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Boeing has the wind in its sails.
The company has just won its second Pentagon contract in three weeks after seven years of drought. The company, in partnership with the Italian firm Leonardo, will replace the UH-1N "Huey" helicopters of the air force, responsible for protecting the country's nuclear bases. The initial contract is $ 367 million for four helicopters, but the full contract could be worth $ 2.38 billion if the Air Force orders the additional 80 aircraft it wants by 2031.
Boeing-Leonardo partnership beat Sierra Nevada Corp. bids and Sikorsky, a unit of Lockheed Martin. Boeing's bid will save taxpayers $ 1.7 billion, according to Air Force Secretary Heather Wilson. The cost of the project was initially estimated at $ 4.1 billion. This is a good change of pace for Boeing, which has signed a $ 24 million contract for two refrigerators for Air Force One, canceled in June for cost reasons.
As Fortune reports in its October issue, the defense industry quickly became dominated by women. The three companies bidding for this contract are headed by women: Marillyn Hewson is the President, CEO and President,
Lockheed Martin; Leanne Caret is President and CEO of Boeing's Defense, Space and Security; and Eren Ozmen is the owner, president and president of Sierra Nevada Corp. (Her husband, Faith, is the CEO).
According to the Pew Research Center, women represent nearly 19% of aerospace and defense CEOs, compared to 5% in all companies.
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