Preparing for the upcoming competition for the Air Force-Army Joint Cargo Aircraft program, teammates Raytheon and EADS CASA North America announced their proposed entrants—the C-295 and CN-235 transports. The team also has selected the Mobile Regional Airport, Ala., as the final assembly and delivery site for their North American sales of the aircraft.
Lockheed Martin projects more than a billion dollars of losses on a classified program, but company officials said April 23 they are confident it will turn profitable by 2028 and become a "franchise" system in the U.S. military.