Lockheed Martin’s failed bid for the Future Long-Range Assault Aircraft program included “aggressive pricing,” the company’s chief financial officer says.
By Joe Anselmo, Jens Flottau, Guy Norris, Richard Aboulafia, Sash Tusa
Deliveries have plummeted and Airbus is doubling down with a new assembly line. Analysts Sash Tusa and Richard Aboulafia join Aviation Week editors to discuss.
The GAO on April 13 published a 38-p. report on its denial of Sikorsky’s protest to the Army’s decision to award the Future Long-Range Assault Aircraft.
A production problem with vertical stabilizer fittings will force Boeing to repair some undelivered 737 MAXs and delay an unspecified number of deliveries.
The latest setback means the IOC milestone is now expected nearly two years after the original schedule set at contract award to Boeing in August 2018.
The collapse of SVB and the fire sale of Credit Suisse CS suddenly have reminded the world what it was like in 2008 as the Great Financial Crisis emerged.