Boeing must pay another $151 million out of pocket for the KC-46 program, the company announced in an earnings call July 29. This time, the company incurred the extra cost because the coronavirus pandemic is slamming the aerospace industry. Parts and work for the new ...
The Pentagon’s top acquisition official anticipates the military will see a three-month setback across its major defense acquisition programs as the coronavirus pandemic throws contractors and program officials off their usual rhythm. “We do anticipate about a three-month slowdown at slower rates in terms of ...
The effort to replace Air Force One is moving along smoothly despite the new coronavirus, and has essentially completed a key design milestone, USAF acquisition boss Will Roper said April 16. Program officials held the critical design review online rather than coming together in person ...
The first 747-8 aircraft has begun the modification process to become a VC-25B, or the next Air Force One. The process, which began Feb. 25, will include cutting out parts of the aircraft’s skin and structure in the forward and aft lower lobes to install ...