Boeing is calling on Congress to restore a board quorum at the US Export-Import Bank following the Trump administration's nomination of Kimberly Reed to lead the bank. "Restoring the Export-Import Bank to full strength with a Board quorum is the best thing Washington can do right now to grow our economy through exports, shrink our trade deficits, and level the playing field so American workers can win," Boeing's Tim Keating said.
Boeing will deliver the first KC-46 tanker to the Air Force this fall. "With first delivery now set, the men and women of the Air Force know when they will start receiving this warfighting capability," Boeing said.
The Czech Republic is in the market for a dozen helicopters, 50 howitzers, two transport planes, drones, 210 vehicles and more as part of its $4.5 billion modernization.
Philippine President Rodrigo Duterte has given the green light to $5.6 billion in military spending on new equipment. "We're putting a premium on unmanned aerial vehicles, long-range patrol aircraft, offshore patrol ships and an electric-diesel submarine," one general said.
Boeing's Ihssane Mounir says a new mid-market jet from the plane-maker could enter service by 2025. Boeing has yet to make a final decision on whether to move forward with a new hybrid design.
Secretary of Defense James Mattis says the work of creating a Space Force has not started and "is going to require legislation and a lot of detail planning." Establishing a military service will require Congress to change Title 10 of the US Code.
BAE Systems is making capital investments in its US manufacturing facilities in anticipation of demand from the Department of Defense. The company has put $100 million into a new dry dock in California and $150 million into factories that do work related to electronic warfare suites for the F-35 and others.
A BAE Systems and Iveco Defence Vehicles team has received a $198 million contract to supply the Marine Corps with 30 next-generation amphibious combat vehicles. The contact could be worth $1.2 billion if options for up to 204 vehicles are exercised.
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