The new C-40s would supplement executive airlift missions for “Top Five” users — the vice president, first spouse, defense secretary, Joint Chiefs chairman and secretary of state — who rely on a fleet of C-32 aircraft that can only support 59 percent of Top Five travel requests, the Air Force told Breaking Defense.
By Michael Marrow and Valerie InsinnaHow the US Army is building its networks and cyber capabilities
In our latest eBook you’ll find the updates from the US Army on two pilot programs and DISA hyperfocusing on a key priority.
“We had a good start to the year, but this quarter you’ll see to be significantly challenged. It’ll look like it looked the third quarter of last year,” Boeing’s defense CEO Ted Colbert told reporters ahead of Farnborough Airshow.
By Valerie Insinna Boeing is currently revising the schedule for the presidential jetliner once again, which is expected to be updated later this summer, according to an Air Force spokesperson.
By Michael Marrow
“[W]hat we have done is assured the Air Force that everything we produce under the contract becomes their data,” said Brady Hauboldt, SNC’s vice president of aviation strategic plans and programs.
By Michael Marrow
The aerospace giant chose to forego overall financial guidance for 2024 as it struggles with safety concerns in its commercial business.
By Michael Marrow “These are disappointing results in the quarter and year to date. This performance is below our expectations and we acknowledge that we aren’t as far along in this recovery as we expected to be at this stage,” said Chief Financial Officer Brian West.
By Michael Marrow
Boeing Chief Financial Officer Brian West previously warned that it could take several years until the company’s struggling defense sector turns a profit.
By Michael Marrow
Small UAS: Accelerating situational awareness on every level
There’s a renaissance in small UAS for intelligence, surveillance and reconnaissance, both in the way they’re procured and deployed.
A new watchdog report warns of a year-long delay for America’s next ICBM, as well as potential schedule slips for F-15EX, KC-46A and the Air Force One replacement.
By Michael Marrow
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 Marrow
The changes, including halving business divisions, come as Boeing’s defense sector finds itself at a crossroads, with new leadership contending with systemic financial issues tied to its large number of fixed-price contracts with the US government.
By Valerie Insinna “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 So far, Boeing has lost $1.1 billion dollars on its original $3.9 billion fixed-price development contract for the VC-25B.
By Valerie Insinna
“We have learned a ton of lessons, especially around contracting,” said Boeing Defense CEO Ted Cobert. “We’re working together to make sure that anything we do going forward will heighten the probability of getting things done in a timely manner.”
By Valerie Insinna
