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August 5, 2014
08:01 EDTBA, BAESYBAE Systems signs five-year agreement with Emirates
BAE Systems (BAESY) has signed a five-year agreement with Emirates, the world’s largest Boeing (BA) 777 operator, to provide maintenance and technical support for its entire Boeing fleet. Under the terms of the agreement, BAE Systems will deliver on guaranteed turn around times, position product in region, and provide benchmark technical support. The company will provide maintenance support for products supplied at line fit to Boeing, such as flight controls, flight deck systems, and control and monitoring systems, at its service centers in the United States, United Kingdom, and Singapore, all of which have received Gold Boeing Performance Excellence Awards for tremendous focus on customer service and continuous improvement processes.
News For BAESY;BA From The Last 14 Days
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November 24, 2015
18:08 EDTBAESYBAE Systems awarded $103.77M government contract
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17:22 EDTBAESYBAE Systems awarded $103.7M contract by U.S. Marine Corps
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05:32 EDTBABoeing and BOC Aviation announce order for 22 737s
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05:27 EDTBABoeing, EVA Airways finalize commercial airplane purchase
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November 23, 2015
17:47 EDTBABoeing awarded $261.98M government contract
Boeing has been awarded a $261.98M firm-fixed-price, undefinitized contract action for delivery order to previously awarded contract FA8213-15-D-0002 for lot 19 Joint Direct Attack Munition, or JDAM, tailkits. Contractor will provide JDAM strap-on inertial guidance kits with the capability to receive guidance updates from Global Positioning Systems to increase weapon accuracy for conventional inventory bombs. Work will be performed at St. Louis, Missouri, and is expected to be complete by Nov. 20, 2017. Fiscal 2014, 2015 and 2016 ammunition funds in the amount of $13.28M are being obligated at the time of award. Air Force Life Cycle Management Center, Hill Air Force Base, Utah, is the contracting activity.
16:21 EDTBAAerojet Rocketdyne signs contract to support new era of spaceflight in U.S.
Aerojet Rocketdyne, a subsidiary of Aerojet Rocketdyne Holdings (AJRD), has signed a contract with Boeing (BA) valued at nearly $200M that supports a new era of spaceflight - one that will carry humans to the International Space Station from American soil once again. Under its Commercial Crew Transportation Capability subcontract to Boeing, Aerojet Rocketdyne is completing the design, development, qualification, certification and initial production of the Crew Space Transportation, or CST,-100 "Starliner" service module propulsion system. A CST-100 Starliner partner and team member since 2010, Aerojet Rocketdyne's work continues the development of the service module and launch abort propulsion system from prior commercial crew contracts with Boeing.
November 22, 2015
18:29 EDTBADelta CEO says Boeing offered used 777s for $10M, Bloomberg reports
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November 18, 2015
10:08 EDTBAESYBAE Systems awarded $25.2M contract from U.S. Navy for USS Forrest Sherman
BAE Systems has received a $25.2M competitively awarded contract from the U.S. Navy to perform repair, maintenance, and modernization services for the USS Forrest Sherman, an Arleigh Burke-class guided missile destroyer. The availability of the Forrest Sherman is scheduled to begin in January 2016 and conclude in July 2016. The scope of work under the firm fixed price contract includes drydocking the 509.5-foot-long ship, mechanical and electrical repairs, underwater hull preservation, propulsion system maintenance, and various modernization work. The contract contains options, which, if exercised, could bring its total value to $26.7M.
November 17, 2015
07:44 EDTBAInterest rate increases usually a bullish signal for Boeing, says Canaccord
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November 16, 2015
19:40 EDTBALockheed Martin-Boeing JV won't bid for next U.S. satellite launch, Reuters says
Lockheed Martin (LMT) and Boeing's (BA) joint venture won't bid for the next U.S. GPS satellite launch due to the structure of the competition and because the venture didn't have engines for its Atlas 5 rocket. Reference Link
13:17 EDTBABoeing forecasts $350B market for new airplanes in Latin America
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12:02 EDTBABoeing Business Jets announces four new BBJ MAX 8 orders
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