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Boeing awarded $2.7 billion in contracts for Patriot missile seekers
Boeing won $2.7B in multi-year deals to supply key guidance components for Patriot interceptor missiles amid rising global demand.
FAA restores Boeing’s self-certification for 737 Max, 787
The FAA restored Boeing’s authority to self-certify 737 Max and 787 jets after years of oversight, as new international aircraft orders boost sales.
As Boeing’s stock rises on a new foreign deal, US officials signal China may be next to order planes
Boeing shares rose after a $8B Uzbekistan Airways Dreamliner order, with U.S. officials hinting a major China aircraft deal is near.
Wall Street holds near its record heights
U.S. stocks eased Tuesday after record highs, with Nvidia slipping and gold prices soaring past $3,800 amid Fed rate-cut expectations.
Boeing workers reject their latest contract offer, extending strike at three Midwest plants
Boeing workers rejected a second contract offer, extending a six-week strike at three Midwest plants. No new talks are scheduled.
BWXT announces new chief strategy officer
BWX Technologies, a Lynchburg-based manufacturer of nuclear components and fuel has tapped Rik Geiersbach as its new chief strategy officer.
Families of Boeing crash victims to make potential final plea for criminal prosecution
Families of 737 Max crash victims push for prosecution as a Texas court reviews Boeing’s felony conspiracy charge tied to deadly crashes.
Government Contractors | Technology 2025: ORTBERG, ROBERT K. ‘KELLY’
In August 2024, Ortberg succeeded Dave Calhoun as the Fortune Global 500 aerospace and defense giant’s chief executive. Ortberg is the retired president and CEO of Collins Aerospace, previously Rockwell Collins and now absorbed into Arlington-based defense contractor RTX. He serves on the Aerospace Industries Association’s executive committee. Boeing‘s commercial jet sector’[...]
Wall Street holds steady just below recent records
U.S. stocks held near breakeven Tuesday with the S&P 500 up 0.1% as Boeing rose 2% on a $50B Korean Air order for over 100 aircraft.
Boeing wins $883M Army cargo support contract
Boeing has been awarded a $883.1 million contract from the U.S. Army to provide cargo engineering and logistics support services.
Boeing faces strike by 3,000 fighter jet workers
A strike by thousands of workers that build fighter jets for Boeing at three U.S. plants is the second labor disruption for the plane builder in less than a year. The strike that began just after midnight Monday involving more than 3,000 members of the International Association of Machinists and Aerospace Workers arrives as […]
Virginia’s Fortune 500 companies
Freddie Mac, the federally sponsored mortgage business headquartered in McLean, continues to be the top-ranked Virginia-based company at No. 38, down two spots from last year, with $122 billion in annual revenue Arlington County-based defense contractors RTX and Boeing were the second and third highest ranking companies based in Virginia, with RTX moving up one […]
