Nouvelles

Houston – April 27, 2020 – KBR (NYSE: KBR) has received a $63.9 million task order from the Department of Defense (DoD) Test Resource Management Center (TRMC) to develop interoperability solutions to expand the U.S. military's testing and training capabilities. KBR will utilize its vast test and evaluation (T&E) expertise to assess and address the unique requirements necessary to incorporate additional test range sites into the DoD's T&E infrastructure. This will streamline and enhance the integration of test and training capabilities for DoD weapons systems. KBR's work will result in developed hardware and software solutions that address the military's T&E needs. KBR will help DoD improve range interoperability and effective reuse of resources resulting in increased capability while reducing development, operation and maintenance costs for test ranges. The company's efforts will also further the important partnership between the Test and Training Enabling Architecture Software Development Activity (TENA-SDA) and Joint Mission Environment Test Capability (JMETC) to expand connectivity and develop enhanced capabilities for test and training facilities. “KBR is proud of our nearly two decades of TENA support, promoting range interoperability and flexibility for the U.S. military,” said Byron Bright, KBR President, Government Solutions U.S. “KBR will continue to use its expertise to develop innovative solutions to fortify and grow the DoD's T&E capabilities.” KBR was awarded this task order under the cost-plus-fixed/firm-fixed fee One Acquisition Solution for Integrated Services (OASIS) contract which KBR won a seat on in 2014. This is a one-year task order with four option periods. KBR ensures mission success for customers on land, at sea, in the air, and in space and cyberspace. It has operational and developmental T&E processes designed for corporate, government and military organizations. KBR holds extensive experience evaluating complex systems and technologies ranging from combat vehicles and high-performance aircraft to weapons systems and orbital launch platforms. KBR is engineering solutions for the needs of today and tomorrow, safely and efficiently. About KBR, Inc. KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 37,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses: Government Solutions, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics Technology Solutions, featuring proprietary technology, equipment, catalysts, digital solutions and related technical services for the monetization of hydrocarbons, including refining, petrochemicals, ammonia and specialty chemicals, as well as inorganics Energy Solutions, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver. Visit www.kbr.com Forward Looking Statement The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company. KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason. For further information, please contact: Investors Alison Vasquez Vice President, Investor Relations 713-753-5082 Investors@kbr.com Media Philip Ivy Vice President, Global Communications and Marketing 713-753-3800 MediaRelations@kbr.com View source version on KBR, Inc.: https://www.kbr.com/en/insights-events/press-release/kbr-wins-64m-recompete-expand-dod-testing-and-training-capabilities

Londonderry, N.H. April 30, 2020 - L3Harris Technologies (NYSE:LHX) has completed delivery of 656 combat-ready Enhanced Night Vision Goggle – Binocular (ENVG-B) systems to the U.S. Army. This delivery fully equips the Army's first unit with next generation night vision technology that enhances the soldier's ability to locate and engage threats and access common operating environment imagery, thus improving the soldier's situational awareness, mobility and protection. “The success of the ENVG-B program is based on our continued collaboration with the U.S. Army and our ability to rapidly develop, test and deliver next generation capabilities that enable our soldiers to combat near-peer threats around the world,” said Lynn Bollengier, President, Integrated Vision Solutions, L3Harris. “Delivering imagery and data from the battlefield directly to the soldier's eye is game changing technology and L3Harris is proud to equip the Army with the first combat-ready goggles of this kind.” This delivery is part of the initial order the company received under the $391 million ENVG-B Directed Requirement contract from the Army in 2018. The first 52 systems were delivered last fall. To date, L3Harris has received orders to deliver just over 10,000 ENVG-B systems under the Directed Requirements contract. The ENVG-B includes a new high-resolution display and an embedded soldier wireless personal area network, rapid target acquisition and augmented reality algorithms to interface with the Army's Nett Warrior. The complete system will interface with the Army's family of weapon sights, while enhancing interoperability and data sharing. About L3Harris Technologies L3Harris Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers' mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and cyber domains. L3Harris has