Tuesday, December 7, 2010

Boeing: Boeing Completes Acquisition of CDM Technologies

ST. LOUIS, Dec. 7, 2010 -- Boeing [NYSE: BA] today announced that it has completed its acquisition of CDM Technologies, a software engineering company that specializes in real-time transportation and logistics planning systems for the U.S. military. The transaction, announced Nov. 16, was effected through Boeing's Tapestry Solutions subsidiary.

CDM Technologies, headquartered in San Luis Obispo, Calif., will be fully integrated into Tapestry Solutions. The terms of the transaction are not being disclosed.

The acquisition supports Boeing’s growth strategy for logistics command and control.

Tapestry Solutions of San Diego is a wholly owned subsidiary of Boeing and forms the core of the Logistics Command and Control (LogC2) subdivision of Defense & Government Services, an operating division of Boeing Defense, Space & Security’s Global Services & Support business unit.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.

Boeing: Boeing Completes Acquisition of CDM Technologies

Boeing: Boeing Delivers 3 More F-15K Slam Eagles to Republic of Korea

DAEGU AIR BASE, Republic of Korea, Dec. 7, 2010 -- Boeing [NYSE: BA] on Nov. 8 delivered three F-15K Slam Eagles to the Republic of Korea Air Force (ROKAF) at Daegu Air Base. The company delivered the first three of 21 F-15Ks it is producing under the Next Fighter II contract to the ROKAF in September. The remaining 15 aircraft will be delivered through March 2012.

"Boeing is honored to deliver these highly advanced fighters to the ROKAF," said Roger Besancenez, Boeing F-15 Program vice president. "We will continue to work closely with our ROKAF customers to prepare for upcoming deliveries that will provide them with superior air combat capability, as we remain committed to our goal of completing the deliveries on budget and on schedule, as promised."

Six of the new F-15K Slam Eagles are scheduled to participate in an advanced aerial combat training exercise at Nellis Air Force Base, Nev., in late 2011.

The F-15K is an advanced variant of the combat-proven F-15E. Equipped with the latest technological upgrades, it is extremely capable, survivable and maintainable. The aircraft's service life is planned through 2040, with technology insertions and upgrades throughout its life cycle. Boeing completed delivery of 40 Next Fighter I F-15K aircraft to the ROKAF in October 2008.

A unit of The Boeing Company, Boeing Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Boeing Defense, Space & Security is a $34 billion business with 68,000 employees worldwide.

Boeing: Boeing Delivers 3 More F-15K Slam Eagles to Republic of Korea