Boeing has pledged to give the American Red Cross a $1 million donation through the aerospace and defense contractor’s charitable trust to assist Texas communities hit by Hurricane Harvey. The company said Tuesday it will match employee contributions made to the humanitarian organization’s disaster relief efforts in the aftermath of storm. “Our thoughts are with […] More

Caroline Kennedy, former U.S. ambassador to Japan, has joined the board of directors at Boeing and she will serve on the board’s audit and finance committees. Dennis Muilenburg, Boeing chairman, president and CEO, said in statement published Thursday that Kennedy will contribute her professional, diplomatic and global perspectives to the board’s company oversight efforts. Kennedy previously served on various nonprofit […] More

Boeing has formed a new business unit that will develop aircraft controls and electronics systems as part of the company’s technology insourcing efforts, Fox Business reported Monday. The report said Boeing Avionics will focus on market areas such as navigation and flight controls for commercial and military aircraft platforms. Allan Brown, a Boeing vice president and program […] More

The defense sector trade group Aerospace Industries Association has elected new members its executive board of governors for 2017 that includes at least 20 government contracting industry leaders. AIA said Thursday Boeing CEO Dennis Muilenburg was chosen to serve as the association’s chairman of the board and Raytheon chief executive Thomas Kennedy was elected vice chairman. David Melcher was reappointed […] More

Jim McNerney, CEO of Boeing, told shareholders Wednesday that the company wants to adopt an incremental strategy to build passenger airplanes instead of taking a once-a-generation development approach, the Wall Street Journal reported Wednesday. “Our mind-set will be to avoid the moon shot,” McNerney said at the company’s annual investor meeting held Wednesday in Seattle. […] More

Boeing has made an investment in Fortem Technologies through its ventures arm to help the Salt Lake City, Utah-based company advance the development of radar platforms for unmanned aerial vehicles. Fortem has developed a radar system, TrueView, that works to help drones detect and avoid other aerial objects and perform package delivery, cargo transport, infrastructure inspections […] More

Boeing has invested in Cuberg to help the Berkeley, California-based startup further develop its battery cell technology for potential applications within the industrial and aerospace sectors. Boeing said Monday it made the investment through its ventures arm HorizonX, which spearheaded a seed funding round that included HPC Energy Services. Former researchers at Stanford University founded […] More