DefenseNews

Boeing’s cost overruns on KC-46 now exceed initial contract with US Air Force

WASHINGTON — With the Jan. 27 announcement of a new $275 million charge on the KC-46, Boeing has now paid as much in cost overruns for the troubled program as the U.S. Air Force invested in the tanker’s development. The new charge, which the company reported as part of fourth-quarter 2020 earnings, means Boeing has now paid more than $5.0 billion out of pocket to pay for the myriad…
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DefenseNews

Newest Bradley fielding delayed as Army works to fix battery problem

WASHINGTON — The Army is testing a solution to address overheating and toxic gas production in the newest version of the Bradley Infantry Fighting Vehicle’s turret battery, but its release has been delayed by almost a year, the service’s program office told Defense News. The problem was discovered during the Army Test and Evaluation Command-run Full Operational Test and Evaluation at Fort…
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DefenseNews

Greece and France ink $3 billion contract for Rafale fighter jets

PARIS – The Greek and French defense ministers in Athens today witnessed the signature of the contract to buy 18 Rafale fighter aircraft after Greek parliamentarians approved the €2.5 billion ($3.04 billion) deal earlier this month. Nikos Panagiotopoulos and his French counterpart, Florence Parly, looked on whilst Theodoros Lagios, the director general of armaments and investments at the…
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DefenseNews

House and Senate OK Lloyd Austin’s Waiver to Serve as Defense Secretary

Gen. Lloyd J. Austin III responds to a question during his Senate Armed Forces Committee confirmation hearing in Washington, D.C. Jan. 19, 2021. (DoD/EJ Hersom) Members of Congress voted to grant Lloyd Austin a waiver to lead the Pentagon despite being out of uniform for less than the seven years required by law, setting the stage for him to be confirmed as defense secretary as early as Thursday…
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