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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 […]
7 Virginia businesses land on Fortune Global 500
Virginia has seven businesses named to the Fortune Global 500 for 2025.
41 Virginia companies made the 2025 Fortune 1000
Forty-one companies headquartered in Virginia made the grade in Fortune magazine’s 71st annual Fortune 1000 list, and 25 Virginia companies are on this year's elite Fortune 500.
DOJ seeks to drop Boeing fraud charge in 737 Max case
DOJ seeks to dismiss Boeing's 737 Max fraud charge after $1.1B deal; judge to decide on the motion.
DOJ reaches deal with Boeing to avoid prosecution over 737 Max crashes
Boeing reaches $1.1B deal with DOJ to avoid criminal charges over 737 Max crashes that killed 346; victims’ families strongly oppose the agreement.
Defense Department accepts Boeing 747 from Qatar for Trump’s use
Defense Secretary Pete Hegseth has accepted a gifted Boeing 747 from Qatar for President Donald Trump to use as Air Force One, the Pentagon said Wednesday.
Justice Department says it may drop criminal prosecution of Boeing over Max crashes
The Justice Department may drop its criminal prosecution of Boeing for allegedly misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed and killed 346 people in 2018 and 2019, according to a weekend court filing.
Boeing, trying to emerge from one of company’s most difficult eras, is having a pretty good week
Boeing secures a $96 billion jet order from Qatar and a major deal with Saudi Arabia as Trump visits the Middle East. Boeing stock hits yearly high.
