Aerospace Group:

Boeing’s Caret Flattening Defense And Space Segment

By Cal Biesecker

Monday, June 19th, 2017

SHARE:

Boeing [BA] Defense Chief Leanne Caret on June 13 said she is eliminating two of the defense segment’s three reporting sectors in favor of smaller entities that will report to directly to her, simplifying and flattening the organization to speed decision making and make the business more competitive.The reorganization and streamlining will also result in 50 executive positions being eliminated, eliminating a layer of executive oversight. A Boeing spokesman told sister publication Defense Daily the company doesn’t expect any financial issues related to…

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 […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]