Sign In
Search
Business/Financial

Despite Charges, Boeing Chief Cites Progress On Fixed-Price Defense Programs

Cal Biesecker By
SHARE:
Despite Charges, Boeing Chief Cites Progress On Fixed-Price Defense Programs
Boeing President and CEO Kelly Ortberg. Photo: Boeing

Boeing [BA] continues to grapple with challenges in troubled government programs it won bidding on fixed-price development contracts and while there is no simple fix progress is being made and performance should improve this year, Kelly Ortberg, the company’s president and CEO, said on Tuesday. Boeing’s fourth quarter financial results included $1.7 billion in pre-tax charges on five programs in the company’s defense segment that it disclosed last week (Defense Daily, Jan. 23). Ortberg told investors he has done his…

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.

Recommended

Business/Financial

V2X To Acquire QinetiQ’s Federal IT Services Business

Business/Financial

Rocket Lab Adds Payload Capability With Acquisition Of Geost

Business/Financial

General Atomics Aeronautical Systems Acquires Assets Of Engine Technology Company

Business/Financial

PDW Opens New Drone Factory In Huntsville, Aims To Build 60,000 UAS Annually

Trending

Beck Out As Director Of DIU
SpaceX Looks to 10th Starship Test, As Competing Rocket Companies Urge FAA to Restrict SpaceX Launches in Florida
KC-46A Boom Issues Not Confined to Refueling A-10s
York Space Systems Delivers 21 Transport Layer Satellites Ahead Of First SDA Tranche 1 Launch
Anduril Receiving Air Force Contract for Rocket Cargo Design Study

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume