A new McAleese & Associates report shows major defense prime contractors posted sector operating margins of approximately 11 percent in the second quarter of 2022, reflecting limited impact from the current 8.5 percent inflation. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q2 2...
Boeing (NYSE: BA) has secured a five-year, $3.1 billion basic ordering agreement to sustain aircraft weapon systems for the U.S. Navy and its foreign military sales clients, DVIDSHub reported Monday. The company will repair 194 items and provide 164 spares for F/A-18 and EA-18G flight control surfaces, refueling systems, airframe components and supp...
Boeing will provide the U.S. Navy with consumable parts for its F/A-18 multi-role strike fighter jets under a potential 10-year, $278 million delivery order from the Defense Logistics Agency. The sole-source award was made against a 15-year basic ordering agreement for F/A-18 aircraft component acquisition, the Department of Defense said Tuesday. Th...
The State Department has approved a potential $8.4 billion foreign military sales agreement with the German government for 35 units of F-35 Joint Strike Fighter, missiles, related equipment and program support services. The NATO ally also asked to purchase F135-PW-100 engines for the conventional take off and landing aircraft, AIM-120C-8 advanced me...
NASA has issued a presolicitation notice on its plan to adopt a single services contracting approach for long-term hardware production and operations of the Space Launch System. The space agency said Wednesday it intends to award the single Exploration Production and Operations Contract to Deep Space Transport, a joint venture between Boeing (NYSE: ...
The United Arab Emirates has asked to procure follow-on government and contractor support for C-17 military transport planes from the U.S. under a potential $980.4 million foreign military sales agreement cleared by the State Department. Boeing (NYSE: BA), which makes the C-17 airlifter, will serve as principal contractor for the renewal of aircraft...
Boeing (NYSE: BA) has expanded a partnership with Montreal-based aerospace technology manufacturer CAE (NYSE: CAE) to pursue new teaming opportunities and potential joint offerings for the military aviation sector. CAE said the two companies are looking to grow international supplier networks through a memorandum of understanding with the intent to ...
Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, said the company has learned lessons from the Air Force One contract and will explore various contracting approaches to help inform future decision-making for customer programs, Defense News reported Sunday. “We have learned a ton of lessons, especially a...
Shift5, an Arlington, Virginia-based cybersecurity company, has closed a round of Series B financing led by Insight Partners and announced the participation of AEI HorizonX, a venture capital group formed by AE Industrial Partners and Boeing (NYSE: BA), in the funding round. The investment will enable Shift5 to expand its footprint in the defense an...
SpiderOak has announced the appointment of military veterans and industry experts to the newly created space advisory board to provide guidance as the company works to deploy zero trust-based platforms and services to protect national security and commercial space systems and data from cybersecurity threats. The members of the board are Ellen Pawlik...
