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 MarrowRocket development builds on tried and true experience for new orbital missions
With Russian engines out of the picture, there’s a new Medium Launch Vehicle on the horizon that is US sourced with a fairing sized to launch constellations.
Despite the charges, Boeing’s plan to get its defense unit back to high single-digit margins by the 2026 timeframe “remains intact,” Chief Financial Officer Brian West said.
By Valerie Insinna
Dave Calhoun had been under fire for some time, in large part due to public failures on the commercial side of the company.
By Valerie Insinna “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
The aerospace giant’s defense and space division recorded new charges for NASA’s Starliner shuttle, the Air Force’s T-7A training jet and the Navy’s MQ-25 Stingray drone.
By Michael Marrow
“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
