Bill Clark, chief operating officer of Boeing‘s (NYSE: BA) Insitu subsidiary, has been appointed as interim CEO of the unmanned aircraft system maker, Hood River News reported Tuesday. The report said Clark succeeds Ryan Hartman, who stepped down as Insitu CEO on Feb. 1 due to “personal reasons.” As COO, Clark oversees the pro...
The State Department has cleared Finland™s request to buy Harpoon Block II surface-launched missiles and Evolved Seasparrow Missiles under two foreign military sales agreements worth approximately $734.7 million combined. Finland asked to purchase RGM-84Q-4, RGM-84L-4, RGM-84Q-4 upgrade kits, RTM-84L-4 and RTM-84Q-4 Har...
The U.S. Navy has awarded Boeing (NYSE: BA), AAR Corp.‘s (NYSE: AIR) aircraft services business and StandardAero contracts worth up to $268.7 million combined to support maintenance and repair of the service branch’s P-8A Poseidon maritime patrol aircraft. All three contractors can vie for individual task or...
The U.S. Air Force has awarded Boeing (NYSE: BA) a two-year, $195 million contract modification to produce additional tail kits for the service branch’s Joint Direct Attack Munitions. The modification will increase the cumulative face value of a previously awarded JDAM tail kit production contract to nearly $927.5 mill...
TYSONS CORNER, VA, Feb. 1, 2018 ” The Boeing (NYSE: BA) and Bell Helicopter joint venture will work to update three MV-22 Osprey aircraft for the U.S. Navy under a $69.6 million contract modification, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday the Bell-Boeing Joint Project Office...
Thomas Bell, senior vice president of global sales and marketing at Boeing‘s (NYSE: BA) defense, space and security business, will rejoin Rolls-Royce this month as president of the aircraft engine manufacturer’s defense arm. Rolls-Royce said Wednesday Bell initially joined the company in mid-2012 as pre...
A Boeing-led (NYSE: BA) team has received a six-year, $6.56 billion contract modification from the Missile Defense Agency to continue the production and sustainment of the Ground-based Midcourse Defense ballistic missile defense system. The modification covers the delivery of a new missile field with 20 additional silos; two additional sil...
TYSONS CORNER, VA, Jan. 31, 2018 ” Boeing‘s (NYSE: BA) HorizonX ventures unit has placed an investment with California-based startup Cuberg for further development of the latter’s battery cell technology, ExecutiveBiz reported Tuesday. Cuberg designed the battery with a lithium metal anode, a high-voltage cathode and proprietar...
Jeff Shockey, formerly vice president of federal and international affairs at Boeing (NYSE: BA), has been appointed VP of global sales and marketing at the company’s defense, space and security segment. He succeeds Tom Bell, who left the Boeing after more than two years leading the segment’s sales and marketing efforts worldwide,&nb...
TYSONS CORNER, VA, Jan. 30, 2018 ” Boeing‘s (NYSE: BA) KC-46 Pegasus aerial refueling aircraft is anticipated to receive a supplemental type certificate for its military-specific components soon, following the Federal Aviation Administration‘s award of an amended type certificate in December, ExecutiveBiz reported Monday. ...
