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Boeing Wins Potential $274M Navy Contract to Build Five Extra Large UUVs

Boeing (NYSE: BA) will produce five extra large unmanned undersea vehicles for the U.S. Navy and provide associated support under a potential $274.4M contract. Chicago-based Boeing and Bethesda. Md.-based Lockheed Martin (NYSE: LMT) were awarded design contracts in September 2017 as part of the first phase of the Orca XLUUV program. …

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Boeing, Lockheed Secure Design Work on Navy’s Extra Large UUV Program

TYSONS CORNER, VA, Oct. 19, 2017 — Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) are working to develop designs for an extra large unmanned undersea vehicle after the U.S. Navy awarded the companies two separate contracts for the program, ExecutiveBiz reported Wednesday. USNI News reported Tuesday the service branch has …

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