Aerospace Group:

Air Force

Boeing Maintains Cash Guidance Despite KC-46 Production Slip

By Cal Biesecker

Thursday, June 2nd, 2016

SHARE:

Boeing Maintains Cash Guidance Despite KC-46 Production Slip

Boeing and U.S. Air Force crews complete the KC-46A Pegasus tanker’s first refueling flight following takeoff on January 25 from Boeing Field in Seattle. Photo: Boeing.

Boeing’s [BA] chief executive on Thursday said that for now the company is maintaining its outlook for operating cash this year despite an announcement by the Air Force last week that it is deferring a formal production decision on the KC-46 tanker program by two months and that deliveries of the first 18 aircraft will be delayed five months.Boeing guided to about $10 billion in operating cash in 2016 and is “confident” in hitting that number this year, Dennis Muilenburg,…

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]