October 8, 2023 | International, Aerospace
The test flight is an early step toward getting the robot aircraft ready to fly in support of Marine Corps missions.
May 2, 2024 | International, Land
The contract will be managed by Safran Helicopter Engines Germany in Hamburg, which monitors and supports 300 helicopter operators in Germany, Northern Europe, Eastern Europe and Central Asia, for a...
December 18, 2019 | International, C4ISR
December 17, 2019 - The Defense Intelligence Agency (DIA) has awarded BAE Systems a prime contractor position on Solutions for Intelligence Analysis 3 (SIA 3), a ten-year multiple award indefinite delivery/indefinite quantity (IDIQ) with a combined ceiling value of over $17 billion. Through this contract, the company will provide worldwide coverage, support and assistance to DIA, delivering timely, objective and cogent military intelligence to warfighters, defense planners and policy makers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191217005768/en/ “We are delivering secure, cost-efficient services to maintain and enhance the mission-critical systems DIA relies on every day,” said Peder Jungck, vice president and general manager of the sector's Intelligence Solutions business. “We're excited to continue our longstanding partnership with DIA and bring our next-generation talent to work for their mission.” BAE Systems was the largest provider of analytic services on DIA's prior IDIQ, SIA 2, and has provided intelligence support and related services to the agency for over three decades. The company will continue to bring a workforce of cleared personnel in highly technical fields with an excellent understanding of the customers, their mission, and their environment. BAE Systems delivers a broad range of services and solutions enabling militaries and governments to successfully carry out their respective missions. The company provides large-scale systems engineering, integration, and sustainment services across air, land, sea, space, and cyber domains. BAE Systems takes pride in its support of national security and those who serve. Click here to learn more about career opportunities with BAE Systems. View source version on businesswire.com: https://www.businesswire.com/news/home/20191217005768/en/
January 11, 2019 | International, Aerospace
SAO PAULO and CHICAGO, Jan. 10, 2019 /PRNewswire/ -- Embraer [B3: EMBR3, NYSE: ERJ] and Boeing [NYSE: BA] have welcomed approval by the Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government's approval comes after the two companies last month approved terms for the joint venture that will be made up of the commercial aircraft and services operations of Embraer. Boeing will hold an 80 percent ownership stake in the new company and Embraer will hold the remaining 20 percent. The companies have also agreed to the terms of another joint venture to promote and develop new markets for the multi-mission medium airlift KC-390. Under the terms of this proposed partnership, Embraer will own a 51 percent stake in the joint venture, with Boeing owning the remaining 49 percent. Once Embraer's Board of Directors ratifies its prior approval, the two companies will then execute definitive transaction documents. The closing of the transaction will be subject to shareholder and regulatory approvals and customary closing conditions. Assuming the approvals are received in a timely manner, the transaction is intended to close by the end of 2019. Forward-Looking Information Is Subject to Risk and Uncertainty Certain statements in this release may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the proposed terms of the transaction, the ability of the parties to satisfy the conditions to executing or closing the transaction and the timing thereof, and the benefits and synergies of the proposed transaction, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on current assumptions about future events that may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and neither party undertakes an obligation to update or revise any forward-looking statement, except as required by law. Specific factors that could cause actual results to differ materially from these forward-looking statements include the effect of global economic conditions, the ability of the parties to reach final agreement on a transaction, consummate such a transaction and realize anticipated synergies, and other important factors disclosed previously and from time to time in the filings of The Boeing Company and/or Embraer with the Securities and Exchange Commission. Media Contacts: Chaz Bickers Boeing Communications charles.n.bickers@boeing.com 312-544-2002 Valtecio Alencar Global Corporate Communications Embraer Valtecio.alencar@embraer.com.br 11-3040-6891 SOURCE Boeing https://boeing.mediaroom.com/2019-01-10-Embraer-and-Boeing-Welcome-Brazilian-Government-Approval-of-Strategic-Partnership