Boeing will pay another $67 million out of pocket for the KC-46 program, a cost attributed to COVID-19-related cost overruns and productivity deficiencies, though company leaders say the tanker won't be a “drag” on the company’s bottom line much longer. In a third quarter earnings ...
business
The "Industry Perspectives: How to Align Private Sector with Requirements of the USSF" panel held as part of the Air Force Association's virtual Air, Space & Cyber Conference featured a discussion with Tory Bruno, Bruce Chesley, Blake Larson, and Rick Ambrose.
The Pentagon and the primes step up in the face of the pandemic.
Boeing on April 13 reopened some of its production lines, including work on the Air Force's new KC-46 tanker, which had been closed for weeks due to the coronavirus pandemic. The company also is restarting work on the Navy's P-8 at its Renton facility and ...
Florida’s 45th Space Wing is aiming to keep as much regular order as possible as the coronavirus pandemic unfolds, reviewing launch plans and hoping the virus remains at bay. Patrick Air Force Base and Cape Canaveral Air Force Station aim to execute 49 military and ...
House Armed Services Committee Chairman Rep. Adam Smith (D-Wash.) told reporters April 7 the coronavirus pandemic will put more pressure on the armed forces to make smart investments and cut down on wasteful spending as the U.S. faces flattening budgets and tough economic times ahead. ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
Lockheed Martin was awarded a $4.7 billion contract modification for 78 F-35 combat aircraft, including 48 F-35As for the U.S. Air Force, 14 F-35Bs for the Marine Corps, and 16 F-35Cs for the U.S. Navy and “associated red gear,” according to a March 31 contract ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.
Massive spending to combat the coronavirus pandemic may suppress defense spending and therefore defense stock prices, which have tanked to the tune of more than 30 percent in the last month, according to defense and aerospace analyst Byron Callan of Capital Alpha. Congress may also ...
Daily Report: Read the day's top news on the U.S. Air Force, U.S. Space Force, and national security issues.