Boeing/BAe? | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 09.21.17

Airborne 09.18.17

Airborne 09.19.17

Airborne 09.20.17

Airborne 09.21.17

Airborne 09.22.17

Airborne-Unmanned 09.19.17

Airborne-YouTube

AMA 09.21.17

Airborne 09.18.17

Airborne 09.19.17

Airborne 09.20.17

Airborne 09.21.17

Airborne 09.22.17

Airborne-Unmanned 09.19.17

NEW!!! 2017 AirVenture Innovation Preview -- YouTube Presentation / Vimeo Presentation

Fri, Jun 27, 2003

Boeing/BAe?

The Chicago Tribune reports that, in a meeting earlier this week in London, Boeing Chairman Phil Condit "said he is interested in the possibility of combining with BAE Systems PLC."

It's one of many ideas, the Boeing boss man noted, that are currently being discussed, to add shareholder value; and it's not setting in concrete, just yet.

BAe has long been publicly shopping for a US partner, and Boeing is a logical fit, except, possibly, for one thing: Boeing has too many things going on. Boeing is one of the US's top defense contractors, and holds, controls, and produces scads of sensitive and secret information; and BAe is a British company. Just how the State and Defense Departments would look upon close relations could become a problem. BAe, though, is already the sixth-largest defense contractor to the Pentagon, according to the Trib (Boeing is #2, behind the Georgia-based Lockheed Martin); and we remember BAe tried to buy TRW last year (and lost that bid to Lockheed Martin).

Boeing recently publicly admitted to having corporate-secret Lockheed Martin information on the EELV program; Lockheed Martin responded with a rare lawsuit.

On Wednesday, the two fired Boeing employees, Kenneth Branch, 64, and his former supervisor, William Erskine, 43, were formally charged with federal conspiracy crimes relating to Branch's recruitment from Lockheed Martin.

Whether the BAe connection would be a purchase, swap, or merger has not, of course, been detailed; but Condit hinted at the last arrangement: "Would I do a merger if it created value? Yes," Condit said. The key would be whether such a deal would bring marginal increases to Boeing's bottom line, he explained.

FMI: www.boeing.com

Advertisement

More News

RFP: ANN Seeking New Site/Facility For Major Studio Upgrade

It's Official: Aggressive Upgrades For New Airborne Programs WILL Require New Digs It's been in development for years, but we're getting to a point where we think we can pull off s>[...]

Airborne-Unmanned 09.19.17: FAA OKs FL Drone Ops, ICAO Registry?, No Pot Drones

Also: FAA Reauthorization, Medical Drone Transport, USMC Quadcopters, Canister Launched UAS, Atlas Dynamics Airborne, primarily based in Jacksonville, FL is starting to recover fro>[...]

AMA Drone Report 09.21.17: AMA Expo West, Parrot Mambo, No Drone Pot Delivery

Also: Drone Injury Study, Cook County-IL, Northeastern Drone Society, Propel Star Wars Drones, GA UAS Integration One of the pinnacle model aviation events of the year is coming up>[...]

Airborne 09.21.17: Pilot Runs 4 Senate, Seaplane Base Hit, Sonaca 200

Also: Mitchell Airport, AMA, Plane v Elk, Ariane 6, Lakeville Airport, Alaska Airlines Airshow and test pilot Bob Bishop is launching a run for the United States Senate in 2018. He>[...]

AMA Drone Report 09.14.17: MultiGP NatÂ’l Championship, GDU O2, ICAO Registration

Also: AMA Monitoring Volunteer Drones, Aerix DaVinci, FAA ReAuthorization, TobyRich, ADR Test Pilots The 2017 MultiGP National Drone Racing Championship are being held now through >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC