Boeing's losses on the KC-46 tanker now add up to over $5.4 billion, as the company took an additional charge on the program of $406 million in the last quarter of 2021. The company chalked up the loss to continued resolution of the Remote Viewing ...
After six straight quarterly losses, Boeing reported profits of $755 million in the second quarter of 2021, a year after posting a $3.32 billion loss. Company officials reported no new loss on the KC-46 tanker, on which the company has lost $5 billion so far. ...
Boeing reported its sixth straight loss in its first-quarter earnings report April 28, including a new charge on the Air Force One replacement program. However, Boeing Defense saw increased revenue, spurred largely by new KC-46, P-8, and V-22 contract awards. Company CEO David L. Calhoun ...
Boeing must pay another $151 million out of pocket for the KC-46 program, the company announced in an earnings call July 29. This time, the company incurred the extra cost because the coronavirus pandemic is slamming the aerospace industry. Parts and work for the new ...
Boeing expects to spend $551 million of its own money on the design and implementation of fixes to the KC-46 Remote Vision System, as part of a new $827 million charge on the aircraft, the company announced April 29. The Air Force and Boeing early ...