Automotive
01 December 2023, 10:15 am 1 minute
Reuters exclusively reported that The U.S. Air Force has eliminated Boeing (BA.N) from its competition to develop a successor to the E-4B Nightwatch, Boeing confirmed on Friday, shaking up the battle to build the next version of the aircraft known as the “Doomsday Plane” due to its ability to survive a nuclear war.
Market Impact
Boeing’s defense unit has lost $1.3 billion this year on fixed-price development programs that include NASA’s Starliner and the next Air Force One. It has lost $16.3 billion on fixed-price programs since 2014.
Article Tags
Topics of Interest: Automotive
Type: Reuters Best
Sectors: Aerospace & Defence
Regions: Americas
Countries: United States
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
