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Boeing lands $2.56B Air Force contract
Boeing has won a $2.56 billion U.S. Air Force contract for two rapid prototype E-7A airborne early warning and control (AEW&C) Wedgetail aircraft, the Arlington-based Fortune 500 aerospace and defense company announced Friday. The contract modification to a previously awarded undefinitized contract action includes life-cycle development, training and support for the Air Force’s E-7A flee[...]
IALR hires new manufacturing advancement exec
Jason Wells will join the Institute for Advanced Learning and Research as executive vice president of manufacturing advancement on June 3, according to a release from the Danville-based economic development organization. Wells, who has nearly three decades of experience in high-performance manufacturing, replaces Todd Yeatts, a former senior manager for government operations for The Boeing [&helli[...]
36 Va. companies make 2023 Fortune 1000 list
Thirty-six Virginia-based companies made Fortune magazine’s 69th annual Fortune 1000 list, notably including newcomers to the commonwealth Raytheon Technologies Corp. and Boeing Co. as Virginia’s second and third highest-ranking companies. Freddie Mac remained Virginia’s top-ranked company, at No. 45, and 24 Virginia companies made this year’s elite Fortune 500 list. Releas[...]
Boeing reaches $40B deal with Ryanair
Irish air carrier Ryanair plans to order as many as 300 Boeing 737 MAX-10 aircraft from Arlington County-based Fortune 100 contractor Boeing Co. in a $40 billion deal, the two companies announced Tuesday. Subject to approval by Ryanair’s stockholders, the deal includes a firm order from the airline for 150 aircraft and an option for […]
Playing defense
What’s in a name? Perhaps a lot if you’re riding on the coattails of Boeing Co. and Raytheon Technologies Corp. The May and June 2022 announcements that Fortune 100 contractors Boeing and Raytheon would move their corporate headquarters to Arlington County generated plenty of buzz, but they didn’t dazzle like the 2018 announcement of Amazon.com […]
Navy awards Boeing subsidiary $463M contract
Fairfax-based Argon ST Inc. has received a $463 million Navy contract to procure and produce sensor components for fielding in manned and unmanned aircraft, the Pentagon announced Friday. Argon ST is a wholly owned subsidiary of Arlington-based aerospace contractor Boeing Co. Under the contract, Argon ST will procure various Multi-Intelligence Sensor Development (MISD) Sensor Suite […]
Boeing defense unit announces leadership shifts, reorganization
Arlington-based Boeing Co. Thursday announced a series of top leadership changes and a reorganization to consolidate its eight divisions within the Boeing Defense, Space and Security unit into four. Boeing said the changes, effective immediately, are aimed at accelerating its operational discipline, quality and performance and at streamlining senior leadership roles and responsibilities. Accordin[...]
Raytheon wins $985M Air Force hypersonic missile contract
Raytheon Technologies Corp.’s missile and defense division has received the go-ahead from the Air Force to move beyond the prototype phase and continue development of a new hypersonic cruise missile weapon under a nearly $1 billion contract announced by the Pentagon Thursday. The Hypersonic Attack Cruise Missile is an air-launched, maneuverable weapon propelled by a […]
Boeing will move global HQ to Arlington
The Boeing Co., the world’s third-largest defense contractor, is moving its global headquarters from Chicago to Arlington, the company announced May 5. With more than 141,500 employees worldwide and operations in more than 65 countries, the aerospace and defense company will be the largest defense contractor headquartered in Virginia. Boeing already employs 400 people at its […]
Iridium taps Boeing exec for board
McLean-based satellite network operator Iridium Communications Inc. announced that Boeing executive Kay Sears has been elected to its board of directors. “We are fortunate to have such an accomplished executive with a keen understanding of our industry join our Board of Directors,” Iridium CEO Matt Desch said in a statement. “Kay has a finger on […]
Boeing plans global HQ move to Arlington
Boeing Co., the world’s third-largest defense contractor, is planning to move its global headquarters from Chicago to Arlington, the company announced Thursday. The aerospace and defense company, which employs more than 141,500 people worldwide, has operations in more than 65 countries and will be the largest defense contractor headquartered in Virginia. Falls Church-based Northrop Grumman [[...]
