President Calvin Coolidge signs the Air Commerce Act, the cornerstone of the federal government’ s regulation of civil aviation. The act charges the Secretary of Commerce with fostering air commerce, licensing pilots, issuing and enforcing air traffic rules, certificating aircraft, establishing airways, and operating and maintaining aids to navigation.
Boeing received a $2.47 billion Air Force contract Nov. 25 for 15 more KC-46s, bringing to 183 the number of Pegasus tankers on contract to all customers, foreign and domestic. The new contract—for Lot 12 of the initially planned KC-46 buy—is to be completed by 2029.
