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Boeing’s Air Force One charges top $2 billion, drag down profits
A $482 million loss on the VC-25B Air Force One program helped sink Boeing's defense sector's profits and lead to a nearly $1 billion quarterly loss.
Troops’ corrected leave balances will show up in October, DFAS says
Incorrect leave balances were posted due to a DFAS system change to implement a law that reduces the special leave accrual cap.
By Karen Jowers
Boeing CEO regrets Air Force One deal amid big quarterly losses
Boeing CEO Dave Calhoun said the Air Force One deal was “a very unique moment, a very unique negotiation, a very unique set of risks that Boeing probably shouldn’t have taken. But we are where we are."
F-35 deliveries could slow down, as COVID-19 jolts Lockheed’s supply chain
Lockheed's aeronautics business, especially the F-35 program, is facing potential delays.
By Valerie Insinna
Research finds veterans earn more than non-veterans
Veterans, on average, earn $5 an hour more than civilians who never served in the military, a new study shows.
By Brian Mackley