TYSONS CORNER, VA, June 1, 2018 ” Boeing (NYSE: BA) has placed an investment with computational storage provider Agylstor through its HorizonX Ventures organization to help the latter company develop a ruggedized computing technology that works to store, process and secure data, ExecutiveBiz reported Thursday. Agylstor said Wednesday HorizonX l...
A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in 2016. The professional s...
The U.S. Navy plans to negotiate a potential 10-year, $1.86 billion contract with Boeing (NYSE: BA) for the procurement of new and updated P-8A Poseidon training systems. A FedBizOpps notice posted Tuesday says the indefinite-delivery/indefinite-quantity contract will include upgrade work on aircrew and maintenance training systems fo...
The National Geospatial-Intelligence Agency has tapped 10 companies for content management of community-sourced data on topographic and human geography under a potential 10-year contract worth $920 million. Work for NGA’s Janus Geography initiative will take place at the contractors’ facilities, the agency said in a notice posted Th...
TYSONS CORNER, VA, May 25, 2018 ” Boeing (NYSE: BA) has named eight potential clients for the latest configuration of its F/A-18 Super Hornet fighter aircraft, ExecutiveBiz reported Thursday. Dan Gillian, vice president of F/A-18 programs at Boeing, said potential orders from Bulgaria, Canada, Finland, Germany, India, Japan, Poland and Switzerl...
Boeing (NYSE: BA) will manufacture and deliver full-rate production maritime aircraft for the U.S. Navy under a $416.4 million contract modification. The modification covers three Lot 9 P-8A multi-mission aircraft for the service branch, the Defense Department said Thursday. Work will run through October 2020 in the U.K. as well as California, Illin...
TYSONS CORNER, VA, May 22, 2018 ” Leanne Caret, president and CEO of Boeing™s (NYSE: BA) defense, space and security business, has said the company is set to deliver the KC-46 aerial refueling aircraft to the U.S. Air Force this year following several program milestones, ExecutiveBiz reported May 14. Caret, a 2018 Wash100 recipient, c...
TYSONS CORNER, VA, May 21, 2018 ” Boeing (NYSE: BA) has completed the delivery of eight AH-64E Apache attack helicopters to Indonesia™s army as part of a foreign military sale agreement with the U.S. government, ExecutiveBiz reported Friday. Indonesian Defense Minister Ryamizard Ryacudu, who received the helicopters during a turnover cerem...
TYSONS CORNER, VA, May 16, 2018 ” Boeing (NYSE: BA) will utilize a software platform provided by Israel-based Assembrix that will work to secure intellectual property the U.S. company shares with vendors as part of design and additive manufacturing operations, ExecutiveBiz reported Tuesday. The memorandum of agreement between the comp...
TYSONS CORNER, VA, May 15, 2018 ” Raytheon (NYSE: RTN) has marked the beginning of construction on a future California facility designed to house a testbed aircraft based on Boeing‘s (NYSE: BA) 727 airplane, ExecutiveBiz reported Monday. The hangar at Ontario International Airport is anticipated to be complete by the end of...
