:

Business/Financial

Boeing Passes $100 Billion In Annual Sales After Solid Fourth Quarter

By Cal Biesecker

Wednesday, January 30th, 2019

SHARE:

Boeing Passes $100 Billion In Annual Sales After Solid Fourth Quarter

Boeing President and CEO Dennis Muilenburg. Photo: Boeing

Boeing [BA] in 2018 eclipsed the $100 billion revenue mark for the first time on strength across its operating segments and the company delivered a solid fourth quarter due to higher commercial aircraft deliveries, and increased volume in defense and services. Fourth quarter sales were also a record, up 14 percent to $28.3 billion from $24.8 billion a year ago, with all three operating segments enjoying double-digit percentage gains, Boeing reported on Wednesday. Commercial aircraft deliveries drove the increase, followed…

Army

Army Relooking At Its ‘Whole Aviation Transformation’ Plan, Acting Chief Tells Lawmakers

The Army is relooking at its “whole aviation transformation initiative,” the service’s acting chief of staff told lawmakers on Tuesday, to include its approach for future procurement of “enduring” platforms. […]

Army

Lawmakers Request DoD Briefing On Army’s Planned Cuts To Aviation Procurement

A bipartisan group of House lawmakers has sent a letter asking the Pentagon for a briefing on the potential industrial base impacts as a result of the Army’s planned cuts […]

Congress

CENTCOM Looking To Lessons Learned From Use Of LUCAS Drones

U.S Central Command (CENTCOM) is looking to lessons learned from its use of Low-cost Unmanned Combat Attack System (LUCAS) drones by Phoenix-based SpektreWorks, according to CENTCOM head Adm. Brad Cooper. […]

Army

Hegseth Says DoD Open To Reviewing Army’s Planned Cuts To Legacy Helicopter Procurement

Defense Secretary Pete Hegseth has told lawmakers the Pentagon is open to reviewing the Army’s planned procurement cuts to its legacy manned aviation fleet. Rep. Rosa DeLauro (D-Conn.), ranking member […]