CNBCLeslie Josephs

Boeing ramps Air Force One program spend as Q2 turnaround shows improving cash flow and record backlog

Boeing says it is investing “significant resources” to meet a 2028 delivery target for the next presidential aircraft, while reporting second-quarter progress on its commercial turnaround. Q2 revenue rose 8% to $24.6 billion on 171 commercial deliveries, free cash flow turned positive at $631 million, and total backlog climbed to a record $715 billion amid strong demand and new orders. The company still posted a net loss of $428 million.

FlightGlobalCraig Hoyle

MGI Engineering spins up autonomous Vortex for UK competition

By FlightGlobal: High-performance platform will be promoted for UK requirement. UK company MGI Engineering has launched its T-022 Vortex autonomous collaborative platform (ACP), which it says “is designed from the outset to work alongside crewed jets as part of a coordinated team”.

2026-07-28T07:45:41.249167-07:00
Breaking DefenseAshley Roque

PACAF looks to reduce exercise participation to preserve 'readiness': Commander

By Breaking Defense: WASHINGTON — US Pacific Air Forces (PACAF) is reevaluating its upcoming exercise schedule to help preserve “readiness” in the face of increased commitments around the globe, including the Middle East, according to the four-star general overseeing the region.

2026-07-28T07:12:28.491494-07:00
FlightGlobalCraig Hoyle

FalconWorks chief details BAE Systems’ 25-year path to Brontanax CCA

By FlightGlobal: Unveiling propels UK to top table of CCA market. With global interest in a new class of collaborative combat aircraft (CCA) having taken off this decade, including with the US Air Force earlier this year ordering its first operational examples, the UK had looked at risk of falling critically behind.

2026-07-28T03:06:53.364479-07:00
Associated PressSTEPHEN McGRATH, Vadim Ghirda

NATO member Romania shoots down stray drones from Ukraine war after years of incursions

By Associated Press: Romania is taking a new approach to drones entering its airspace by shooting them down. Since Russia's invasion of Ukraine, drones have repeatedly violated Romania's airspace.

2026-07-28T03:40:23.497039-07:00