SAIC, Boeing Score DoD Deals, Raytheon Turns Two
According to the Department of Defense, “SAIC (NYSE: SAI) was awarded a $5,549,168 firm-fixed-price contract for non-personal services in support of the ‘Advanced Electronic Magnetic Pulse Test & Technical Assistance In Accordance with Statement of Work.’ Work is to be performed in Fort Belvoir, Va., with an estimated completion date of Oct. 31, 2013. One [...]
BAE, Honeywell Win Shares of Nine-Figure Deal, Lockheed and Boeing Score Navy Wins
According to the Department of Defense, “BAE Systems, ENGlobal Technical Services (N65236-10-D-6828), and Honeywell (NYSE: HON), are each being awarded an indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee type multiple-award contract for technical and maintenance services for automated tank gauging; automated fuel service stations; automated fuel handling equipment; environmental leak detection; airfield refueling electrical supervision and control systems; overfill protection [...]
Boeing Says Conn. Would See $339M Annually if NewGen Tanker Win Comes Through
Boeing (NYSE: BA) says that Connecticut would see an estimated $339 million in annual economic impact if the Boeing NewGen Tanker is chosen to be the U.S. Air Force’s next aerial refueling aircraft. “Our state’s world-famous aerospace industry drives a significant part of the Connecticut economy. I’m glad that Boeing’s tanker project will provide critical [...]
Boeing to Acquire Narus, Announces Tender Offer for Argon ST; Roger Krone Comments
Boeing (NYSE: BA) has an agreement to purchase Narus, a network traffic and analytics software designed to defend cyber attacks and persistent threats aimed at large Internet Protocol networks. “This acquisition is another step forward in our strategy to develop integrated solutions for better network visibility, threat detection, and cybersecurity,” said Roger Krone, president of [...]
TASC, Boeing and Raytheon Book DoD Deals
According to the Department of Defense, “TASC was awarded a $44,786,637 firm-fixed-price contract. The contractor shall provide all the necessary labor, supplies, material and equipment in support of the U.S. Army Special Programs Office (ASPO), Systems Engineering and Technical Assistance (SETA). The SETA support encompasses a broad range of technical, engineering, and program/project management functions [...]
Honeywell, L-3, Wyle, Dell Awarded Contracts Boeing Banks Pair
According to the Department of Defense, “Honeywell (NYSE: HON) was awarded a $16,356,958 contract modification which will provide 203 embedded GPS inertial navigation systems for the Army CH47F and AH-64D platforms. At this time, the entire amount has been obligated. 647 AESS/PK, Wright-Patterson Air Force Base, Ohio, is the contracting activity (FA8626-06-C-2065; P00149). L-3 Communications [...]
Boeing Buys Argon ST for $775M; Roger Krone Speaks Out
Boeing (NYSE: BA) announced today it had agreed to acquire defense-equipment maker Argon ST (Nasdaq: STST) for an estimated $775 million. “Combining the strength of Boeing with the experience of Argon ST will significantly accelerate our capabilities in sensors, communications technologies and information management,” said Dennis Muilenburg, president and CEO of Boeing Defense, Space & [...]
BAE, Boeing Score Air Force Contracts
According to the Department of Defense, “BAE Systems was awarded a $49,775,942 cost-plus-fixed-fee contract to develop an infrared system that provides a real-time, high-resolution, wide area video persistent surveillance capability that allows joint forces to keep critical areas of interest under constant surveillance with high degree of target location accuracy. At this time, $6,358,566 has [...]
Boeing Makes Peace with Union
Boeing (NYSE: BA) struck a new labor deal with the International Association of Machinists and Aerospace Workers (IAM) 837. The proposal passed with ratification by the union. “We are very pleased that our employees represented by IAM 837 voted today to ratify the contract we have been discussing over the past several weeks,” Boeing said [...]
Boeing, FAA to CLEEN the Skies
Boeing (NYSE: BA) and the Federal Aviation Administration will work together in an effort to speed the development of environmentally-conscience technologies for cleaner and quieter jet aircraft. According to the firm, “as part of the FAA’s Continuous Lower Energy, Emissions and Noise (CLEEN) program, Boeing and the FAA each will contribute up to $25 million [...]