President Barack Obama on Monday reiterated his staunch opposition to funding what he calls wasteful military projects such as the F-22 and the F-35 competing engine. In a speech at the Veterans of Foreign Wars convention in Phoenix, the President criticized Congress for adding on military programs the Administration doesn’t want. He said, such “waste would be unacceptable at any time, but at a time when we’re fighting two wars and facing a serious deficit, it’s inexcusable.” Continue
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.