President Donald Trump raised the possibility of major changes to the “Air Force One” replacement program the Air Force is pursuing in the face of persistent and growing delays.
Air Force One
The U.S. Air Force VC-25 aircraft commonly known as Air Force One is scheduled to transport former President Jimmy Carter for the final time this week for services in Georgia and Washington, D.C., before he is laid to rest Jan. 9.
Boeing lost $222 million on two key Air Force programs in the first quarter of fiscal year 2024: $128 million on the KC-46 aerial refueling tanker and $94 million on the T-7 trainer, where the total losses already exceed more than $7 billion and $1 ...
With a $482 million third-quarter charge against its Air Force One/VC-25B, Boeing is now up to $1.3 billion in losses on the project. It also lost $350 million on an unnamed satellite program and $136 million on the Navy's MQ-25 refueling drone.
Boeing’s defense business has stabilized following a series of massive quarterly losses that put the company in a precarious position, top executives said on an earnings call Jan. 25. Now, officials said they are focused on moving forward with new technology in the Boeing Defense, Space, ...
New Air Force Veterans in Congress; Kendall doesn't see larger Air Force in NDS; Autonomous weapons limit; DFCs for Afghanistan evacuation.
We love letters! Write to us at letters@afa.org. To be published, letters should be timely, relevant and concise. Include your name and location. Letters may be edited for space and the editors have final say on which are published.
Boeing reported a $3.3 billion loss in the third quarter of 2022, driven by deepening woes in its defense business, the company announced Oct. 26. Boeing's defense, space, and security sector lost $2.8 billion in cost overruns on fixed-price development contracts.
B-21 first flight postponed; New Air Force One coming; LaPlante sees risk in Sentinel ICBM.
Horseman, Pass By
Boeing lost more than a billion dollars on two Air Force programs in the first quarter of fiscal 2022, getting "whacked" by inflation, the pandemic, and supply chain issues, CEO David L. Calhoun said. He admitted that Boeing lowballed its bids for the fixed-price development ...
The Air Force has made another investment in hypersonic aircraft, teaming up with venture capital firms to give a $60 million contract to startup Hermeus, which is looking to develop a jet that can travel at five times the speed of sound.