approximately $18 billion in annual revenue and 50,000 employees, with customers in 130 countries. L3Harris.com. Forward-Looking Statements This press release contains forward-looking statements that reflect management's current expectations, assumptions and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. Statements about the value or expected value of orders, contracts or programs and about technology capabilities are forward-looking and involve risks and uncertainties. L3Harris disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. View source version on L3Harris Technologies: https://www.l3harris.com/newsroom/press-release/2020/04/89751/l3harris-technologies-equips-the-us-armys-first-unit-with-enhanced-night-vision-goggle--binocular?utm_source=twitter&utm_medium=social&utm_campaign=cs-ivs-pr-envg-b

ARMY FN America LLC, Columbia, South Carolina (W56HZV-20-D-0024); and Colt's Manufacturing Co. LLC, West Hartford, Connecticut (W56HZV-20-D-0025), will compete for each order of the $383,311,941 firm-fixed-price contract to provide M16A4 rifles for Foreign Military Sales (Afghanistan, Grenada, Iraq, Lebanon and Nepal). Bids were solicited via the internet with three received. Work locations and funding will be determined with each order, with an estimated completion date of April 28, 2025. U.S. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity. Travis Association for the Blind, Austin, Texas, was awarded a $12,483,935 modification (P00004) to contract W56HZV-18-C-0067 to support repairing, cleaning, warehousing and distribution of organizational clothing and individual equipment. Bids were solicited via the internet with one received. Work will be performed in Austin, Texas, with an estimated completion date of April 30, 2021. Fiscal 2020 operations and maintenance, Army funds in the amount of $12,483,935 were obligated at the time of the award. U.S. Army Contracting Command, Detroit Arsenal, Michigan, is the contracting activity. Cepheid, Sunnyvale, California, was awarded a $9,933,000 firm-fixed-price contract (W911QY-20-P-0154) for up to 333,000 COVID-19 assays. Bids were solicited via the internet with one received. Work will be performed in Sunnyvale, California, with an estimated completion date of March 31, 2021. Fiscal 2020 operations and maintenance, Army funds in the amount of $9,933,000 were obligated at the time of the award. U.S. Army Contracting Command, Aberdeen Proving Ground, Maryland, is the contracting activity. (Awarded April 27, 2020) Manson Construction Co., Seattle, Washington, was awarded a $7,675,998 modification (P00002) to contract W912P8-20-C-0010 to exercise option hours for the dredge Glenn Edwards. Work will be performed in Plaquemines Parish, Louisiana, with an estimated completion date of Sept. 30, 2020. Fiscal 2020 civil operations and maintenance funds in the amount of $7,675,998 were obligated at the time of the award. U.S. Army Corps of Engineers, New Orleans, Louisiana, is the contracting activity. DEFENSE LOGISTICS AGENCY American Water Military Services LLC, Camden, New Jersey, has been awarded a maximum $70,000,000 modification (P00001) to a 50-year contract (SP0600-19-C-8327) with no option periods for additional wastewater utility system construction, repair and replacement work at Target Hill Wastewater Treatment Plant, U.S. Army Garrison West Point, New York. This is a fixed-price contract. Locations of performance are New Jersey and New York, with a Sept. 30, 2023, performance completion date. Using military service is Army. Type of appropriation is fiscal 2016 through 2020 Army military construction funds. The contracting activity is the Defense Logistics Agency Energy, Fort Belvoir, Virginia. Raytheon Co., Andover, Massachusetts, has been awarded a maximum $13,688,190 firm-fixed-price, one-time purchase contract for radomes. This was a sole-source acquisition using justification 10 U.S. Code 2304 (c)(1), as stated in Federal Acquisition Regulation 6.302-1. This is a two-year base contract with no option periods. Location of performance is Massachusetts, with a March 31, 2022, performance completion date. Using military service is Army. Type of appropriation is fiscal 2020 defense working capital funds. The contracting activity is Defense Logistics Agency Aviation, Redstone Arsenal, Alabama (SPRRA2-20-C-0023). UPDATE: Werres Corp., Frederick, Maryland (SPE8EC-20-D-0058) has been added as an awardee to the multiple-award contract for commercial material handling equipment, issued against solicitation SPE8EC-17-R-0002 and awarded June 9, 2017. AIR FORCE Raytheon Missile Systems, Tucson, Arizona, has been awarded a not-to-exceed $32,780,869 fixed-price-incentive-fee, undefinitized contract action for StormBreaker Lot 6 Contract Line Identification Number 6001 - All Up Round (AUR); Simmonds Precision Product and multicut. This contract provides for Simmonds Precision Product and multicut material and labor for parts used in a StormBreaker AUR. Work will be performed in Tucson, Arizona, and is expected to be completed by Nov. 21, 2022. This award is the result of a sole-source acquisition. Fiscal 