:

Air Force

Strong Operating Performance Lifts Boeing In Second Quarter

Defense Daily Staff

Thursday, July 28th, 2011

SHARE:

Boeing [BA] yesterday reported strong second quarter financial results driven by sales growth at its Commercial Airplanes segment and margin improvements at the commercial and defense segments. “Strong operational performance drove double-digit margins at both of our major businesses and produced outstanding results in the quarter,” Jim McNerney, Boeing’s chairman, president and CEO, said in a statement. Net income jumped 20 percent to $941 million, $1.25 earnings per share (EPS), from $787 million ($1.06 EPS), as overall margins rose nearly…

Congress

HASC Bill Would Allow Air Force To Buy More Than 267 F-15EXs

The House Armed Services Committee’s (HASC) fiscal 2027 defense authorization bill would allow the Air Force to buy more than 267 F-15EX fighters by Boeing [BA] and would extend the […]

Budget

Defense Bill Tries To Block Foreign Shipbuilding, Adds $1 Billion For Second DDG

The final version of the House Armed Services Committee’s (HASC) fiscal year 2027 defense authorization bill included two amendments pushed by Rep. Jared Golden (D-Maine) that restrict procuring Navy warships […]

Congress

Replacement Munitions May Not Be One-for-One; May Include New Weapons Chemistries, Wittman Says

As the Pentagon looks to refill inventories of weapons used in Iran and elsewhere, replacements may not be one for one but instead mark a new portfolio mix, according to […]

Congress

HASC Approves $1.15 Trillion FY ‘27 NDAA With ‘Right To Repair’ Reform

The House Armed Services Committee (HASC) has approved its $1.15 trillion version of the fiscal year 2027 National Defense Authorization Act (NDAA), with the panel moving to adopt a bipartisan […]