Boeing could receive $15.6 billion over the next five years to fund the production of modified 767 jets for the U.S. Air Force‘s aerial refueling operations, Bloomberg reported Thursday. Tony Capaccio writes that the Defense Department is requesting $2.95 billion for fiscal 2016, $3.22 billion for fiscal 2017 and $3.1 billion for fiscal 2018 through 2020 for its KC-46 tanker program. […] More

Department of Defense data shows the estimated cost to build and acquire Lockheed Martin-built F-35s has increased by 3.5 percent to $412 billion, up $14 billion from the previous estimate of $398 billion, Bloomberg reported Wednesday. According to the Pentagon’s Selected Acquisition Report, the latest cost estimate includes 2,470 planned fighter aircraft for the U.S. […] More