Remember when Defense Secretary Donald Rumsfeld pulled an about face last year and decided to save the C-130J program from cancellation? The DOD Inspector General, in a recently released audit report, now says that the Air Force provided bum data upon which Rumsfeld based his decision, but—here’s the rub—the IG agrees with the Air Force that it provided data “based on the information that was available at the time.” No fault, no foul, right? The IG goes on to say that the Air Force “should not have entered into a contract that could cost almost as much to cancel as to complete.” Meanwhile, the Air Force already has renegotiated the “offensive” contract.
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.