:

Business/Financial

Boeing Ventures Arm Invests In Small Advanced Materials Firm

By Cal Biesecker

Wednesday, November 1st, 2017

SHARE:

Boeing Ventures Arm Invests In Small Advanced Materials Firm

Gamma Alloys' metal powder and ceramic nanoparticles are blended in a uniform metal-matrix composite. Photo and caption. Gamma Alloys

Boeing [BA] on Wednesday said its HorizonX ventures arm has taken a minority ownership stake in a small company that develops and produces advanced metal-matrix composites for the aerospace, defense, automotive and energy industries.Gamma Alloys has 10 employees and is based Los Angeles and does large scale manufacturing in Missouri and manufacturing in Stockton, Calif. Boeing’s investment in the company is the first by HorizonX in advanced materials and related machining development and applications.Boeing hopes to use Gamma’s capabilities in…

Congress

House Republicans’ Blueprint For Reconciliation 3.0 Includes $60 Billion For Defense

House Republicans on Wednesday unveiled a blueprint for a third reconciliation bill that includes $60 billion for defense, a figure slightly below the Trump administration’s request to cover Iran war […]

Congress

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]