Sign In
Search
Business/Financial

In A Fast Changing World, Boeing Acquiring Aurora To Help Develop Future Aircraft

Cal Biesecker By
SHARE:
In A Fast Changing World, Boeing Acquiring Aurora To Help Develop Future Aircraft
Flight test of Aurora Flight Sciences subscale VTOL UAS. Earlier this year the company conducted a series of flight tests on the 325-pound aircraft, demonstrating the ability of the tiltwing aircraft to take-off and land vertically and to fly horizontally. Photo: Aurora Flight Sciences

Boeing [BA] on Thursday said it has agreed to acquire Aurora Flight Sciences, a technology leader in autonomy, aerostructures and aerospace designs, in a deal the world’s largest aerospace company is betting will help it design and develop the next-generation of commercial and military aircraft that are expected to increasingly feature more autonomous capabilities.Terms of the deal were not disclosed but Boeing said it doesn’t affect its financial guidance. Aurora, based in Northern Virginia, has 550 employees, not far above…

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

Sidus Space Looks to Raise $25M in Public Offering

Business/Financial

HawkEye 360 CEO Says ISA Buy Will Bolster Hawkeye’s Signals Analysis and Financial Position With Acquisition Of ISA

Business/Financial

Trump To Defense Industry Leaders: Slash Executive Pay, Dividends And Buybacks In Favor Of Production Investments

Business/Financial

CACI Makes Play To Bolster Space Capabilities With $2.6 Billion Bid For ARKA Group

Trending

Still Early Days But DoD Taking Positive Steps To Improve Acquisition, Lynn Says Ahead Of Exit
Coast Guard Awards $3.3 Billion In Polar Icebreaker Contracts To Bollinger And Rauma
Boeing Awarded $8.6 Billion Deal To Build Israel’s New F-15IA Fighter Jets
Tory Bruno Hops From ULA, Skips To Blue Origin
Lockheed’s Venture Arm Invests In Battery Technology Company South 8

Contract Updates

Hartech Group LLC (New Port Richey, Florida) – $10,153,033

Hartech Group LLC, New Port Richey, Florida, has been awarded a maximum $10,153,033 firm-fixed-price contract for three high precision jig grinders with Fanuc controllers. This was a sole-source acquisition using justification 10 U.S. Code 3204 (c)(1), as stated in Federal…

Lockheed Martin Space (Sunnyvale, California) – $142,621,543

Lockheed Martin Space, Sunnyvale, California, is being awarded a $142,621,543 noncompetitive, cost-plus-incentive-fee, cost-plus-fixed-fee, and firm-fixed-price contract modification (P00073) under a Foreign Military Sales (FMS) case to the United Arab Emirates (UAE). The total value of the contract increased to $876,747,896.…

Amentum Services (Chantilly, Virginia) – $10,645,952

Amentum Services, Chantilly, Virginia, was awarded a $10,645,952 cost-no-fee, time-and-materials modification (P00074) to contract W58RGZ-25-C-0004 to provide global aviation maintenance services. The modification brings the total cumulative face value of the contract to $158,855,989. Work will be performed in Schofield…

General Electric Co. (Lynn, Massachusetts) – $26,950,000

General Electric Co., Lynn, Massachusetts, was awarded a $26,950,000 cost-plus-incentive-fee modification (P00100) to contract W58RGZ-19-C-0003 to support the engineering and manufacturing development of the improved turbine engine. The modification brings the total cumulative face value of the contract to $862,954,255.…

The Force Multipliers

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Job Feed

Post a Job // Post a Resume