Supply chain, inflation woes drag down Boeing’s defense profit
Boeing executives called the defense sector’s results “disappointing,” and the company warned in filings more losses on key programs could be coming.
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Boeing executives called the defense sector’s results “disappointing,” and the company warned in filings more losses on key programs could be coming.
The “air” part has remained in a holding pattern as top aviators rethought how the air side will fit into the new Force Design 2030 plan.
HAL is exploring export opportunities for the HTT-40 basic trainer with Malaysia, Indonesia, the Philippines, Vietnam and the United Arab Emirates.
“Project Convergence is probably in our future,” said Tyler Barton, a computer scientist and project lead with the C5ISR Center. “Probably not next year.”
The Army exercised its prepositioned stock afloat for the first time in the Philippines this spring in a new process that will allow the service to ensure its stockpiles are optimally configured.
“We really saw how the aerial tier could extend our network, but we wanted to do some further evaluations,” said Army Brig. Gen. Jeth Rey, the director of the Network Cross-Functional Team.
President Joe Biden met virtually on Monday with the chief executive of Lockheed Martin and other companies to spur forward a bill to boost semiconductor production in the United States.
The country also aims to purchase coastal defense missile systems and is currently evaluating submitted offers.
The Defense Department is looking at alternative locations to host the largest military exercise in Africa amid Senate pressure to bump Morocco from its coveted position as an annual host for the drills.
The Army won’t be able to shoot down a swarm of enemy drones they way it would a single drone, Leonardo DRS CEO William Lynn said, so it needs a new strategy.