Boeing receives $2.25B Air Force tanker contract
Arlington-based Boeing Co. will help the Air Force expand its fleet of KC-46A Pegasus tanker aircraft under a $2.25 billion contract modification announced by the Pentagon Friday. The award covers the service’s ninth production lot and includes 15 of the tankers as well as data, subscriptions and licenses. To date, 68 KC-46A Pegasus tankers have […]
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 […]
NASA, Boeing finalize $3.2B Artemis rocket contract
Arlington-based Boeing Corp. will continue manufacturing the core and upper stages of the Space Launch System rockets for NASA’s Artemis missions that are expected to take astronauts to the moon and beyond in coming years. NASA announced Friday that it finalized its $3.2 billion contract with Boeing, just two days before its Orion spacecraft splashed […]
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 […]
IALR names Boeing exec to EVP role
The Institute for Advancing Learning and Research in Danville has named Todd M. Yeatts as executive vice president of manufacturing advancement, effective. Oct. 3. Yeatts joins IALR from The Boeing Co., where he was senior manager for government operations. At the IALR, he will oversee the manufacturing advancement training program, and operation and strategic direction […]
Six Va. companies land spots on Fortune Global 500
Six Virginia-based companies have landed spots on Fortune Magazine’s Global 500 list, which was released Thursday and ranks the world’s 500 largest corporations by total revenue. Walmart Inc. took the top spot on the list, reporting $572 billion in revenue, retaining its top spot from last year. Amazon.com Inc. followed behind, rising a spot to […]
Boeing partners with Va. Tech on veterans’ center
When Virginia Tech’s $1 billion Innovation Campus opens in Alexandria in 2024, it will include a hub to connect veterans and their families with career resources and employment opportunities. It will also carry the name of one of the commonwealth’s largest defense contractors, The Boeing Co. The Boeing Center for Veteran Transition and Military Families, […]
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 [[...]
Richard Cullen to become Youngkin’s counselor
Gov.-elect Glenn Youngkin has selected former Virginia Attorney General Richard Cullen as counselor to the governor. A senior partner and former chairman of McGuireWoods, Cullen will leave Virginia’s largest firm on Jan. 14, the day before Youngkin is sworn in. Cullen joined McGuireWoods in 1977. From 1991 to 1994, he served as U.S. attorney for […]
Boeing makes record $50M gift to Va. Tech Innovation Campus
Aerospace and defense contractor Boeing made a record $50 million, multiyear commitment to foster diversity at the Virginia Tech Innovation Campus under development in Alexandria, Virginia Tech announced Tuesday. The largest corporate donation ever made to Virginia Tech, the commitment from Chicago-based Boeing also ties the largest private donation the university has received, the $50 […]