Boeing has provided a $10 million donation to support programs and services of the Military Service Initiative of the George W. Bush Institute. The company said Wednesday it donated the money as part of a multiyear, $30 million investment geared toward veteran recovery and rehabilitation and military transition services. “Through our support of the Military Service Initiative, […] More

The Aerospace Industries Association has named at least 20 executives from the government contracting sector to its board of governors for 2018. Thomas Kennedy, chairman and CEO of Raytheon, will succeed Boeing CEO Dennis Muilenburg as chairman of AIA, the trade group said Monday. William Brown, chairman, president and CEO of Harris, will serve as […] More

Defense contractors such as Lockheed Martin, Northrop Grumman and Boeing have started to step up efforts to compete in the space segment as they see new business opportunities in the market, Space News reported Thursday. Bruce Tanner, chief financial officer at Lockheed, said at an earnings call Tuesday the company intends to spend up to […] More

Eric Fanning, formerly secretary of the U.S. Army, will succeed Dave Melcher as president and CEO of the Aerospace Industries Association beginning Jan. 1. “Eric will strengthen AIA“™s position as the voice of the aerospace and defense industry, bringing continued attention and advocacy to key issues affecting civil aviation, space and defense,“ Dennis Muilenburg, AIA chairman […] More

Boeing has pledged to give the American Red Cross a $1 million donation through the aerospace and defense contractor’s charitable trust to assist Texas communities hit by Hurricane Harvey. The company said Tuesday it will match employee contributions made to the humanitarian organization’s disaster relief efforts in the aftermath of storm. “Our thoughts are with […] More

Caroline Kennedy, former U.S. ambassador to Japan, has joined the board of directors at Boeing and she will serve on the board’s audit and finance committees. Dennis Muilenburg, Boeing chairman, president and CEO, said in statement published Thursday that Kennedy will contribute her professional, diplomatic and global perspectives to the board’s company oversight efforts. Kennedy previously served on various nonprofit […] More

Boeing has formed a new business unit that will develop aircraft controls and electronics systems as part of the company’s technology insourcing efforts, Fox Business reported Monday. The report said Boeing Avionics will focus on market areas such as navigation and flight controls for commercial and military aircraft platforms. Allan Brown, a Boeing vice president and program […] More

The defense sector trade group Aerospace Industries Association has elected new members its executive board of governors for 2017 that includes at least 20 government contracting industry leaders. AIA said Thursday Boeing CEO Dennis Muilenburg was chosen to serve as the association’s chairman of the board and Raytheon chief executive Thomas Kennedy was elected vice chairman. David Melcher was reappointed […] More

Jim McNerney, CEO of Boeing, told shareholders Wednesday that the company wants to adopt an incremental strategy to build passenger airplanes instead of taking a once-a-generation development approach, the Wall Street Journal reported Wednesday. “Our mind-set will be to avoid the moon shot,” McNerney said at the company’s annual investor meeting held Wednesday in Seattle. […] More

Uncertainty about future U.S. defense budgets is incentivizing domestic defense contractors to expand their international operations, Bloomberg reports. Rick Yuse, Raytheon Co.‘s space and airborne systems division president, recently told AOL Defense that the unit is looking to grow business throughout Asia-Pacific and the Middle East. Raytheon recently formed a new joint venture with a […] More

Following last week’s media reports that Google, Lockheed Martin, L-3 and Northrop Grumman had recently been targeted by hackers, aerospace giant Boeing has now admitted to being under  “continuous” cyber attack, although it has been spared from database breaches, a senior executive said. “We, as are other global enterprises, are under a continuous state of […] More

Boeing announced today the aviation company and its employees plan to donate $70,000 to help St. Louis, Mo., recover from last week“™s tornado. The American Red Cross will receive $50,000 from Boeing and $20,000 from the St. Louis Employees Community Fund. “We know that it will take time for the families and business people who […] More