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February 26, 2010

Airbus CEO Enders Expects A400M Financing Deal

Project Still $7 Billion Short

Thomas Enders, the president and CEO of Airbus says he is confident that the NATO countries who are partners in the A400M project will come to an agreement on how to share the cost overruns for the long-delayed military transport.

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Timken To Outfit U.S. Army Apache Choppers

Company Will Provide Emergency Supply Of Nose Gearboxes

The Timken Company's Aerospace and Defense business has received an order to provide an emergency supply of left-hand engine nose gearboxes for aftermarket use on the U.S. Army's fleet of Apache Longbow helicopters.

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Boeing, Northrop Studying Tanker RFP

Boeing "Disappointed" Some Issues Not Addressed, Northrop Withholding Comment

Both Boeing and Northrop Grumman say they have received the final RFP for the Air Force KC-X tanker program, with neither company saying they are particularly pleased with the document that was released Wednesday. 

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Air Force Seeks To Balance Current, Future Needs

$119.6 Billion Requested For Next Fiscal Year

The Air Force's budget request for fiscal 2011 provides the right balance between supporting the war efforts and other current-day commitments while posturing for future challenges, the top Air Force civilian and military leaders told Congress Tuesday.

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