2020 missile procurement funds in the amount of $6,612,745 are being obligated at the time of award. Air Force Life Cycle Management Center, Eglin Air Force Base, Florida, is the contracting activity (FA8672-20-C-0005). (Awarded April 28, 2020) NAVY Physical Optics Corp.,* Torrance, California, is awarded a $17,783,583 cost-plus-fixed-fee order (N68335-20-F-0001) against previously issued basic ordering agreement N68335-19-G-0041. This order provides non-recurring engineering for the production, test, integration and delivery of the T-45 Head-Up Display (HUD) and its associated internal software. Work will be performed in Torrance, California, and also provides airworthiness substantiation and supports the joint software support activity lab and government flight test demonstration for the HUD. This is a Small Business Innovation Research (SBIR) Phase III for research and development performed under the SBIR Topic Numbers N091-003, N152-096 and 04-A-A1.01. Work is expected to be complete by April 2022. Fiscal 2020 research, development, test and evaluation (Navy) funds in the amount of $1,166,435; fiscal 2019 fiscal aircraft procurement (Navy) funds in the amount of $16,387,148; and fiscal 2019 research, development, test and evaluation (Navy) funds in the amount of $230,000 will be obligated at time of award, $230,000 of which will expire at the end of the current fiscal year. The Naval Air Warfare Center Aircraft Division, Lakehurst, New Jersey, is the contracting activity. Vectrus J&J Facilities Support LLC, Colorado Springs, Colorado, is awarded a $17,090,690 indefinite-delivery/indefinite-quantity contract for base operating support (BOS) services at Naval Air Station Patuxent River, Patuxent River, Maryland; Webster Field, St. Inigoes, Maryland; Solomons Annex, Solomons, Maryland; and Point Lookout, St. Mary's County, Maryland. The maximum dollar value including the base period and seven option periods is $190,007,916. All work will be performed in Calvert County (8%) and St. Mary's County (92%), Maryland. The BOS services to be performed include: general information, management and administration, airfield facilities, facilities support including facility management; facility investment; integrated solid waste management; other (swimming pools); special events; and utility management, wastewater, water and environmental services. Work is expected to be complete by June 2028. No funds will be obligated at time of award. Fiscal 2020 operations and maintenance (Navy) contract funds in the amount of $17,090,690 for recurring work will be obligated on an individual task order issued during the base period. This contract was competitively procured via the Navy Electronic Commerce Online website, and seven proposals were received. The Naval Facilities Engineering Command, Atlantic, Norfolk, Virginia, is the contracting activity (N62470-20-D-0009). CFM International, West Chester, Ohio, is awarded a $13,582,486 modification (P00172) to a previously awarded firm-fixed-price contract (N00019-18-C-1071). This modification exercises an option to procure one CFM56-7B27AE commercial-off-the-shelf engine for the government of the United Kingdom. Work will be performed in Villaroche, France (50%); and Durham, North Carolina (50%), and is expected to be complete by April 2021. Foreign Military Sales funds in the amount of $13,582,486 will be obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity. DEFENSE COMMISSARY AGENCY Jones Lang LaSalle Americas Inc., Chicago, Illinois, is being awarded a $9,940,010 hybrid-fixed-price, time and materials schedule task order for whole facilities maintenance at various commissaries located in the U.S. and its territories. The task order is for a one-year base period beginning July 1, 2020. The task order includes four one-year option periods. If all options are exercised, the task order will be completed June 30, 2025. Quoters were solicited on the General Services Administration eBuy website, available to 03FAC contract holders, five quotes were received. The Defense Commissary Agency, Enterprise Acquisition Division, Construction Design Branch, Joint Base San Antonio, Lackland, Texas, is the contracting activity (HDEC03-20-F-0028). Jones Lang LaSalle Americas Inc., Chicago, Illinois, is awarded a $9,632,375 hybrid-fixed- price, time and materials schedule task order for whole facilities maintenance at various commissaries located in the U.S. and its territories. The task order is for a one-year base period beginning July 1, 2020. The task order includes four one-year option periods. If all four option periods are exercised, the task order will be completed June 30, 2025. Quoters were solicited on the General Services Administration eBuy website, available to 03FAC contract holders, five quotes were received. The Defense Commissary Agency, Enterprise Acquisition Division, Construction Design Branch, Joint Base San Antonio, Lackland, Texas, is the contracting activity (HDEC03-20-F-0027). Nelson Refrigeration Inc., La Vista, Nebraska, is awarded an $8,840,133 hybrid-fixed-price, time and materials schedule task