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Tag Archives: IOC

Boeing Lands $9.2B Air Force T-X Trainer Contract; Leanne Caret Quoted

Boeing (NYSE: BA) has won a potential 16-year, $9.2B contract to build up to 475 T-X trainer aircraft and 120 ground-based training platforms for the U.S. Air Force. “Today’s announcement is the culmination of years of unwavering focus by the Boeing and Saab team,” Leanne Caret, president and CEO of Boeing’s …

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Report: DoD IG Lauds USAF Acquisition Strategy, Risk Mgmt for Bomber Program

The Defense Department’s inspector general has said the U.S. Air Force developed a “comprehensive” risk management process and procurement strategy to support its $80 billion B-21 bomber aircraft program, Bloomberg reported Monday. DoD IG said in the redacted version of its audit report that the bomber program has “clearly defined” warfighter requirements …

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Air Force Procures 2 Boeing 747s for Presidential Aircraft Recapitalization Program

Boeing (NYSE: BA) has received a contract modification from the U.S. Air Force to convert a pair of 747-8 aircraft into presidential planes, the Air Force reported Friday. The contract award came a year after Boeing secured a potential $127.3 million contract modification to continue to perform risk reduction efforts for the Presidential …

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