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US Air Force Scolds Boeing Over KC-46A Tanker Delays

U.S. Air Force Secretary Heather Wilson told the House Armed Services Committee that she is skeptical of Boeing's claims that it will deliver the new Air Force KC-46A tanker on schedule.

Paul Ausick · 8 years ago

General Dynamics Not Backing Down in Bid for CSRA

General Dynamics said it intends to proceed with its tender offer to acquire all outstanding shares of defense contractor and IT company CSRA despite a higher competing bid.

Trey Thoelcke · 8 years ago

Boeing Remains the Top Dow Stock

Boeing shares recovered last week most of the previous week's share price loss. The stock has been the Dow's best performer since the second week of 2018.

Paul Ausick · 8 years ago

Boeing Testing Unmanned Refueling Vehicle

Boeing has begun testing a prototype of its unmanned aerial vehicle that is competing for a U.S. Navy contract for an unmanned carrier-based refueling tanker.

Paul Ausick · 8 years ago

Airbus to Cut 3,700 European Jobs on Production Cuts

Reduced production rates for the Airbus superjumbo A380 and the company's military airlifter A400M will cost up to 3,700 European employees to lose their jobs over the next two years.

Paul Ausick · 8 years ago

Boeing Tanker Woes Return

An Air Force spokesman said Tuesday that Boeing is likely to miss its contractual delivery date for the first 18 KC-46A refueling tankers. This is just the latest in a long history of delays…

Paul Ausick · 8 years ago