A new PwC report says the total value of mergers and acquisitions in the global aerospace and defense industry was $5.9B in the third quarter of 2018, down 49 percent from the same period last year. PwC said the number of M&A deals in the A&D sector plummeted 18 percent to 89 transactions in Q3 2018 and...
Boeing (NYSE: BA) has launched a new organization to build communications and computing platforms for government and commercial aerospace applications. Charles Toups, formerly vice president and general manager of Boeing’s research and technology unit, will lead the Disruptive Computing and Networks organization that will operate in Southern C...
TYSONS CORNER, VA, October 12, 2018 ” Boeing‘s (NYSE: BA) ventures arm has placed an investment with Accion Systems in support of the latter’s effort to expand the production of new propulsion systems for space vehicles, ExecutiveBiz reported Thursday. The partnership between Boeing HorizonX Ventures and Accion is aimed to...
Boeing (NYSE: BA) has wrapped up its $3.2 billion cash acquisition of Florida-based aviation parts and services provider KLX. The transaction is part of Boeing’s aerospace services market push and expands its offerings for defense, business, commercial and general aviation clients, the company said Tuesday. The Chicago-based planemaker ...
TYSONS CORNER, VA, October 2, 2018 ” A Boeing-led (NYSE: BA) industry group called “National Team-Engineering” is set to receive a contract from the Missile Defense Agency for support in the engineering and integration of the Ballistic Missile Defense System, ExecutiveBiz reported Monday. MDA said in a FedBizOpps notice posted ...
Boeing (NYSE: BA) has landed a five-year, $160M contract to continue providing logistics management and overhaul support for the U.S Army‘s H-47 Chinook helicopter rotor blades. The company said Monday it will repair, maintain, overhaul and manage stock availability of rotor blades used in the service branch’s more than 450 Chinooks...
Boeing (NYSE: BA) has won a potential 16-year, $9.2B contract to build up to 475 T-X trainer aircraft and 120 ground-based training platforms for the U.S. Air Force. œToday™s announcement is the culmination of years of unwavering focus by the Boeing and Saab team, Leanne Caret, president and CEO of Boeing™s defense, space and sec...
The Missile Defense Agency has awarded contracts to seven companies and a nonprofit organization to further develop their respective hypersonic weapon concepts. MDA said in a FedBizOpps notice posted Thursday contractors will work on their proposed kinetic and non-kinetic hypersonic glide and terminal defense weapon systems through the contracts wor...
United Launch Alliance has received an $867M contract modification from the U.S. Air Force to maintain and sustain launch infrastructure for the Atlas V and Delta IV rockets that support national security space missions. Work also covers Evolved Expendable Launch Vehicle program management, mission integration and assurance, rocket depreciation and ...
TYSONS CORNER, VA, September 26, 2018 ” Boeing (NYSE: BA) has placed a $10M investment to help the National Science Foundation provide students and company employees access to online science, technology, engineering and math training, ExecutiveBiz reported Tuesday. The company said Monday its pledge will supplement NSF’s matching $10...
