Boeing CEO Dennis Muilenburg cites strong fundamentals as the driving force behind his company's stellar performance. Boeing is on pace for record deliveries in 2018, following a record-setting 763 deliveries last year.
Boeing Co. CEO Dennis Muilenburg said Thursday the airplane manufacturer is making progress on a deal with Brazilian plane maker Embraer. "We have structured a deal concept that will satisfy the needs of everybody involved ... [and] I am hopeful we can bring that deal to a successful conclusion," he said.
The latest Air Force budget request includes funding to create a program for small, quick satellite launches to combat enemy attacks on satellites. It would cost $192.5 million over five years and rely on commercial launch services.
Despite a pledge to return to the lunar surface, the Trump administration is calling for flat NASA budgets going forward. Space exploration goals have been repeatedly under-funded by recent administrations.
The US is falling behind in hypersonic weapons development compared to China. "We need to continue to pursue that and in a most aggressive way to ensure that we have the capabilities to both defend against China's hypersonic weapons and to develop our own offensive hypersonic weapons," Adm. Harry Harris Jr. recently told lawmakers.
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Initial reactions to Trump's budget request
President Donald Trump's Fiscal Year 2019 budget proposal is the vital first step to preserve our nation's security, underwrite its economic growth, and create high-skill, high-wage jobs across America. The US aerospace and defense industry has a broad array of interests in the budget, either important investments included, or programs and priorities underfunded or omitted. Read here.