An entry in the Dec. 17 Daily Report incorrectly cited additional procurement amounts funded by the overseas contingency operations account rather than total aircraft, missile, and ammunition procurement numbers. For the Air Force, the omnibus spending bill provides $15.7 billion in aircraft procurement, $2.9 billion in missile procurement, and $1.7 billion for ammunition procurement in the base budget. It provides an additional? $128.9 million for aircraft procurement, $289.1 million in missile procurement, and $228.8 million in ammunition procurement from the OCO. The original entry has been corrected online.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.