The U.K. has ordered 14 Boeing-built (NYSE: BA) Chinook military helicopters from the U.S. through a 10-year, $2 billion foreign military sales transaction. The British defense ministry said Thursday it expects to receive extended-range H-47 aircraft beginning in 2026 and will add the new platform to an existing Chinook fleet at the Royal Air Force...
General Motors has appointed Steve duMont, a former executive at the intelligence and space segment of Raytheon Technologies (NYSE: RTX), as president of its defense business arm, replacing Tim Herrick, who has been holding the post on an interim basis. duMont brings two decades of experience in working with big defense industry players, having serv...
Chris Johnson, former president of Boeing‘s (NYSE: BA) satellite systems business, has been appointed as senior vice president of space programs delivery at Maxar Technologies (NYSE: MAXR), effective May 24. The new SVP will be responsible for leading and overseeing 1,900 employees who design, develop, integrate, test and deliver space platfor...
Boeing‘s (NYSE: BA) defense, space and security business earned $7.2 billion in revenue for the first quarter of its 2021 fiscal year, a 19 percent increase from the same period a year ago. The segment accounted for almost half of the total $15.2 billion company revenue for the quarter and reported a 5.6 percent increase...
Boeing (NYSE: BA) has received a $107 million contract modification to help the U.S. Air Force deploy telemetry and termination platforms for the Minuteman III intercontinental ballistic missile system. The company will support implementation work to meet the launch schedule of the USAF’s Flight Test Telemetry Termination Rapid Fielding progra...
Boeing (NYSE: BA) has secured an $89.6 million cost-plus-fixed-fee contract for engineering and support services to help the U.S. Navy modernize and update the P-8A Poseidon multimission maritime patrol aircraft’s software and associated hardware capabilities. The company will analyze, design, integrate and test the systems and software of the...
The U.S. Space Force has selected Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) to design, develop and launch payloads meant to secure military satellite communications as part of the new phase of the Protected Tactical Satcom program, SpaceNews reported Thursday. The service expects the Northrop and Boeing payloads to launch in 2024 aboard a...
The U.S. Department of Defense and the U.K. government are working out the details of an approximately $2 billion foreign military sales agreement for extended-range Chinook multimission helicopters, manufactured by Boeing (NYSE: BA), Bloomberg reported Tuesday. U.K. indicated its intent to buy 14 new H-47(ER) units in a letter of offer and acceptan...
David Calhoun, president and CEO of Boeing (NYSE: BA), could remain at the helm for another six years after the aerospace and defense company’s board of directors extended its compulsory retirement age for Calhoun from 65 to 70. The company said Tuesday the 64-year-old chief executive has held the dual role since January of last...
NASA’s Launch Services Program has initiated an on-ramp process that resulted in the addition of United Launch Alliance’s Vulcan Centaur rocket to the NASA Launch Services II indefinite delivery/indefinite quantity contract. “ULA is honored that NASA LSP has added our Vulcan Centaur rocket to the catalogue of launch vehicles available to suppo...
