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Boeing Company
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Description

Boeing Company is a major aerospace and defense firm that designs, develops, manufactures, and supports a diverse portfolio of products and services worldwide. The company operates through three primary segments: Commercial Airplanes, which develops and produces commercial jet aircraft for passenger and cargo transport; Defense, Space & Security, which engages in research, development, and production of military aircraft, weapons systems, satellites, and missile defense solutions; and Global Services, which provides aftermarket support including maintenance, spare parts, pilot training, engineering modifications, and digital services to both commercial and defense customers. Boeing competes globally with firms like Airbus in commercial aviation and with defense contractors such as Lockheed Martin and Northrop Grumman in the defense sector. The company serves airlines, militaries, government agencies, and businesses worldwide through direct sales, partnerships, and its service networks. Founded in 1916 and headquartered in Arlington, Virginia, Boeing remains one of the world's most influential aerospace and defense companies.

About

CEO
Mr. Robert K. Ortberg
Employees
182000
Address
929 Long Bridge Drive
Frimley
Arlington, 22202-4208, VA
United States
Phone
703-465-3500
Website
Instrument type
Common stock
Sector
Industrials
Industry
Aerospace & Defense
Country
Mexico
MIC code
XMEX
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Latest press releases

Apr 8, 2026
BAE Systems awarded $146 million to kick-start second source production of M776 cannons for the U.S. Army

LOUISVILLE, Ky., April 8, 2026 /PRNewswire/ -- BAE Systems (LON: BA) has been awarded a $146 million undefinitized contract to begin manufacturing M776 cannons for the U.S. Army's M777 Towed 155mm Howitzer. This contract supports the Army's robust artillery capability needs and for the first time ensures a second source producer of M776 cannons—the main armament for the M777 system used in critical operations across the globe today.

Establishing U.S.-based second source production of the M776 cannon allows the Army to acquire necessary firepower at a much faster pace, further contributing to Soldier readiness and the resilience of America's defense industrial base.

"Our team is laser-focused on delivering top-tier capability to equip the brave men and women who defend our nation," said Jason Casciotti, vice president of BAE Systems' Weapon Systems product line. "By partnering with the Army to expand manufacturing capacity of M776 cannons in the U.S., we're not just supporting their operational needs, we're strengthening America's industrial backbone and ensuring Soldiers always have the best tools for the mission."

The company continues to seek growth opportunities and make investments that fuel the defense industrial base. For this effort, the company's Louisville, Kentucky facility will play a key role in producing the cannons and their essential components. BAE Systems has a long-standing legacy of excellence in the region, having invested over $60 million in the facility and its workforce in recent years to expand manufacturing capabilities. These investments include:

  • Advanced machining centers
  • Upgraded heavy-lift cranes
  • Increased test and assembly capabilities
  • Enhanced weld equipment
  • Welder training and onsite school facilities

The site has also been the trusted producer of several U.S. Navy programs, including the Mk 45 (127mm) and Advanced Gun System (155mm) barrels for decades. By leveraging this extensive expertise in producing critical and complex systems, the company is well-positioned to deliver on its commitment to the Army while minimizing risk and driving seamless production of M776 cannons.

For more information, please contact:

Darby Dame, BAE Systems

Mobile: +1 269 675 0273

darby.dame@baesystems.us

www.baesystems.com/en-us

@BAESystemsInc

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bae-systems-awarded-146-million-to-kick-start-second-source-production-of-m776-cannons-for-the-us-army-302736622.html

SOURCE BAE Systems, Inc.

Mar 26, 2026
BAE Systems and Scale AI combine forces to bring agentic AI to defense missions and platforms

New strategic relationship agreement pairs deep mission expertise with agentic AI to accelerate the development of intelligent systems that act, adapt, and accelerate the speed of the mission

MCLEAN, Va. and SAN FRANCISCO, March 26, 2026 /PRNewswire/ -- BAE Systems (LON: BA) and Scale AI have announced a strategic relationship agreement to accelerate the development and fielding of advanced artificial intelligence capabilities in support of the Department of War's (DoW) high-stakes mission environments and operational platforms.

The collaboration brings together BAE Systems' decades of mission knowledge in defense operations, systems integration and platforms, with Scale's proven suite of agentic AI capabilities including the Scale Data Engine and Generative AI Platform. Together, the two organizations aim to integrate Scale's AI capabilities directly into the architecture of the DoW's most capable combat vehicles, deterrence programs, and future platforms.

"Modern warfare is won at the speed of data," said Peder Jungck, Chief Innovation & Strategy Officer for the Intelligence & Security sector at BAE Systems. "By teaming with Scale AI, we are ensuring that the Department of War has access to the world's most advanced agentic tools, to create intelligent, adaptive systems that can out-think and outpace the adversaries."

"We're proud to collaborate with BAE Systems to bring agentic AI capabilities to America's most critical military platforms," said Zane Teeters, Head of Public Sector GTM, Scale AI. "The value of this agreement is ensuring that human operators have the most advanced AI capabilities available on today's platforms and systems, dramatically accelerating the time to mission impact for the Department of War." 

BAE Systems' effort to integrate agentic AI directly into operational platforms and mission systems reshapes the future of command and control, creating a true human machine advantage at the edge where missions are executed. Deploying capabilities such as BAE Systems' Aided Target Recognition (AiTR) translates sensing into real time, coordinated effects across distributed forces. The result is faster, better-informed decisions and more resilient operations in contested environments.

For more information, please contact:

Amy Nwamkpa, BAE Systems

Mobile: 703-268-9621

amy.nwamkpa@baesystems.us

www.baesystems.com/US

@BAESystemsInc

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/bae-systems-and-scale-ai-combine-forces-to-bring-agentic-ai-to-defense-missions-and-platforms-302725170.html

SOURCE BAE Systems, Inc.

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