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Boeing, Raytheon CEOs Talk Bid Strategies

Boeing, Raytheon CEOs Talk Bid Strategies - top government contractors - best government contracting event
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Boeing, Raytheon CEOs Talk Bid Strategies - top government contractors - best government contracting event
Dennis Muilenburg

Dennis Muilenburg, CEO of Boeing, has said the company invests money and effort to develop technology concepts with the goal to accelerate capability for customers when pursuing contracts, USNI News reported Thursday.

Muilenburg told analysts Wednesday at a conference call projects to build the U.S. Navy‘s MQ-25 Stingray unmanned aircraft and the U.S. Air Force‘s T-X trainer platform are part of defense strategies he believes have multidecade life cycles.

The Chicago-based company will produce the carrier-based drones under an $805M contract and manufacture the trainer jets under a $9.5B contract.

Boeing, Raytheon CEOs Talk Bid Strategies - top government contractors - best government contracting event
Thomas Kennedy

Thomas Kennedy, CEO of Raytheon, said Thursday during an earnings call the company looks at potential industry partners, manufacturing efficiency methods and multiple technologies prior to bid submission.

He added the Waltham, Mass.-based firm incorporates its innovations into competitions as part of efforts to increase the performance of a technology offering and reduce costs.

Raytheon builds the missile systems for the Navy“™s Naval Integrated Fire Control-Counter Air and Aegis Ashore systems.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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