U.S. Air Force negotiations with Boeing [BA] on the E-7A Wedgetail airborne early warning aircraft have cut the price to be more in line with U.S. Air Force budget limits, a top service official said on May 8. "We have been executing all the work, but what we've been behind on is we got a proposal from Boeing that was roughly twice what the budgeted funding was--funds that were budgeted based originally on information from Boeing about what the cost…
