Archive: Business/Financial

Boeing Rejects Again Idea of Split Buy In Air Force KC-X Tanker Contest

By Michael Sirak Boeing [BA] remains resolutely against splitting the Air Force’s multi-billion-dollar KC-X tanker program with rival Northrop Grumman [NOC], the senior official leading the company’s KC-767 proposal said yesterday. "The bottom line for us is that we are really not interested in a split buy," Mark McGraw, Boeing Tanker Program manager, said Dec. […]

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By Geoff Fein Three days after acknowledging a weld problem with its Virginia-class submarines, the Navy yesterday said the issue was not as serious as first thought and all three boats should be ready to go this week. "We have come through the process of clearing the North Carolina (SSN-777) for alpha trials and the […]

Boeing Installs High-Energy Laser On C-130 Aircraft For Technology Demo

Boeing [BA] earlier this month installed a high-energy chemical laser designed to disable ground objects either with lethal and non-lethal power on a modified C-130H transport aircraft in preparation for a series of demonstration flights next year, the company said yesterday. The company’s activities fall under the Advanced Tactical Laser (ATL) advanced concept technology demonstration […]

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Conference Authorizers Give Nod To Multiyear CH-47 Chinook Procurement

The Boeing [BA] CH-47 Chinook helicopter program would benefit from congressional authority for multiyear procurement authority and D-to F-model conversion recommended in the Conference Report on the National Defense Authorization Act for Fiscal Year 2008. "It provides to the government, the Army and the taxpayers a significant benefit in the savings they receive basing procurement […]

Army Poised To Order More War Replacement Apache Helicopters

The Army is ready to order as many as 30 war replacement AH-64D Apache Longbow aircraft. Army Aviation and Missile Command has issued a solicitation limited to Boeing [BA], doing business as McDonnell Douglas Helicopter Co., for a base year and two options for the Apache Block II aircraft. Army Col. Derek Paquette, Army Apache […]

Navy Closing In On $2 Billion Price Tag For

By Geoff Fein The Navy is continuing to find ways to shave dollars from the cost of building Virginia-class submarines, and is within $40 million of reaching its goal of $2 billion per hull, according to a Navy official. Additionally, the Navy is moving closer to getting the construction cycle from build to completion down […]

Army Interested In Ground Penetrating Radar For Buried Target Detection

The Army is conducting market research to find out what companies have the technology, qualifications and capabilities to demonstrate a ground vehicle mounted high performance ground penetrating radar (GPR) to detect buried munitions under roads and anti-tank landmines. The research is being done by the Army CECOM Life Cycle Management Command (LCMC) Acquisition Center-Washington (CACW) […]

Boeing Confident HH-47 Will Prevail Again In New CSAR-X Competition

The Boeing [BA] HH-47 helicopter will prevail once again in the Air Force’s revised CSAR-X competition because it is the best platform for the combat- search-and-rescue mission, the company official in charge of the HH-47 program said recently. "We remain confident Boeing’s HH-47 is the best value choice and, in the end, will again be […]

U.K. MoD Orders More Lockheed Martin Desert Hawk UAS

The United Kingdom’s Ministry of Defence awarded Lockheed Martin [LMT] a $4.8 million contract to procure additional Desert Hawk III Unmanned Aircraft Systems (UAS), the company said Nov. 28. With a $6.3 million award in April, the contracts are directed at increasing the capability of the British Army. The Desert Hawk III UAS consists of […]