Boeing on Jan. 27 reported another $275 million charge to its KC-46 program, pushing the total cost overruns it is responsible for to more than $5 billion in the past six years—more than the initial contract award for the tanker. The fourth quarter total means ...
The Air Force bought 12 more KC-46s under a Jan. 12 contract awarded to Boeing for approximately $1.7 billion. The award modification, the sixth production lot for the program, means Boeing is now on contract for 79 of the new tankers. So far, the company ...
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 ...