order for whole facilities maintenance at various commissaries located in the U.S. and its territories. The task order is for a one-year base period beginning July 1, 2020. The task order includes four one-year option periods. If all four option periods are exercised, the task order will be completed June 30, 2025. Quoters were solicited on the General Services Administration eBuy website, available to 03FAC contract holders, five quotes were received. The Defense Commissary Agency, Enterprise Acquisition Division, Construction Design Branch, Joint Base San Antonio, Lackland, Texas, is the contracting activity (HDEC03-20-F-0033). J&J Worldwide Services, Austin Texas, is awarded a $7,822,654 hybrid-fixed price, time and materials schedule task order for whole facilities maintenance at various commissaries located in the U.S. and its territories. The task order is for a one-year base period beginning July 1, 2020. The task order includes four one-year option periods. If all four option periods are exercised, the task order will be completed June 30, 2025. Quoters were solicited on the General Services Administration eBuy website, available to 03FAC contract holders, five quotes were received. The Defense Commissary Agency, Enterprise Acquisition Division, Construction Design Branch, Joint Base San Antonio, Lackland, Texas, is the contracting activity (HDEC03-20-F-0030). *Small business https://www.defense.gov/Newsroom/Contracts/Contract/Article/2170148/source/GovDelivery/

AeroVironment a remporté un contrat de taille avec la défense américaine, visant à livrer des drones Puma 3 AE. Nouveaux moyens d'observation. En février dernier, AeroVironment a remporté un contrat de 10,7 M$ avec la défense américaine, visant à équiper l'US Army et les Marines de drones Puma 3 AE. Les livraisons ont normalement eu lieu au cours du mois d'avril. Les aéronefs seront employés pour la conduite de missions de reconnaissance, de surveillance et d'acquisition de cibles. Capitaliser sur l'expérience. Le choix de la défense américaine de se tourner vers AeroVironment pour cette commande fait suite à une relation historique, puisque les soldats américains mettent en œuvre de nombreux drones de l'industriel, un client lui servant de vitrine lors de ses campagnes d'exportation. Puma 3 AE. Le drone Puma 3 AE correspond a un système de 6,8 kilos, pouvant être lancé à la main (de quoi limiter l'empreinte logistique). Il dispose d'une autonomie de 2,5 heures et peut évoluer dans un rayon de 20 km à partir de sa station sol. La portée peut atteindre 60 km lorsque le drone est employé avec une antenne LRTA (long-range tracking antenna), pour les missions devant être conduites sur de longues distances. Conçu pour pouvoir évoluer en environnement maritime, le drone Puma 3 AE peut se poser en mer et sur terre. https://air-cosmos.com/article/des-drones-puma-pour-la-dfense-amricaine-22996

Lee Hudson Graham Warwick Boeing is facing a novel coronavirus-related setback to the VC-25B presidential transport program, causing the company to recognize a $168 million impact in the first quarter. The VC-25B effort faced “inefficiencies” because personnel were directed to work virtually because of COVID-19. This forced Boeing to re-evaluate its estimate, Greg Smith, the company's chief financial officer, told reporters April 29 following a first-quarter earnings call. “The reach-forward loss on VC-25B is associated with engineering inefficiencies from the COVID-19 environment,” according to Boeing's first-quarter earnings report. “We believe these inefficiencies will result in staffing challenges, schedule inefficiencies and higher costs in the upcoming phases of the program.” The U.S. Air Force acknowledged the VC-25B program is a victim of COVID-19 because of component delivery delays from overseas suppliers, the service's acquisition executive, Will Roper, told reporters April 29. However, the V-25B program is a fixed-price contract, meaning Boeing will take the financial hit, not the Air Force. Smith reiterated that despite the financial loss, the program remains on schedule. Boeing began structural modifications on the first 747-8 aircraft to become a VC-25B in March after removing the interior, engines, auxiliary power units and other subsystems. The Air Force acquired the 747-8s in 2017 after selecting Boeing to replace two VC-25As that now perform the role. The service anticipates spending $5.3 billion to complete modifications on both aircraft to begin operations at the end of 2024. https://aviationweek.com/defense-space/budget-policy-operations/covid-19-impacts-air-force-one-replacement-bottom-line

