Boeing, Lockheed Seek to Grow UK Footprints in 2014; Roger Bone, Stephen Ball Comment

BoeingLogo1 EbizBoeing and Lockheed Martin want to grow their footprint in the U.K. defense and aerospace market as well as maintain partnerships with existing customers there, the Daily Mail reported Monday.

Ben Griffiths write the two U.S.-based contractors have sought growth opportunities abroad to help weather downturn in their home country.

Sir Roger Bone, president of Boeing U.K., told the Daily Mail the company outsourced roughly $1.2 billion of defense and commercial aircraft work to the region in 2013.

Stephen Ball, Lockheed’s U.K. chief executive, told the publication that business operations grew by 20 percent last year.Lockheed Martin Blue

Lockheed is the prime contractor for the F-35 program and Boeing provides logistics information services to the Ministry of Defense under a potential 10-year, $1 billion contract.

Filed in: General Tags: , , , , , , ,

You might like:

Boeing Sponsors ‘Flight-Ready’ Concepts for Space Research; Greg Johnson, John Shannon Comment Boeing Sponsors ‘Flight-Ready’ Concepts for Space Research; Greg Johnson, John Shannon Comment
Lockheed Updates Small UAS Automation Systems; Kevin Westfall Comments Lockheed Updates Small UAS Automation Systems; Kevin Westfall Comments
Ball Aerospace Begins Work on Two Air Quality Sensors; Rob Strain Comments Ball Aerospace Begins Work on Two Air Quality Sensors; Rob Strain Comments
Boeing, root9B Offer Updated Cyber Training Tool; Per Beith Comments Boeing, root9B Offer Updated Cyber Training Tool; Per Beith Comments

Leave a Reply

Submit Comment

© 2014 ExecutiveBiz. All rights reserved.

A Digest of ExecutiveBiz's Daily Coverage of GovCon

  • Executive Analysis
  • Technology & Innovation
  • Business

Sign up for the ExecutiveBiz Digest