Search

Boeing Begins Rebound, Turns A Profit On Higher Sales

Boeing Begins Rebound, Turns A Profit On Higher Sales
Boeing President and CEO Dave Calhoun. Photo: Boeing

It’s been a miserable two years for Boeing [BA] following the fatal crashes of two of its customers’ 737 MAX passenger jets in late 2018 and early 2019, which led to production shutdowns, losses and dramatically reduced sales, not to mention a pandemic that dramatically constrained global air travel and exacerbated its woes, but on Wednesday the company showed it is on the way back, posting strong sales and a profit in the second quarter as it increases aircraft deliveries…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Contract Updates

R&M Government Services (Las Cruces, New Mexico) – $23,894,784

R&M Government Services,* Las Cruces, New Mexico, has been awarded a maximum $23,894,784 firm-fixed-price, indefinite-quantity contract for battery compartments. This was a sole-source acquisition using justification 10 U.S. Code 3204 (a)(1), as stated in the Federal Acquisition Regulation 6.302-1. This…


L3Harris Technologies Inc. (Clifton, New Jersey) – $9,571,947

L3Harris Technologies Inc., Clifton, New Jersey, is being awarded $9,571,947 for a firm-fixed-price contract for the procurement of 74 radio frequency amplifiers in support of Navy F/A-18E/F/G aircraft. The contract does not include an option provision. All work will be…


Sikorsky Aircraft Corp. a Lockheed Martin Co. (Stratford, Connecticut) – $21,600,000

Sikorsky Aircraft Corp., a Lockheed Martin Co., Stratford, Connecticut, is awarded a not-to-exceed $21,600,000 cost reimbursable undefinitized order (N0001926F1016) against a previously issued basic ordering agreement (N0001923G0002). This order provides for instantaneous access to 105% Transient Engine Torque test and…


Amentum Mitie Pacific LLC (Chantilly, Virginia) – $85,236,794

Amentum Mitie Pacific LLC, Chantilly, Virginia, is awarded an $85,236,794 fixed-price-award-fee, indefinite-delivery/indefinite-quantity contract for base operating support services at Navy Support Facility, Diego Garcia. Work will be performed at Diego Garcia, British Indian Ocean Territory, and is expected to be…