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.
Air Force
Read the day's top news on the U.S. Air Force, U.S. Space Force, Department of Defense, and national security issues.
Lockheed Martin says it is still pitching its LMXT tanker to the Air Force amid a looming requirements announcement for the KC-Y tanker program. Air Force Secretary Frank Kendall has cast doubt on whether a KC-Y program would field a wholly new aircraft and has ...
Read the day's top news on the U.S. Air Force, U.S. Space Force, Department of Defense, and national security issues.
Read the day's top news on the U.S. Air Force, U.S. Space Force, Department of Defense, and national security issues.
Read the day's top news on the U.S. Air Force, U.S. Space Force, Department of Defense, and national security issues.
The Air Force and Northrop Grumman will roll out the B-21 Raider from Air Force Plant 42 in Palmdale, Calif., on Dec. 2, the company announced. The rollout is the first of a new Air Force bomber since 1988, when the B-2 Spirit emerged from ...
An F-35A fighter assigned to the 388th Fighter Wing crashed at the north end of the runway at Hill Air Force Base, Utah. The pilot safely ejected.
Read the day's top news on the U.S. Air Force, U.S. Space Force, Department of Defense, and national security issues.
A new image from Boeing shows how the B-52H will look after a series of modifications that the Air Force has said are significant enough to warrant re-designating the aircraft as the B-52J or K. The image was rendered from a digital prototyping model and ...
Read the day's top news on the U.S. Air Force, U.S. Space Force, Department of Defense, and national security issues.
Read the day's top news on the U.S. Air Force, U.S. Space Force, Department of Defense, and national security issues.