Leanne Caret, president and CEO of Boeing’s (NYSE: BA) defense, space and security business and a 2020 Wash100 Award winner, told Defense News in an interview published Monday that she believes the company will be able to deliver on defense programs such as MQ-25 and T-X given its investments in digital engineering and advanced manufacturing processes.
Read More »Boeing, USAF Reach Agreement on KC-46A Remote Vision System Design; Leanne Caret Quoted
Boeing (NYSE: BA) and the U.S. Air Force on Thursday signed a memorandum of agreement to implement a final remote vision system design for the KC-46A Pegasus aerial refueling tanker.
Read More »McAleese & Associates: Boeing’s Defense Segment Posted $7B in Q3 Sales
A new McAleese & Associates report says Boeing’s (NYSE: BA) defense, space and security business recorded $7B in sales during the second quarter of 2019, reflecting a 2 percent increase from the prior-year period.
Read More »Boeing KC-46A Tanker Moves Into Initial Operational Testing Phase
The U.S. Air Force announced Tuesday that the Boeing-built (NYSE: BA) KC-46A Pegasus refueling tanker aircraft officially entered into the initial operational test and evaluation phase, FlightGlobal reported Thursday.
Read More »Lockheed, Airbus Execs Meet at Paris Air Show to Discuss Tanker Partnership; Michele Evans Quoted
Senior leaders from Lockheed Martin (NYSE: LMT) and Airbus reaffirmed their partnership to explore and meet the aerial refueling needs of the U.S. military during a meeting at the Paris Air Show.
Read More »January 25 Market Close: GovCon Index Higher on Boeing Earnings Beat, Textron Miss Weighs
Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as the S&P …
Read More »Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats, Booz Allen & CGI Top Street Estimates
Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on …
Read More »Boeing to Issue $2.05B Charge, $393M KC-46 Writedown in 2Q Earnings
Boeing (NYSE: BA) will take $2.05 billion in total after-tax charges on second quarter earnings that include a $393 million writedown on the KC-46 refueling tanker for the Air Force when the airplane manufacturer reports April-June results Wednesday. The company said Thursday the charges amount to $3.23 in earnings per share with 63 …
Read More »Boeing, Air Force Agree on Final KC-46A Design
Boeing (NYSE: BA) and the U.S. Air Force have agreed on the final design of the company’s KC-46A tanker jet after months of component and subsystem reviews and a three-day weapon system critical design review in July. The company intends to deliver 179 total tankers to the Air Force, as well …
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