:

Boeing’s Profits Soar On Commercial Aircraft Gains

DDN

Thursday, October 25th, 2007

SHARE:

By Calvin Biesecker Boeing [BA] yesterday posted a 61 percent increase in net income on the back of its commercial aircraft making business and company raised its financial expectations for this year based on improving performance and lower corporate costs. However, delays in the first flight and deliveries of the new 787 Dreamliner passenger jet forced Boeing to cut its financial forecast for 2008. Most of the initial production revenues associated with that program will slip into 2009. While the…

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]