Boeing (NYSE: BA) will continue to help the U.S. Army install turbine engines on AH-64E Apache military helicopters under a five-year, $239.6 million contract. The service branch obligated $18 million at the time of award for Apache Improved Turbine Engine Integration Phase II work using fiscal 2021 and 2022 research, development, test and evaluatio...
Boeing (NYSE: BA) has secured a 10-year, $329.3 million contract to help the U.S. Space Force engineer operational Global Positioning System Block IIF satellites. The company will perform engineering work to support on-orbit operations of the constellation used to transmit navigation data to military and civilian users worldwide, the Department of D...
Boeing (NYSE: BA) has received a $397.9 million sole-source contract to move into the second phase of an airborne warning and control system aircraft modernization program for Saudi Arabia’s air force. The company will provide production, training, installation and checkout services to ensure interoperability of the Saudi E-3 AWACS fleet with ...
Six companies have secured contracts worth potentially $40 million combined to help NASA’s Ames Research Center develop rotorcraft vertical lift technologies. Tasks under the five-year hybrid contracts are scheduled to commence on Tuesday and will continue through Dec. 20, 2026, the space agency said Wednesday. Contractors will provide resourc...
Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, has been appointed chairman of the Aerospace Industries Association’s board of governors for 2022. He will also serve on the association’s executive committee along with Spirit AeroSystems President and CEO Tom Gentile, who is set...
Michael Alberi, a business development executive in the government contracting industry, has been promoted to vice president of growth at Columbia, Maryland-based government technology provider Planned Systems International. Prior to his promotion, Alberi was director of business development for PSI’s military and veterans’ health busine...
A new McAleese & Associates report says major defense prime contractors recorded a 4 percent to 6 percent increase in sector profit during the third quarter of 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q3 financial performance of Boeing (NYSE: BA), General Dynamics (NYS...
Boeing (NYSE: BA) will provide six more MH-47G Block II Chinook helicopters to U.S. Special Operations Command under a $212.6 million delivery order modification. The company will also provide eight spare shipsets to SOCOM for the remanufactured rotary-wing military aircraft, the Department of Defense said Wednesday. In a separate statement, Boeing ...
Eight companies have received contract modifications worth $2.4 billion combined to provide prototype development, sustainment and production support services to the Department of the Air Force. Work will occur in New Jersey, California, Virginia, Utah, Pennsylvania and Iowa through Jan. 9, 2028, the Department of Defense said Wednesday. The modific...
Patrick Shanahan, former acting secretary at the Department of Defense, and 38-year General Electric (NYSE: GE) veteran William Fitzgerald have joined the board of directors at Spirit AeroSystems Holdings (NYSE: SPR). Shanahan, a previous Wash100 inductee, will be part of the audit and compensation committees where he brings leadership experience at...
