Boeing will start assembling the first of four production representative test vehicles of the T-7A Red Hawk advanced jet trainer for the U.S. Air Force.
Boeing has met two milestones under a new agreement with the U.S. Air Force aimed at accelerating the fielding of the T-7A Red Hawk trainer that has been delayed.
According to data from Aviation Week Intelligence Network’s Fleet Discovery Military tool, combined open requirements for training aircraft of all mission types total an eye-opening 1,051 aircraft.
“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.
The company on Jan. 23 announced its preliminary earnings for the fourth quarter of 2024, with total revenues of $5.4 billion and an operating margin of 41.9%.
The service announced Jan. 15 that it will buy four production representative test vehicles (PRTV) with fiscal 2025 research, development, test and evaluation funds.
A strategy used from 2011 to 2018 to win five fixed-price development programs with low-priced bids continues to haunt Boeing’s defense and space business.