US Air Force

Boeing 747-8 Jumbo jet, the new Presidential aircraft

The U.S. Air Force said Boeing would build the planes to replace the two outdated model of Boeing VC-25 airplanes used by the U.S President. Boeing was the sole bidder, and the initial $25.8 million contract to reduce risk and lower the cost of the program by looking at the tradeoff between the requirements and design of the new plane.

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Pentagon awards Lockheed $969 million contract to build 17 C-130J aircraft

Lockheed Martin Corp got the $969 million deal from Pentagon to build 17 C-130 J military transport planes. Pentagon announced awarding the contract to Lockheed on Tuesday. The work is expected to be finished by April 2020, according to the Department of Defense.

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