Red 6 wins deal to bring augmented reality to F-16s
The company’s helmet-mounted ATARS system can project images of adversary threats like enemy jets for real pilots flying in a cockpit.
The company’s helmet-mounted ATARS system can project images of adversary threats like enemy jets for real pilots flying in a cockpit.
Boeing’s total year end charges of $4.9 billion on its troubled portfolio of fixed price weapons contracts is the largest-ever loss for its defense unit, up from losses of $4.4 billion in 2022.
The trainer’s production decision, or Milestone C date, will be pushed back to 2026, and Boeing will be given an opportunity to make more money if it adds new improvements to the jet, a top Air Force official tells Breaking Defense.
"In BDS [Boeing Defense Space and Security], our performance on fixed-price development programs is simply not where it needs to be," Boeing CEO Kelly Ortberg said.
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.
Air Force acquisition chief Andrew Hunter noted potential troubles ahead for the KC-46A and said T-7A production could start "a little later" than previously anticipated, but he remained confident about the way forward for the two aircraft.
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“We were asked to put in our offer and then they [the NATO Support and Procurement Agency] didn't really go into discussion with us, because they had already decided they had to go and buy Wedgetail," Micael Johansson, CEO at Saab told Breaking Defense.