Joe Gould The U.S. Army is ordering second-generation manpack radios from L3Harris Technologies and Collins Aerospace worth $203.2 million, ahead of a forthcoming operational test that will inform a full-rate production decision next fiscal year. The Army said April 29 it awarded a negotiated bilateral firm-fixed-price delivery orders to Collins, of Iowa, and L3Harris, of New York, for a total of 3,440 (1,720 each) radios and ancillaries. Delivery, which is part of its third low-rate production order, are to begin in the first quarter of fiscal 2021. The radios are a key element to what the service calls the integrated tactical network, the concept behind the Army's modernized battlefield network which will incrementally add capabilities units every two years beginning in 2021. The orders will support the ITN and tactical satellite modernization efforts, as well as security force assistance brigades and future deployments, according to the Program Executive Office Command, Control, Communications-Tactical (PEO C3T). L3Harris announced it received a $95 million low-rate initial production order for AN/PRC-158 multi-channel radios, while Collins said it received an order for its AN/PRC-162 ground radios, worth the remaining value of the award―about $108 million. Both fall under the five-year HMS (Handheld, Manpack & Small Form-Fit) indefinite delivery/indefinite quantity contract, which has a $12.7 billion ceiling and a five-year extension option for the Army. “L3Harris is proud to deliver the most critical part of the U.S. Army's Integrated Tactical Network, enabling secure multi-mission capability in the most challenging and contested environments,” said Dana Mehnert, L3Harris's president for communication systems. “The AN/PRC-158 will equip soldiers with cutting-edge waveforms, providing resilient SATCOM and advanced wideband networking at the tactical edge.” In a statement, Ryan Bunge, Collins Aerospace's vice president and general manager for communication, navigation and guidance solutions, said "our ground radio gives warfighters access to the most advanced networked communication technology available, ultimately leading to improved situational awareness and mission success. We've delivered superior communications capabilities with our airborne radios for decades, and we've leveraged that expertise to provide a complete, interoperable solution for both ground and air assets at the lowest life cycle cost.” https://www.c4isrnet.com/it-networks/2020/04/29/l3harris-and-collins-split-203m-order-for-army-radios/

Andrew Eversden The Army has moved the Lockheed Martin-made electronic warfare pod to the build and evaluation phase of the operational system, as it bolsters its electronic warfare capabilities. The second phase agreement is worth nearly $75 million, according to the Consortium Management Group's Jan. 30 award listing, which made the award on behalf of the Army. Lockheed Martin's electronic warfare pod, known as the “Air Large” piece of the Army's Multi-Function Electronic Warfare family of systems program, is mounted on an MQ-1C Gray Eagle drone. It provides commanders with jamming capabilities as well as electronic support, or sensing of the electromagnetic spectrum. The defense contractor developed a prototype as part of the first phase of the project it won in January 2019 under an $18 million contact. “Our internal research & development programs have resulted in first-of-its-kind converged technologies that are at the forefront of realizing our customers' urgent need and vision for combined cyber and electronic warfare (EW) capability and dominance,” Deon Viergutz, vice president of Lockheed's Spectrum Convergence division, said in a statement. The company has been testing the pod as part of the Army's Cyber Blitz exercise. Army officials plan to have the capability deployed to combat aviation brigades in 2022. The pods are expected to play a critical role on the battlefield with near-peer adversaries, such as Russia and China. “The air pod solutions are very important, especially when you start going against a near-peer competitor. The main reason why is because you start now dealing with more of an [electronic intelligence] ELINT threat than with a strictly commercial threat,” Col. Kevin Finch, program manager for electronic warfare and cyber within Program Executive Office Intelligence, Electronic Warfare and Sensors, told C4ISRNET in October last year. https://www.c4isrnet.com/battlefield-tech/c2-comms/2020/04/29/the-army-is-moving-forward-with-its-electronic-warfare-pod

By: Valerie Insinna WASHINGTON — Boeing took a $827 million hit as cost overruns continue for the KC-46 tanker program, the company announced Wednesday. About $551 million of the pre-tax charge was caused by new expenses associated with designing and integrating a new Remote Vision System for the tanker as part of an April agreement with the Air Force. The remainder of the charge reflected “productivity inefficiencies and COVID-19 related factory disruption,” according to a news release. KC-46 production stopped for about three weeks over the past month due to a temporary shutdown at Boeing facilities in the Seattle area — including the factory in Everett, Wash., where the tanker is produced. With the new charge, Boeing has now racked up about $4.6 billion in cost overruns over the life of the KC-46 program. Those expenses must be completely paid by Boeing under the terms of the $4.9 billion fixed-price firm contract it agreed to in 2011. The bill comes as Boeing contends with the continued grounding of the 737 MAX and instability to the