Boeing (NYSE:BA) has performed the first manned flight of the QF-16 Aerial Target.

Boeing Complete Aerial Target Test

The U S Air Force and Boeing (NYSE:BA) have jointly completed the first manned flight of the QF-16 Full Scale Aerial Target (FSAT) at the Cecil Field in Jacksonville.

Torbjorn Sjogren, Boeing (NYSE:BA) vice president, Global Maintenance and Upgrades said, “With this successful first flight of the QF-16, the Air Force, Boeing and our supplier-partners have laid the groundwork for the program to enter low-rate production in 2013 and make its first production delivery in 2014.”

Boeing Co. (NYSE:BA) shares were at 73.12 at the end of the last day’s trading. There’s been a -2.3% change in the stock price over the past 3 months.

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: 2 out of 9 in the industry

Boeing (NYSE:BA)’s 787 Dreamliner has won a top innovation award.

Boeing Dreamliner Wins Award

According to reports, Boeing (NYSE:BA)’s 787 Dreamliner has earned top honors at the 2012 Hermes Awards for Innovation in Paris.

The award for creative development included input from international passenger organizations, experts in the industry and university studies.

Boeing (NYSE:BA) was also recognized for meeting both industry and customer needs for planes that are more efficient and have increased passenger-comfort amenities.

Yves Galland, President of Boeing (NYSE:BA) France, said that, “Boeing (NYSE:BA) is very proud to receive this prestigious award which recognizes the 787′s amazing technological breakthrough. Boeing (NYSE:BA) shares this prize with the eight French companies providing critical products and systems onboard the Dreamliner as well as the entire international team and our customers around the world”.

Boeing Co. (NYSE:BA) shares are currently standing at 73.80.

Price History
Last Price: 73.80
52 Week Low / High: 56.01 / 80.09
50 Day Moving Average: 74.47
6 Month Price Change %: 13.8%
12 Month Price Change %: -6.7%

Boeing has completed the acquisition of Inmedius.

Boeing Buys Immedius

Boeing (NYSE:BA) has finished the acquisition of Inmedius.

Inmedius, headquartered in Pittsburgh, Pennsylvania, is a provider of software applications and services for managing and sharing information and learning content.

The company will be integrated into Boeing (NYSE:BA) Commercial Aviation Services’ subsidiary, ‘Continental DataGraphics’.

The Terms of the deal have not been disclosed.

Inmedius President and CEO Gary Schaffer will continue to lead the business, which has about 75 employees and offices in the United Kingdom and India.

Boeing Co. (NYSE:BA) stocks were at 74.05 at the end of the last day’s trading. There’s been a -1.9% change in the stock price over the past 3 months.

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 9 in the industry

Boeing (NYSE:BA) has tested a parachute system for the CST-100 Spacecraft.

Boeing Tests Space Parachute

Reports say that Boeing (NYSE:BA) has completed the second parachute drop test for its Crew Space Transportation (CST) spacecraft.

This successful attempt was a part of Boeing (NYSE:BA)’s effort to develop commercial crew transportation capabilities that could ferry U.S. astronauts to and from low Earth orbit (LEO) and the International Space Station.

John Mulholland, vice president and program manager of Boeing (NYSE:BA) Commercial Programs, said that, “This second parachute drop test validates Boeing (NYSE:BA)’s innovative system architecture and deployment plan. Boeing (NYSE:BA)’s completion of this milestone reaffirms our commitment to provide safe, reliable and affordable crewed access to space”.

Boeing Co. (NYSE:BA) shares were at 74.96 at the end of the last day’s trading. There’s been a 0.3% change in the stock price over the past 3 months.

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: 3 out of 9 in the industry

Boeing (NYSE:BA) has received a low rate production contract for Block III Apaches.

Boeing Wins Apache Deal

Boeing (NYSE:BA) announced that it has won a $486.4 million firm-fixed-price contract for the low rate initial production (LRIP) of the AH-64D Apache Block III attack helicopter from the US Army.

Boeing (NYSE:BA) also received a $171.8 million firm-fixed-price contract for the procurement of Foreign Military Sales (FMS) Apache Block III aircraft.

David Koopersmith, Boeing (NYSE:BA)’s attack helicopter programs, said that, “Boeing (NYSE:BA) and Team Apache is thrilled to continue fulfilling the promise to deliver improved sustainment and advanced capabilities with the Apache Block III helicopters for US Army soldiers and allied defence forces around the world”.

Boeing Co. (NYSE:BA) stocks are currently standing at 75.84.

Price History
Last Price: 75.84
52 Week Low / High: 56.01 / 80.42
50 Day Moving Average: 74.52
6 Month Price Change %: 15.3%
12 Month Price Change %: -3.3%

Boeing (NYSE:BA) has inked an agreement with Xerox Managed Print Services.

Boeing Signs Xerox Deal

Boeing (NYSE:BA) has announced that it has partnered with Xerox Managed Print Services.

According to the terms of the deal, Xerox will deploy a managed print services (MPS) strategy for Boeing (NYSE:BA).

Xerox will provide a streamlined approach to managing documents on the ground in Boeing (NYSE:BA)’s U.S. offices.

Ted Colbert, vice president, Boeing (NYSE:BA) IT Infrastructure, said that, “This partnership will strengthen Boeing (NYSE:BA)’s ability to provide best-in-class print services to our employees and customers. Additionally, the newer technologies and improved services Xerox provides will help reduce IT costs while maintaining our commitment to an environmentally friendly workplace”.

Boeing Co. (NYSE:BA) stocks are currently standing at 77.26.

Price History
Last Price: 77.26
52 Week Low / High: 56.01 / 80.42
50 Day Moving Average: 74.5
6 Month Price Change %: 20.0%
12 Month Price Change %: -2.8%

Lockheed Martin (NYSE:LMT) has decided to build a new a new flight training center in South Korea.

Lockheed Martin To Build New Training Center

According to the South Korean Ministry of Land, Transport and Maritime Affairs, Lockheed Martin (NYSE:LMT) will build a flight training center in western South Korea for pilots working for local low-cost carriers.

As a part of the move, an agreement has been signed between Incheon International Airport Corp. and Lockheed Martin (NYSE:LMT) on Friday.

The training center will be located near Incheon International Airport and is expected to be completed at the end of this year.

Lockheed Martin (NYSE:LMT) shares were at 91.30 at the end of the last day’s trading. There’s been a 11.3% movement in the stock price over the past 3 months.

Lockheed Martin (NYSE:LMT) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 3 out of 9 in the industry

Northrop Grumman (NYSE:NOC) has received a new contract from the US Air Force.

Northrop Grumman Wins Air Force Deal

Under this new deal worth $52.8 million, the defense contract giant Northrop Grumman (NYSE:NOC) will upgrade the air force’s electronic attack (EA) pods.

Tom Vice, corporate vice president and sector president, Northrop Grumman (NYSE:NOC) Technical Services said, “We are honored that the U.S. Air Force selected Northrop Grumman to modernize their electronic attack pods. The Northrop Grumman (NYSE:NOC) team designed an innovative solution that provides our U.S. Air Force pilots with the electronic warfare protection they need while flying combat operations.”

Northrop Grumman (NYSE:NOC) stocks are currently standing at 63.75.

Price History
Last Price: 63.75
52 Week Low / High: 49.2 / 70.61
50 Day Moving Average: 60.96
6 Month Price Change %: 10.1%
12 Month Price Change %: 1.1%