The Bethesda, Maryland-based company reported a $1.3 billion reach-forward loss on a classified program within the Missiles & Fire Control (M&FC) business.
“This is not going to be a major restructuring of the Boeing Company,” Ortberg said Jan. 28 while discussing fourth-quarter and full-year 2024 financial results.
Denmark’s political parties have agreed to spend $2 billion on strengthening defense capabilities in the Arctic and North Atlantic region, including Greenland.
ESA has signed a deal with Thales Alenia Space to build the EnVision spacecraft to explore Venus from its inner core to upper atmosphere, the company said.
Airbus and Spanish shipbuilder Navantia have agreed to explore the navalization of the Sirtap UAS, potentially enabling it to operate from Juan Carlos I.
President Donald Trump’s State Department has announced that the U.S. export control system authorized a whopping $318 billion in foreign arms sales in 2024.
Textron Aviation received its first international sale of seven Beechcraft King Air 260 military multi-engine training aircraft from SkyAlyne and KF Aerospace.