Back to news

January 10, 2024 | International, Aerospace

‘Cautionary tale’: How Boeing won a US Air Force program and lost $7B

The KC-46 was to be the ideal candidate for a fixed-price development program. Instead, it has cost Boeing billions, and made industry wary of such deals.

https://www.defensenews.com/industry/2024/01/09/cautionary-tale-how-boeing-won-a-us-air-force-program-and-lost-7b/

On the same subject

  • Textron Aviation announces furlough of thousands of workers

    March 19, 2020 | International, Aerospace

    Textron Aviation announces furlough of thousands of workers

    By: Valerie Insinna WASHINGTON — Textron Aviation is furloughing more than 7,000 workers in the hopes of containing the spread of coronavirus, the company announced Wednesday. Textron Aviation mostly produces commercial business jets, turboprops and piston-engine aircraft through its Beechcraft, Cessna and Hawker brands. However, it also produces a number of military-specific aircraft, such as the Beechcraft T-6 Texan trainer used for basic pilot training by the U.S. Air Force and the AT-6 Wolverine, a weaponized version of that aircraft, and the Scorpion jet. News of the furlough was first reported by The Wichita Eagle, which also detailed number of workers slated to lose work. Textron has declined to specify how many workers will be furloughed or the functional areas of the business that will be impacted. Textron Aviation spokeswoman Sarah White said support for contracts would move forward, though with few details. The Air Force on Monday awarded Textron Aviation a $70 million contract for two AT-6 planes, training and support. That aircraft is manufactured at its plant in Wichita, Kan. “We are abiding by the requirements established by the DoD and our partner nations, as well as the protocols implemented across U.S. and customer bases worldwide,” she said in a written statement to Defense News. “We will continue to support our Defense customers according to our funded contract requirements.” More generally speaking, the furlough “will allow us to do our part in mitigating and containing the spread of the COVID-19 through social distancing, while continuing to support our customers,” White said. The company is also “limiting large group meetings, increasing daily cleaning of its facilities, restricting travel, and cancelling our participation in several global meetings and events” in response to the pandemic. The furlough will last from March 23 until May 29, but each impacted employees will only lose four weeks of work, she said. https://www.defensenews.com/coronavirus/2020/03/18/textron-aviation-announces-furlough-of-thousands-of-workers

  • North Korea unveils first tactical, nuclear-armed submarine | Reuters

    September 10, 2023 | International, Naval

    North Korea unveils first tactical, nuclear-armed submarine | Reuters

    North Korea has launched its first operational "tactical nuclear attack submarine" and assigned it to the fleet that patrols the waters between the Korean peninsula and Japan, state media said on Friday.

  • Près de 5 G$ pour moderniser le NORAD : la part de la base de Bagotville connue plus tard

    June 23, 2022 | International, Aerospace

    Près de 5 G$ pour moderniser le NORAD : la part de la base de Bagotville connue plus tard

    Ottawa va investir 4,9 milliards sur six ans pour moderniser et augmenter les capacités de défense du NORAD.

All news