August 11, 2011 - Siemens Corporation, a U.S. subsidiary of Siemens AG said they have entered a strategic deal with Boeing to jointly develop and sell "smart grid" technologies to the U.S. Department of Defense (DoD).
The alliance between the two companies aims at providing U.S. military installations with secure microgrid management solutions that lower operational costs and increase energy efficiency.
The alliance's microgrid management solution will be designed to implement economical energy-efficiency tools that allow for analysis, control and automation of energy processes; use smart energy controls to provide real-time data to manage energy use; and integrate renewable energy sources and storage.
According to the companies, this operation should make a difference in the way the DoD uses energy using Boeing's expertise with complex systems and technologies, along with Siemens' global energy management capabilities.
Boeing has been a major contributor to the Defense Department by developing secure and networked systems for the DoD. Bringing this capability to the development of energy security and efficiency is vital for the military's future. Boeing pointed out that its Defense, Space & Security unit will work with Siemens under the deal.