The troubled tanker’s charges are now up to over $7 billion as Boeing wrestles to get its fixed-price development contracts on track.
By Michael MarrowModernizing our supply chain is a national security imperative
Closing supply chain gaps in innovating technology will reposition the industrial base to be a strategic source of value.
Boeing, which bid aggressively to win the Red Hawk contract in 2018, has paid the price of its fixed-cost structure, which a company spokesperson said has amounted to approximately $1.1 billion in charges.
By Michael Marrow
“I would say that maybe in the last quarter we started seeing some effects specifically from the tragic war in Ukraine,” said Saab CEO Micael Johansson.
By Tim Martin
“We’re not embarrassed by [the cost overruns]; they are what they are. And we intend to deliver against these contracts and satisfy our customers,” said Boeing CEO Dave Calhoun.
By Valerie Insinna
Despite this quarter’s losses, Boeing CEO Dave Calhoun said he was “more bullish” on the prospect of international sales now than he had been when he first became CEO in 2020, specifically for the KC-46 tanker and MQ-25.
By Valerie Insinna
GAO found delays in more than half of the programs it studied. Also, 4-pound birds are a problem.
By Aaron Mehta
“Air Force One, I’m just going to call a very unique moment, a very unique negotiation, a very unique set of risks that Boeing probably shouldn’t have taken,” Boeing CEO Dave Calhoun said. “But we are where we are, and we’re going to deliver great airplanes. And we’re going to recognize the costs associated with it.”
By Valerie Insinna
BAE Systems’ LR-PGK: The Superior Anti-Jam Solution
Going the distance to defeat emerging jam threats.
“Of course, I would like to be part of an open competition when it comes to airborne early warning and surveillance,” Saab CEO Micael Johansson said. “But whether that’s possible or not in the US, I don’t know.”
By Valerie Insinna
“Every day, [the T-38] becomes just another step more disconnected from the advanced avionics, advanced sensing, the advanced processing that our modern fighters have. And so we can’t fill that void fast enough,” said Air Combat Command head Gen. Mark Kelly.
By Valerie Insinna
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Boeing’s lead in digital engineering has underpinned the F-15EX’s success, schedule and low price, and will provide rapid capability growth through open architecture and agile software development.
By Boeing
Darlene Costello, acting Air Force acquisition head, has issued a guidance document, called the Digital Building Code, for implementing the service’s ambitious digital revolution.
By Theresa Hitchens
The Navy has “no program of record right now” to replace its T-45 trainers, said Chuck Dabundo, Boeing VP for T-7 programs, but the company is “working closely with them in answering questions” about the T-7A Red Hawk’s capabilities.
By Theresa Hitchens
On opening day, the UAE armed forces signed 19 defense contracts, with the larger part going to domestic companies. “Worth $1.37 billion, 22% of the deals were signed with seven international firms while 78% went to 12 local companies,” Staff Brig. Gen. Mohammed Al Hassani, official spokesman for IDEX and NAVDEX, said in a press briefing.
By Chyrine Mezher
“In the budget for FY 23, that’s where I see that we’ll really make some key decisions” about the tactical air fleet, Air Force Chief of Staff Gen. CQ Brown says.
By Theresa Hitchens
