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Business/Financial

Boeing’s Sales, Income Fall On Declines At Commercial And Defense

DDN

Thursday, July 29th, 2010

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By Calvin Biesecker As expected, Boeing [BA] yesterday reported lower sales and earnings in the second quarter on fewer planned commercial aircraft deliveries, less work on an Army ground combat system and a missile defense program, and lower margins at its commercial and defense divisions. Boeing maintained its financial guidance for 2010 with a "prudent" level of cushion built in should unforeseen difficulties arise in its major commercial development programs, the 787 Dreamliner and a new 747 variant, the 747-8.…

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 […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]

Congress

House Narrowly Votes To Pass $1.15 Trillion FY ‘27 NDAA, Blueprint For Reconciliation 3.0

The House on Wednesday narrowly voted to pass its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA) and a blueprint for a third reconciliation bill […]

Congress

Senate Appropriators Press On Supplemental’s Requests Beyond Iran Scope, Hegseth Urges Full Funding

Senate appropriators have pressed Pentagon leadership on the decision to include funds in the Iran war supplemental request for items beyond the current military operation, while Defense Secretary Pete Hegseth […]