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A Boeing E-4B "Doomsday Plane" military aircraft takes off at Joint Base Andrews, in Maryland, U.S., May 11, 2022. The Air Force, which plans to award a SAOC contract in 2024, declined to comment on whether other firms had submitted bids. "We cannot discuss an active source selection and detailed program information is classified," an Air Force spokesperson said. "Rest assured, we haven't signed any fixed-price development contracts nor (do we) intend to," Brian West, Boeing's chief financial officer, said in October. The Air Force currently operates four E-4B aircraft with at least one on alert at all times.

Persons: Tom Brenner, haven't, Brian West, Valerie Insinna, Mike Stone, Marguerita Choy Organizations: Boeing, Joint Base Andrews, REUTERS, Rights, U.S . Air Force, Sierra Nevada Corp, Survivable Airborne Operations Center, The Air Force, Air Force, U.S, Pentagon, Thomson Locations: Maryland, U.S, Washington

"Airbus remains committed to providing the U.S. Air Force and our warfighters with the most modern and capable tanker on the market," an Airbus spokesperson said. The Air Force has sought to replace hundreds of Eisenhower-era KC-135 tankers in three lots. "Lockheed Martin has decided not to respond to the U.S. Air Force's KC-135 fleet recapitalization Request for Information," Lockheed spokesperson Stephanie Stinn said in a statement. A Lockheed-Airbus victory would have landed Airbus its first aircraft contract with the U.S. Air Force after attempting to penetrate the U.S. defense market for two decades. In 2011, Boeing won the first of the three-phase procurement to replace the Air Force's aging tanker fleet, securing a contract for 179 KC-46s.

Persons: Cheney Orr, Eisenhower, Lockheed Martin, Stephanie Stinn, Lockheed's, Valerie Insinna, Mike Stone, Chizu Organizations: Lockheed, Association of, United States Army, Global, REUTERS, Rights, Lockheed Martin Corp, U.S . Air, KC, Air Force, Airbus, U.S . Air Force, The Air Force, Boeing, U.S . Air Force's KC, Pegasus, Refueling, recapitalization, Air, Thomson Locations: Huntsville , Alabama, U.S, Alabama, Georgia, Washington

Microscopic contaminants were found in a metal used in the engine's high-pressure turbine discs - part of the engine core. In an interview, Chief Executive Greg Hayes acknowledged the airlines' frustration over a spate of problems with the Geared Turbofan (GTF) engines over the last seven years. While the latest GTF issue could be the last straw for some, we suspect that the negative (share price) response is overdone". Low-cost Indian carrier Go First, which plunged into financial crisis this year, blamed "faulty" Pratt & Whitney engines for the grounding of about half its 54 Airbus A320neos. Announcing quarterly earnings on Tuesday, RTX increased its 2023 sales expectation from $72 billion to $73 billion to $73 billion to $74 billion.

Persons: Whitney, Pratt, Greg Hayes, Safran, RTX, Robert Stallard, Wizz, Hayes, Pratyush Thakur, Valerie Insinna, Mike Stone, Susan Mathew, Rajesh Singh, Tim Hepher, Shounak Dasgupta, Sharon Singleton, Nick Zieminski Organizations: Pratt, Airbus, U.S, RTX Corp, Raytheon Technologies, CFM International, GE, Reuters, Research, Spirit Airlines Inc, JetBlue Airways, Wizz, Thomson Locations: Paris, Bengaluru, Washington, Chicago

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