Tag Archives: military aircraft

Boeing (NYSE: BA) has appointed three executives to new leadership roles as part of efforts to build up the company’s partnerships and presence worldwide. Marc Allen, president of Boeing International, will transition to the role of senior vice president at Boeing and president of Embraer partnership and group operations, the Chicago-based …

TransDigm Group (NYSE: TDG) has concluded its approximately $4B purchase of Esterline Technologies (NYSE: ESL) in a push to expand its proprietary and sole-source content platform for defense and aerospace sectors. TransDigm initially announced the deal on Oct. 10 and the company said Thursday Esterline shareholders will get $122.50 in cash per …

The Carlyle Group (Nasdaq: CG) signed an agreement to invest in NORDAM, a family-owned aerospace manufacturing and repair company, and will support the latter’s strategic plan and growth initiatives. The equity investment from the Carlyle Strategic Partners IV L.P. fund and debt financing will also help NORDAM emerge from Chapter …

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 …

TYSONS CORNER, VA, Oct. 11, 2017 — BAE Systems is working to build tools that will serve to facilitate system analysis, reverse engineering and intrusion detection capabilities for military aircraft platforms in efforts to counter cyber threats, ExecutiveBiz reported Tuesday. The company said Monday its threat management technologies will form the foundation of …

CAE (NYSE: CAE) has captured contracts worth a combined $132.8 million to provide flight simulation equipment and pilot training services to multiple domestic and international defense customers. The company said Wednesday it received a contract from Lockheed Martin (NYSE: LMT) to build Phenom 100 synthetic training devices for a U.K. military flying training program and another …

Boeing (NYSE: BA) has secured a potential two-year, $2.5 billion contract modification to build and deliver 16 full-rate production Lot III P-8A Poseidon military aircraft to the U.S. Navy and four to the Australian government. The Naval Air Systems Command awarded the contract modification to exercise an option under the fixed-price-incentive-firm contract, the Defense …

Boeing (NYSE: BA) has received a potential three-year, $101.6 million contract modification to provide site activation and logistics support for the full-rate production of P-8A Poseidon Lots 6 and 7 for the U.S. Navy and Australian government. The company will perform contract work in Washington, Missouri, Oklahoma and California through June 2018, …

TYSONS CORNER, VA, November 10,  2015 — Boeing (NYSE: BA) eyes future military aircraft orders from Egypt and Kuwait as the company continues talks with officials on potential purchases of Apache attack helicopters and F/A-18 Super Hornet jets, ExecutiveBiz reported Monday. Bloomberg reported Saturday the prospective procurements come as Gulf countries look …

Boeing (NYSE: BA) has promoted four of its executives to new positions within its military aircraft business and the promotions are scheduled to take effect April 1. Chuck Dabundo, who has led the H-47 transport helicopters program since January 2013, will move to the role of group chief engineer and …