Deals this week: The Boeing Company, BAE Systems, Lockheed Martin

19 May 2016 (Last Updated May 19th, 2016 18:30)

The Boeing Company, headquartered in the US, has priced an offering of $400m worth of senior notes at a coupon rate of 3.553%, due 15 June 2046.

P-3C Orion

The Boeing Company, headquartered in the US, has priced an offering of $400m worth of senior notes at a coupon rate of 3.553%, due 15 June 2046.

The company also priced two additional senior note offerings, due 2023 and 2026, for an amount of $400m each. The former notes due bear a coupon rate of 1.875%, while the interest rate on the latter is 2.250%.

BAE Systems and Japanese company Fujitsu Limited have announced a partnership to develop a cyber threat intelligence (CTI) sharing system.

The companies aim to exchange cyber threat information internationally through the CTI system, to improve cyber defence. The CTI system uses industry standards and open source frameworks to provide secure data exchange.

Lockheed Martin Corporation has received a $321.8m contract from the US Navy to support the Long Range Anti-Ship Missile (LRASM) programme during its integration and test phase.

Under the terms of the contractual agreement, Lockheed Martin will also provide full system integration services, cyber security, and interoperability. It will perform research and development work until August 2019.

The Boeing Company has secured three separate contracts, totaling $42m, from the US Navy to provide repair services for the commercial components of the P-8A Poseidon military aircraft.

The works will be performed in Seattle, Washington, through March 2017.

The US Naval Air Warfare Center Aircraft Division (NAWCAD) has awarded a $54.91m contract to Lockheed Martin Global to provide upgrades for the P-3C Orion maritime patrol aircraft.

As part of the contract, Lockheed Martin Global will modernise the equipment of eight such aircraft until March next year.

The contractual scope also includes the provision of upgrades and maintenance support services for Germany's P-3C aircraft.


Image: Lockheed Martin Global will provide upgrade and maintenance support services for Germany's P-3C aircraft.