Aerospace and Defense
Company Overview of Boeing Integrated Defense Systems, Inc.
Boeing Integrated Defense Systems, Inc. provides network-centric system solutions to military, government, and commercial customers. It offers intelligence, surveillance, and reconnaissance systems; manufactures military aircraft and satellites; provides space-based communications; integrates primary systems for missile defense; operates as National Aeronautics and Space Administration contractor; and provides in sustainment solutions and launch services. The company is headquartered in St. Louis, Missouri with an additional office in Qatar. Boeing Integrated Defense Systems, Inc. operates as a subsidiary of The Boeing Company.
P. O. Box 516
St. Louis, MO 63166
Key Executives for Boeing Integrated Defense Systems, Inc.
Chief Executive Officer and President
Chief Operating Executive and Vice President
Chairman of Boeing and Chief Executive Officer of Boeing
President of Networks and Space Systems
Compensation as of Fiscal Year 2015.
Boeing Integrated Defense Systems, Inc. Key Developments
Boeing Defense, Space & Security Appoints Gena Lovett as Vice President of Operations to Replace Bill Schnettgoecke
Aug 5 15
Gena Lovett is joining Boeing as vice president of Operations for Boeing Defense, Space & Security (BDS). She has more than 20 years of leadership experience in both operations and manufacturing. Lovett will be responsible for manufacturing activities at 20 major installations around the world along with the safety, lean manufacturing, quality, and supplier management initiatives that BDS is pursuing. Lovett succeeds Bill Schnettgoecke, who retired after 36 years with Boeing. She previously served as Alcoa's director of manufacturing from 2007 to 2011 and most recently as the company's chief diversity officer.
Boeing Defense, Space & Security Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for 2015
Jul 22 15
Boeing Defense, Space & Security reported unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, total revenues were $7,544 million against $7,747 million a year ago. Earnings from operations was $546 million against $582 million a year ago. Net earnings were $250 million against $297 million a year ago.
For the six months, total revenues were $14,253 million against $15,380 million a year ago. Earnings from operations was $1,289 million against $1,360 million a year ago. Net earnings were $474 million against $577 million a year ago.
For 2015, the company revised its earnings guidance. Now the company expects total revenue in between $29.5 million to $30.5 million, operating margin to be 9.5%, revised from previously announced guidance of 9.75% to 10.0%.
Boeing Military Aircraft to Take $322 Million Charge in Second Quarter of 2015
Jul 17 15
Boeing Company announced that it will recognize a $536 million, or $0.77-per-share, charge on its KC-46 aerial refueling tanker program when it reports second quarter results on July 22, 2015. The charge reflects higher estimated engineering and manufacturing costs to complete development, certification and initial production of the tanker aircraft, while holding to the program schedule for initial production deliveries in 2017. The KC-46 tanker is being designed, developed and tested under a fixed-price Engineering, Manufacturing and Development (EMD) contract. On a pre-tax basis, Boeing Commercial Airplanes will report a charge of $513 million and the Boeing Military Aircraft segment of Boeing Defense, Space & Security will report a charge of $322 million.
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