air travel market posed by COVID-19, which has led to lost orders and disruptions throughout the company's production lines. But the RVS deal struck in April could potentially mark a new chapter for the tanker program, which has been mired in disputes between Boeing and the Air Force for years. The RVS — integrated by Boeing with cameras and sensors from Collins Aerospace — feeds live video and other data to the boom operator, who is able to use those cues to pump gas into another aircraft. But the Air Force has complained that the system does not work properly in all lighting conditions, leading to an increased risk of the KC-46 accidentally scraping the aircraft receiving fuel. Under the terms of the new deal, Boeing will make incremental hardware and software improvements to the existing system, but it will also design a new “RVS 2.0” with high-definition color cameras, better displays and improved computing systems not on the market when the first RVS was developed. During an earnings call with investors on Wednesday, Boeing CEO Dave Calhoun said the defense market continues to be healthy with solid demand. Overall, first quarter revenue for Boeing's defense sector decreased to $6 billion, down from about $6.6 billion in 2019. Most of that reduction was due to the KC-46 charge, according to the company, but a number of other defense programs were also impacted by the coronavirus pandemic, leading to reduced margin. https://www.defensenews.com/air/2020/04/29/boeing-gets-another-827m-charge-on-the-kc-46-program/

By: Angela Charlton, The Associated Press PARIS — Airbus says the aviation industry's unprecedented troubles are just beginning. The European manufacturing giant reported €481 million (U.S. $515 million) in losses in the first quarter, put thousands of workers on furlough and sought billions in loans to survive the coronavirus crisis. And its CEO said Wednesday it's still at an “early stage.” Even after virus-related travel restrictions eventually ease, Chief Executive Guillaume Faury acknowledged it will take a long time to persuade customers to get back on planes. Just how long, he can't predict. “We are in the gravest crisis the aerospace industry has ever known,” Faury said. “Now we need to work as an industry to restore passenger confidence in air travel as we learn to coexist with this pandemic.” Images shared online of packed planes and maskless, elbow-to-elbow passengers on U.S. flights — despite virus protection guidelines - have worried travelers and airline unions alike. International travel restrictions, meanwhile, have grounded thousands of planes worldwide. Faury insisted that airplanes are “probably the best place to be” during a virus outbreak because of air filtration systems put in place after previous virus outbreaks and other threats, but said Airbus will work with aviation authorities to try to calm the public. Shares in Airbus and Boeing have dropped some 60 percent this year as customer airlines collapse or seek billions of dollars in government bailouts. Airbus was unable to deliver 60 planned planes in the quarter because of virus-related problems, and said the second quarter looks similarly rough. Customers are asking for delays, which Faury called “the biggest issue we are managing at the moment.” Airbus executives expressed hope Wednesday that deliveries could start picking up in the second half of the year. But they refused to issue long-term guidance given that the virus is still spreading, and that governments are reluctant to relax international travel restrictions. U.S. rival Boeing is facing similar woes. Boeing's CEO said Monday that it will take years for the aircraft-building business to return to levels seen before the coronavirus pandemic. Airbus has slashed production by a third since the virus hit, and Faury said Airbus will study “resizing” the company after the crisis ebbs — a worrying prospect on a continent where Airbus has factories in four countries and is one of the region's industrial leaders. Already 3,000 Airbus workers in France are on temporary unemployment and the number is expected to grow. In addition, 3,200 workers in the U.K. are on furlough and negotiations are under way to put thousands of German workers on short work plans. A recent letter by Faury warning workers that the company is “bleeding cash” was a shock to many. But Frederic Romain of French union CFTC said “the situation requires transparency. It allows workers to open their eyes” to what's ahead. “Fears? We have a lot of them. For the moment we don't have a clear vision of what awaits us," Romain said. Airbus reported a 15 percent drop in revenues to €10.6 billion in the first quarter. Looking longer term, Faury insisted that Airbus remains committed to reducing airplane emissions but said it's “less urgent” than before the coronavirus crisis because the company has more pressing problems to solve. “For practical cash reasons," Airbus has stopped or suspended some projects aimed at “decarbonizing” its production, he said. https://www.defensenews.com/industry/2020/04/29/airbus-reports-515m-in-first-quarter-losses/