Boeing To Provide Defense Support

Categories: Defense





Boeing (NYSE:BA) has plans to provide Integrated Logistics support for Thales Australia Vehicle Prototypes.

Boeing To Provide Defense Support

Boeing (NYSE:BA) announced that its subsidiary Boeing (NYSE:BA) Defence Australia (BDA) will provide Integrated Logistics Support (ILS) during the next stage of development of Thales Australia’s Hawkei Protected Mobility Vehicle – Light prototypes.

Under the AU$3.5 million contract, Boeing (NYSE:BA) Defence Australia (BDA) will also deliver a trailer that will be delivered to the Australian government for further testing.

Kim Gillis, managing director, Boeing (NYSE:BA) Defence Australia (BDA), said that, “Boeing (NYSE:BA) Defence Australia (BDA) and Thales Australia are a formidable team, and on this project we bring together the best of both companies — Boeing (NYSE:BA) Defence Australia (BDA)’s leading in-country ILS expertise and Thales Australia’s protected-vehicle design expertise. Major Australian Defence Force acquisition programs, such as Wedgetail Airborne Early Warning & Control and Vigilare, have benefited from Boeing (NYSE:BA) Defence Australia (BDA)’s ILS services. We continue to provide operational lifecycle support for aircraft including classic Hornets, Super Hornets and the C-17 Globemaster III Integrated Sustainment Program”.

Boeing Co. (NYSE:BA) shares were at 72.77 at the end of the last day’s trading. There’s been a -4.3% change in the stock price over the past 3 months.

Boeing To Provide Defense Support
Boeing Co. (NYSE:BA) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 1 out of 10 in the industry


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