Boeing lost $222 million on two key Air Force programs in the first quarter of fiscal year 2024: $128 million on the KC-46 aerial refueling tanker and $94 million on the T-7 trainer, where the total losses already exceed more than $7 billion and $1 ...
The Government Accountability Office says there are likely more delays ahead for the T-7A trainer, and the Air Force should build a realistic plan for testing and fielding the jet that takes into account the concurrency of design, test, and production.
Initial Operational Capability for the T-7A trainer has been pushed back from its original target of 2024 to 2027, Air Force acquisition executive Andrew Hunter reported. The setback stems from ejection seat issues that delayed the formal start of production. Hunter said the digital methods ...
GE Aviation, which primarily makes military and commercial engines, will become the main focus of the GE conglomerate after it spins off its health care and energy businesses, the Boston, Mass.-based company announced Nov. 9. The move was spurred by a desire to focus and simplify ...