:

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…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

With the Trump administration’s push to massively increase defense spending to $1.5 trillion in fiscal year 2027, the Army, Air Force and Navy have eschewed submitting large unfunded priorities lists […]

Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

The Pentagon should be using Anthropic‘s recently announced Mythos artificial intelligence model to spot gaps in cyber security, Sen. Elissa Slotkin (D-Mich.) said on Tuesda. “I think the thing that […]