Extra! Extra! Read All About It! Defense Contract On Cost And Early!

Extra! Extra! Read All About It! Defense Contract On Cost And Early!
Extra! Extra! Read All About It! Defense Contract On Cost And Early!

AFA: Lockheed Martin’s Sikorsky is on track to deliver nine new HH-60W Combat Rescue Helicopters to the Air Force for the price the company promised and six months early — a “man bites dog” story, the very definition of news. Delivering early and for the promised price is far from the norm in defense acquisition,…

Boeing Plows Through KC-46 Reserve Funding; Sequestration Would Be ‘Near Catastrophic’

UPDATED: Boeing statement added NATIONAL HARBOR: Boeing has been plowing through its KC-46 management reserve for much of the last six months, according to a senior Air Force official. “The burn rate of their management reserve rate has gone up significantly over the last six months or so,” the official told reporters today. While this…