joint venture will work with the U.S. Army‘s Engineering and Support Center in Huntsville, Alabama, to provide design and engineering services for Missile Defense Agency facilities, ExecutiveBiz reported Wednesday. The JV will perform studies and other activities on the design of tactical and tactical-support missile …

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PAE-Parsons JV Eyes Logistics Work Under Army LOGCAP V Contract; Carey Smith Comments

TYSONS CORNER, VA, Oct. 16, 2017 — PAE has partnered with Parsons to create a joint venture in pursuit of a potential $82 billion contract for global facility and logistical services to the U.S. Army over 10 years, ExecutiveBiz reported Oct. 6. The PAE-Parsons Global Logistics Services JV plans to bid on …

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