Boeing (NYSE: BA) Looking to Expand

Boeing, Smartphone, Government The Boeing Company (NYSE: BA) has recently been in the headlines, just last week they announced its that has been granted a $2.1 billion contract to build 16 P-8A Poseidon long-range maritime spy planes for the U.S. Navy, the U.S. Defense Department.

This is positive news for the aircraft maker; Boeing has many clients including commercial airlines but its most prestigious client is the American Government. A large portion of the jets used in the wars in the past were made from Boeing.

The deal will be worth $2.4 billion in total, after the inclusion of funds that were awarded earlier. The order for the spy planes was approved as part of the Navy’s budget for fiscal 2014. This order will be completed by April 2017, this order will up the number of aircraft ordered by the Navy to 53.

Boeing is Getting on the Smartphone Platform

Boeing is now trying to get into another sector, Boeing is introducing a new smartphone device. The aircraft company said it has developed a revolutionary, secure smartphone that is marketed toward U.S. defense and security groups. The phone will run off of an Android system which has encrypted storage and destruct mode which will wipe off everything from your phone.

Named the “Boeing Black”, details of the device have not been fully released, while the pricing and the release date has yet to be disclosed. The only information about the device is that it will be released by this summer. However, the device will not be able on your local Verizon (NYSE: VZ) or AT&T (NYSE: T) storefront according to CNN.

The device is all about secrecy for government officials. The Federal Communications posted on the FCC’s Website today stating “any attempt to break open the casing of the device would trigger the functions that would delete the data and software contained within the device and make the device inoperable.

“It’s geared towards defense and security customers. It’s not aimed at the consumer,” said Boeing spokeswoman Rebeca Yeamans. This informs that the product might not be available to your typical phone consumers, so don’t expect to see these products out in your local cell phone retailer.

Becky Yeamans, a spokewoman from Boeing said in a statement  ” The phone is designed to meet the evolving security needs of defense and security customers, Boeing has released a modular smartphone to enable secure access and exchange of critical data and communications on a trusted mobile device,”.

Boeing has already taken steps for advertising the smartphone, they have made a promotional video which shows that you can communicate via satellite transceivers and advanced tracking and biometric sensors. There aren’t any details about the cost of the phone and when the phone will be available for the market yet.

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