The Air Force has decided to reduce award fees to Boeing because the company’s work on next-generation Global Positioning System satellites—GPS IIF—reportedly is more than $260 million over budget and three years behind schedule. USAF announced earlier this week that its review of the program turned up problems prompting it to delay launch of the first GPS IIF by a year, while it considered other actions. The Air Force has not yet said just how much Boeing will have to forfeit.
Secretary of Defense Austin Lloyd III met with his counterparts from Australia, Japan and the Philippines to discuss bolstering defense ties on May 2. The discussion included plans for joint F-35 exercises with Japan and Australia in the coming years.