U.S. Navy Selects X-Bow Systems to Modernize and Automate Energetics Industrial Base [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
Dec. 3, 2024 /PRNewswire/ -- X-Bow Systems Inc (X-Bow), a leading non-traditional producer of advanced solid rocket motors (SRMs) and defense technologies, and Naval Surface Warfare Center Indian Head Division (NSWC IHD) today announced five contracts to-date totaling $60 million for phase 1 design, development, and long-lead procurement to advance the readiness and capacity of the energetics industrial base. The contracts have a period of performance of up to two years. X-Bow is working several OTA efforts as a key partner to NSWC IHD focused on modernizing and automating key facilities and capabilities related to SRM production. As part of the U.S. Navy's $2.7 billion 15-year modernization plan for NSWC IHD (a piece of the Department of Defense's national defense strategy), this work will help unlock, expand and modernize the nation's energetics manufacturing capabilities while strengthening the Organic Industrial Base's ability to meet solid propellant rocket motor propulsion nee
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BA
Earnings
- 10/23/24 - Miss
BA
Sec Filings
- 11/27/24 - Form S-4/A
- 11/26/24 - Form 144
- 11/19/24 - Form EFFECT
- BA's page on the SEC website