Sign In
Search
Business/Financial

Defense, Despite Charges, And Services Are Bright Spots For Boeing But Commercial Troubles Outweigh

Cal Biesecker By
SHARE:
Defense, Despite Charges, And Services Are Bright Spots For Boeing But Commercial Troubles Outweigh
A New Hampshire Air National Guard KC-46A Pegasus refuels five Marine Corp’s F/A-18D Hornets with the Marine All-Weather Fighter Attack Squadron 242, as the fighters returned home to Marine Corps Air Station Yuma, Ariz. from MCAS Iwakuni, Japan on Sept. 10, 2020, over the Pacific Ocean--the first official transoceanic coronet mission accomplished with a Pegaus refueler. The coronet involved 16 aerial refuelings of the fighters (U.S. Air Force Photo)

Boeing’s [BA] losses narrowed in the first quarter despite lower sales which were down on fewer commercial aircraft deliveries, but overall solid results in the company’s defense and services segments helped offset some of the commercial woes. The defense business did suffer somewhat on continued charges on programs with fixed-price development contracts, this time $122 million for the Air Force’s KC-46 aerial refueling tanker and $94 million for the service’s T-7 jet trainer. The T-7 completed climate lab testing in…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Trump Tries Tightening Defense Contractors Access To Strategic Materials Sourced From Adversaries

Business/Financial

Missile Business Leads Lockheed Martins Second Quarter Results Higher

Business/Financial

Leonardo DRS To Acquire Data Fusion Company Raft For $450 Million

Business/Financial

HII Turns In Strong Second Quarter On Carrier Work, Assault Ships, JVs

Trending

CACI Nabs $500 Million JIATF-401 Deal To Supply C-UAS Capabilities
Air Force Budget Has T-7A Funding “Wedge” To Account For Any EMD Changes
L3Harris Pauses IPO Of Missile Solutions Business, Says Market Undervalues
Lockheed Nabs $53.9 Billion Add To PAC-3 MSE Deal, Boosts Multi-Year Award To Nearly $59 Billion
Air Force Leadership And AETC Consult On Uses For Future F-35As Delivered Without Radars

Congress Updates

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 […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume