Tag Archives: nyse ba

Four Major Defense Contractors Report 3rd Quarter Earnings Growth

Four of the largest American defense contractors released third quarter financial results on Oct. 26, 2011. Lockheed Martin (NYSE: LMT) Northrop Grumman (NYSE: NOC) General Dynamics (NYSE: GD) Boeing (NYSE: BA) Lockheed Martin reported $665 million in earnings from continuing operations, an increase of 19 percent from the third quarter of …

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Boeing Subsidiary Wins $59M Army Award to Train Forces in Europe

Boeing‘s (NYSE: BA) subsidiary Tapestry Solutions has won a $59 million Defense Department contract to conduct training exercises for the U.S. Army in Europe under the Joint Multinational Simulation Center’s battle staff training contract. Tapestry will design, plan and conduct exercises ranging from Army unit-level activities to large-scale events involving multinational forces, …

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Boeing Forms New C4ISR Division; Roger Krone Comments

Boeing (NYSE: BA) has announced the formation of a new electronic and mission systems division that will align the company’s C4ISR efforts. Terry Collins, vice president and general manager of Boeing’s Argon ST subsidiary, will lead the division, which will operate within Boeing’s network and space systems unit. Its headquarters will be …

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Boeing Names Former Continental CEO Larry Kellner as Board Director; Jim McNerney Comments

Boeing‘s (NYSE: BA) board of directors has appointed Lark Kellner as a new director of the board, where he will serve on the audit and finance committees. Kellner, 52, is president of Houston-based private equity firm Emerald Creek Group and served as CEO of Continental Airlines from 2004 through 2009. …

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Boeing Wins Max $11B Air Force Contract For C-17 Program Support

The U.S. Air Force has awarded Boeing (NYSE: BA) a maximum $11.75 billion indefinite-delivery/indefinite-quantity contract to provide support and sustainment services for the C-17 weapon system. Support shall include, but not be limited to: program management material and equipment management depot level aircraft maintenance and modifications F117 propulsion system management …

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Boeing Wins $31M Contract to Supply, Service Navy F/A-18 Aircraft

The U.S. Navy has awarded Boeing (NYSE: BA) a $31, 503, 536 firm-fixed-price, cost-plus-fee requirements contract for supplies and services for in-warranty and out-of-warranty depot-level modification installations and in-service repairs incident to modification kit installs, including associated material and services to support the F/A-18 series aircraft. Work will be performed …

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Boeing Wins $469M for Air Force C-17 Partnership Program

The U.S. Air Force has awarded Boeing (NYSE: BA) a $469 million contract modification. The modification fulfills a foreign military sales requirement for the Indian Air Force C-17 Globemaster III sustainment partnership. Work will incorporate the IAF aircraft into the “virtual fleet”, which includes aircraft maintenance, upgrades and sustainment. Wright-Patterson …

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Boeing Wins $319M for Navy P-8 Aircraft Equipment, Tools

The U.S. Navy has awarded Boeing (NYSE: BA) a $319, 905, 801 contract modification for spares, support equipment and tools, logistics support, trainers, and courseware in support of the low rate initial production, lot two, P-8A aircraft. Work is expected to be completed in March 2014. The Naval Air Systems …

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Boeing Wins $60M to Improve Longevity, Performance of Apache Helicopter

The U.S. Army has awarded Boeing (NYSE: BA) a $60 million contract modification to improve the reliability, maintainability and sustainability of the AH-64 Apache helicopter. Work will be performed in Mesa, Ariz., with an estimated completion date of March 15, 2012. The Aviation Applied Technology Directorate, Fort Eustis, Va., is the contracting …

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Boeing to Provide Unmanned Vehicle Lead Items to Army

The U.S. Army has awarded Boeing (NYSE: BA) a $17, 216, 071 cost-no-fee contract for two sets of small, unmanned ground vehicle long lead items. Work will be performed in St. Louis, Mo., and Bedford, Mass.,  and is expected to be completed Dec. 31, 2011. The U.S. Army Contracting Command, Warren, Mich., …

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