Americas * Boeing has acquiesced to a $536 million charge stemming from problems with the KC-46A tanker in development for the US Air Force. This the second such charge the company has taken on the program. The money will be diverted to fund the development and...
Americas * Raytheon has been awarded a $14.6 million contract modification for Standard Missile 3 (SM-3) and SM-6 engineering and technical services, with this modification partially covering a Foreign Military Sales contract with Australia. The Navy handed Raytheon a...
Americas * The Defense Department is reportedly monitoring negotiations for the sale of Sikorsky, with Textron also having dropped out of the running according to Reuters. Textron and Lockheed Martin emerged as bidders last week for the helicopter manufacturer,...
Americas * The Navy has reportedly issued a Request for Proposals to two shipyards for a third America-class amphibious warship (LHA-8) and six next-generation oilers (TAO(X)). The RFP was sent to General Dynamics NASSCO and Huntington Ingalls Industries, with the...
Americas * Lockheed Martin reported on Monday that the company has successfully tested two Joint Air-to-Ground Missiles (JAGM) during recent testing over Elgin AFB in Florida. The company is bidding for its missile to win the Army’s JAGM competition, delivering...