Thirty veterans of the government, industry and academia to serve on a federal advisory committee that offers strategic and policy recommendations to the National Space Council. Lester Lyles, a retired U.S. Air Force general and an independent consultant, was selected to chair the NSpC Users Advisory Group, the White House said Friday. Vice Presiden...
Boeing (NYSE: BA) has secured a $109.1 million contract modification from the Missile Defense Agency to continue the development and sustainment of the Ground-Based Midcourse Defense system against potential ballistic missile attacks. The recent award extends the performance period by 12 more months ending December 2024 and increases the value of th...
Boeing (NYSE: BA) and NASA have closed on a $3.2 billion contract for the production of core and upper stages to power Space Launch System rockets that will support future lunar exploration missions. The aerospace and defense company will use the funds to manufacture up to 10 SLS core stages for Artemis III and IV,...
The U.S. Air Force has awarded 92 companies positions on a potential 10-year, $900 million contract to come up with innovative approaches to advance the development of multidomain systems. The Air Force Life Cycle Management at Wright Patterson Air Force Base in Ohio is the contracting activity and received 94 proposals for the indefinite-delivery/i...
South Korea has requested to purchase CH-47F Chinook helicopters, and related equipment from the U.S. government under a $1.5 billion foreign military sales agreement approved by the State Department. Boeing (NYSE: BA) will serve as the principal contractor on the possible transaction that includes 18 CH-47F helicopters, 42 T55-GA-714A engines...
A new McAleese & Associates report shows defense prime contractors recorded a 3 percent increase in sales during the third quarter of 2022 and sector operating margin of 11 percent. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an analysis of the Q3 financial performance of Lockheed Martin (NYSE: LMT...
The U.S. Air Force has exercised three contract options worth $234.6 million for Boeing (NYSE: BA) to continue sustainment services to the E-4B National Airborne Operations Center. The award represents options seven through nine of an indefinite-delivery/indefinite-quantity contract that includes support work such as program management and depot mai...
Boeing (NYSE: BA) has received a $398.2 million contract modification from the U.S. Air Force to deliver two additional KC-46A Pegasus tankers to Japan, bringing the total number of aircraft on contract for the East Asian country to six. The firm-fixed-price modification increases the contract’s total face value to $1.3 billion and the company wil...
Jay Turner, who previously held executive roles at two Boeing (NYSE: BA) subsidiaries, has assumed the chief operating officer position at military technology provider Sigma Defense Systems. He most recently served as president of Digital Receiver Technology, a manufacturer of software-defined radio systems designed to collect, analyze and share sig...
Boeing (NYSE: BA) has reorganized its defense, space and security business by merging its eight divisions into four as part of efforts to streamline collaboration and integration. Boeing Defense, Space and Security will now operate with four divisions focused on vertical lift; mobility, surveillance and bombers; air dominance; and space, intelligenc...
