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Tag: Boeing

Boeing to build 4 new Chinooks for U.S. Special Operations

Boeing to build 4 new Chinooks for U.S. Special Operations

Business
June 29 (UPI) -- Boeing has been awarded an $ 80 million contract to build four new MH-47G Chinook helicopters for the U.S. Army's 160th Special Operations Aviation Regiment. The deal, announced Thursday by the Department of Defense, is a cost-plus-fixed-fee delivery order and will fulfill an urgent need for more aircraft due to increased Special Operations Forces operational demands. Fiscal procurement funds amounting to more than $ 80 million will be obligated at the time of the award. A majority of the work will be performed in Ridley Park, Pennsylvania. The twin-rotor aircraft has been in use since its first iteration, the CH-47, was introduced in 1962 to transport troops and large payloads at high speed and long ranges. The MH-47G, the most recent upgrade of the helicopter, has been...
Boeing tapped for three P-8A Poseidon aircraft

Boeing tapped for three P-8A Poseidon aircraft

Business
May 25 (UPI) -- Boeing has been awarded a contract by the Defense Department for three P-8A Poseidon aircraft. The deal was announced Thursday by the Defense Department in a contract worth more than $ 416.4 million under the terms of a modified firm-fixed-price contract. The contract enables Boeing to manufacture and deliver three P-8A Poseidon multi-mission maritime aircraft for the Navy, according to the Defense Department. The P-8A Poseidon is an anti-submarine and anti-surface warfare aircraft designed to work in conjunction with the MQ-4C Triton, an unmanned aerial vehicle, for maritime patrol operations, according to the Navy. Work on the contract will occur across the United States, as well as the United Kingdom, and is expected to be complete in October 2020. The total cumulative...
Boeing tapped for Super Hornet variant support

Boeing tapped for Super Hornet variant support

Business
May 9 (UPI) -- The U.S. Navy has awarded a contract to Boeing for materials in support of F/A-18E/F Super Hornets aircraft.The deal, which the Department of Defense announced Tuesday, is valued at more than $ 41.3 million under the terms of a firm-fixed-price advance acquisition contract.The contract from Naval Air Systems Command enables Boeing to provide long-lead materials for full rate production of 20 F/A-18E and four F/A-18F Super Hornet variants, according to a Defense Department contract announcement.Work on the contract will occur in St. Louis, Mo., and is expected to be complete in March 2022.The total cumulative value of the contract will be obligated to Boeing at time of award.The obligated funds will be allocated from Navy fiscal 2018 aircraft procurement funds, which will not...
Boeing tapped for Navy sensor upgrades

Boeing tapped for Navy sensor upgrades

Business
April 20 (UPI) -- The U.S. Navy awarded Boeing a contract for upgrades in support of the F/A-18E/F Super Hornet and the EA-18G Growler.The deal, announced Thursday by the Department of Defense, is valued at more than $ 18.7 million under the terms of a cost-plus-fixed-fee delivery order, which is a modification to a previous award.The contract from Naval Air Warfare Center Training Systems Division, out of Orlando, Fla., enables Boeing to integrate advanced software to the Tactical Operational Flight Trainer sensor models on F/A/-18E/F Super Hornet and the EA-18G Growler, according to a Defense Department contract announcement.Work on the contract will occur throughout the U.S. and Japan. The contract is expected to be complete in July 2021.The total amount of the contract award will be ob...
Rolls-Royce and Boeing invest in UK space engine

Rolls-Royce and Boeing invest in UK space engine

Science
Reaction Engines Limited (REL), the UK company developing a revolutionary aerospace engine, has announced investments from both Boeing and Rolls-Royce. REL, based at Culham in Oxfordshire, is working on a propulsion system that is part jet engine, part rocket engine. The company believes it will transform the space launch market and usher in hypersonic travel around the Earth. The new investments amount to £26.5m. Included in this sum are contributions from Baillie Gifford Asset Management and Woodford Investment Management. It lifts the total capital raised in the past three years to about £100m. The British government has already put in £60m. BAE Systems initially injected £20m in 2015 and has invested new funds in this latest financial round. "Rolls-Royce and Boeing - these are really b