Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Boeing Co    BA

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

The Boeing Company : Boeing Receives $178 Million Contract for B61 Tail Kit Assembly

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/28/2012 | 12:50am CET

New weapon product line expands Boeing's Direct Attack portfolio

ST. LOUIS, Nov. 27, 2012 -- Boeing [NYSE: BA] will help to modernize the B61 free-fall ballistic munition by designing a new tail kit under a $178 million contract from the U.S. Air Force.

The design, development and qualification phase of the B61 (Mod 12) Life Extension Program is expected to run for three years. The program further expands Boeing's Direct Attack weapons portfolio.

The B61 is a U.S. nuclear weapon that was designed in the early 1960s and went into full production in 1968. B61 (Mod 12) will replace obsolete parts and improve its reliability. Per the contract, Boeing will work with the departments of Defense and Energy on this program.

"Boeing has provided a wide range of reliable and affordable direct attack weapon solutions to the warfighter for more than a decade," said Debbie Rub, Boeing vice president and general manager for Missiles and Unmanned Airborne Systems. "We will apply our proven experience in tail kit production to this platform to effectively upgrade a vital deterrent capability."

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $32 billion business with 61,000 employees worldwide.@BoeingDefense.

# # #

Contact:

Garrett Kasper
Missiles & Unmanned Airborne Systems
Office: 314-232-0199
Mobile: 314-616-5169
garrett.d.kasper@boeing.com

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BOEING CO
04:50p BOEING : Presolicitation Notice - PROCUREMENT OF CREW TRANSPORTATION AND RESCUE ..
04:42p BOEING : KidZania’s longest aircraft in the region arrives in Doha
04:15p BOEING : House bill would target Iran's airline and test its nuclear deal
03:18p US CONGRESS RENEWS PUSH TO SABOTAGE : Report
01:41p BOEING : MILITARY $28,888 Federal Contract Awarded to Boeing
01:27p BOEING : MILITARY $52,418 Federal Contract Awarded to Boeing
01:27p BOEING : MILITARY $47,870 Federal Contract Awarded to Boeing
01:27p BOEING : MILITARY $190,193 Federal Contract Awarded to Boeing
01/17 BOEING : says CEO to meet with Trump on Tuesday
01/17 BOEING : Drone video of Turkish cargo plane crash site
More news
Sector news : Commercial Aircraft Manufacturing
12:21pDJSINGAPORE TECHNOLOGIES : Electronics Arm to Buy 51% Stake in SP Telecommunicatio..
11:45aDJTrump Victory Slows Business Investment in Iran
01/17 PETROLEO BRASILEIRO PETROBRAS : Rolls-Royce to pay more than $800 million to set..
01/17 PETROLEO BRASILEIRO PETROBRAS : Rolls-Royce to pay more than $800 million to set..
01/17DJROLLS ROYCE : U.K. Court Approves Rolls-Royce Corruption Settlement -- Update
More sector news : Commercial Aircraft Manufacturing
News from SeekingAlpha
10:52a Boeing has an updated F-18 in the works
06:58a WALL STREET BREAKFAST : Samsung Leadership In Crisis?
01/17 Bet On Red - Also, White And Blue
01/17 Boeing CEO says meeting with Trump "very productive"
01/17 TCP CAPITAL : An Ignored High-Yield Dividend Stock To Own
Advertisement
Financials ($)
Sales 2016 94 382 M
EBIT 2016 5 803 M
Net income 2016 4 751 M
Debt 2016 461 M
Yield 2016 2,76%
P/E ratio 2016 21,39
P/E ratio 2017 16,45
EV / Sales 2016 1,04x
EV / Sales 2017 1,05x
Capitalization 97 309 M
More Financials
Chart BOEING CO
Duration : Period :
Boeing Co Technical Analysis Chart | BA | US0970231058 | 4-Traders
Full-screen chart
Technical analysis trends BOEING CO
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 161 $
Spread / Average Target 2,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Gregory D. Smith Chief Financial Officer & Executive Vice President
Ted Colbert Chief Information Officer
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Kenneth M. Duberstein Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
BOEING CO1.28%97 309
TEXTRON INC.0.39%13 173
DASSAULT AVIATION2.57%9 595
AVICHINA INDUSTRY & TE..9.74%4 536
AVIC HELICOPTER CO LTD1.94%4 481
EMBRAER SA6.50%4 012
More Results