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YUMA PROVING GROUND, Arizona. A record for longest indirect fire test of a ramjet-powered artillery projectile was set by a team from Nammo and Boeing alongside U.S. Army officials — when firing a Ramjet 155 munition from a 58-caliber Extended Range Cannon Artillery (ERCA) at Yuma Proving Ground, Arizona. The test advances development efforts for the Army’s top modernization priority, Long Range Precision Fires.

ARLINGTON, Va., Oct. 9, 2023-A Boeing [NYSE: BA] and Nammo team set a record for longest indirect fire test of a ramjet-powered artillery projectile alongside officials from the U.S. Army -...

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The changes, including halving business divisions, come as Boeing’s defense sector finds itself at a crossroads, with new leadership contending with systemic financial issues tied to its large number of fixed-price contracts with the US government.