It looks like programs are going to be the main big bill-payer as the Air Force confronts a further $12 billion of belt-tightening over the next six fiscal years. Air Force Secretary Michael Wynne told defense reporters in Washington Tuesday morning that the service has done all that can be done in terms of reducing personnel and that the 2005 BRAC round will actually cost the Air Force rather than save it any money. “There’s a war on,” so readiness accounts can’t be raided, Wynne said. That leaves only programs as a cash cow.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.