As he went down each program on Boeing’s various strike and airlift programs, Darryl Davis, head of the company’s advanced precision engagement and mobility systems, usually concluded with a comment that funding is uncertain. “Based on what we hear … about bills being flowed to the services,” Davis told reporters this morning at AFA’s Washington conference that “it will cut into R&D” in the future years spending plan. “It does not sound good” for aggressive development of new systems, he acknowledged.
President Donald Trump on July 4 signed into law $150 billion in defense funds as part of the tax-and-spending package known as the “One Big, Beautiful Bill” after congressional Republicans approved the legislation in narrow, drawn-out votes earlier this week.