While the U.S. Air Force plans to spend big and make Collaborative Combat Aircraft drones an essential part of its tactical fleet in the near future, the U.S. Navy is working to team manned and unmanned aircraft as well.
Boeing has resumed deliveries of KC-46 tankers after a prolonged halt due to quality problems with fuel tanks, company president and chief executive officer David Calhoun said July 26 during a second quarter earnings call. Yet company officials said supply chain problems continue to afflict ...
Boeing Defense, Space & Security reorganized its divisions, streamlining to help turn around the firm's struggling financial performance, the aerospace giant announced. Instead of eight divisions, the company will now have four divisions: Air Dominance; Mobility, Surveillance, and Bombers; Vertical Lift; and Space, Intelligence, and ...
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.
The defense contractors vying for the Air Force’s “bridge tanker” program updated the status of their aerial refuelers, citing new capabilities aimed at automating the refueling process. Air Force Secretary Frank Kendall has repeatedly said the likelihood of a competition for the service’s “bridge tanker” ...
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 ...
After six straight quarterly losses, Boeing reported profits of $755 million in the second quarter of 2021, a year after posting a $3.32 billion loss. Company officials reported no new loss on the KC-46 tanker, on which the company has lost $5 billion so far. ...
The Air National Guard will get the next two tranches of KC-46 Pegasus tankers, at locations to be decided within the next 12 months, Deputy Chief of Staff for Plans and Programs Lt. Gen. David S. Nahom told the Senate Appropriations Committee on July 21. ...