Aerospace Group:

Air Force

Cobham Accepts $206 Million Charge to End KC-46 Dispute

By Vivienne Machi

Tuesday, February 19th, 2019

SHARE:

Cobham Accepts $206 Million Charge to End KC-46 Dispute

A KC-46A tanker takes off from Boeing Field outside Seattle en route to McConnell Air Force Base, Kansas, Jan. 31, 2019. The program suffered $275 million in charges in the fourth quarter of 2020. Photo: Boeing

Cobham said Feb. 19 it has accepted about $206 million in new charges from Boeing [BA] to end an ongoing dispute related to the Air Force’s new KC-46A Pegasus aerial refueler. Over $112 million of that sum will settle the dispute between the two companies, where Boeing has been withholding payments to the British contractor due to delays in the Wing Aerial Refueling Pod (WARP) system development. The companies have signed an agreement that settles all disputed matters up to…

Unmanned Systems

Counter-Drone Needs Will Be Addressed In Next NDAA Based On Iran War Lessons, Banks Says

A Republican senator on Armed Services Committee on Thursday said that defending against Iranian drones has been challenge for U.S. warfighters and will be an area of focus in the […]

Pentagon

Pentagon ‘Working Options’ On Iran Supplemental, May Seek Funds For New Capabilities

The Pentagon is “working options” for a potential supplemental spending request to fund the operation against Iran and replenish munitions used in the strike campaign, with a senior official noting […]

Congress

Wicker Backs “Crash Program” To Supply Ukraine With Low-Cost Weapons

Senate Armed Services Committee (SASC) Chairman Roger Wicker (R-Miss.) on Thursday proposed a rapid effort to supply Ukraine with low-cost weapons to aid that country in turning back Russia. “We […]

Congress

Dem Lawmakers Want To Codify Trump’s Push For More Defense Contractor Accountability

A group of four Congressional Democrats want to codify President Donald Trump’s push to hold defense firms accountable for prioritizing production investments over paying out stock buybacks, and are seeking […]