Air Force: KC-46 Cost Expected To Surpass Ceiling By $1.4B

By Courtney Albon / December 15, 2014 at 9:39 PM
The Air Force expects the development price tag for the KC-46 tanker will outpace the contract's ceiling by more than $1.4 billion -- an increase of about $441 million over last year's projections. This year's annual KC-46 program office risk assessment, completed in November, pegs the expected cost for the program's development contract at $6.3 billion -- about $1.4 billion over the program's $4.8 billion fixed-price incentive firm development contract, according to the Air Force's Program Executive Officer for Tankers...

Not a subscriber? Sign up for 30 days free access to exclusive, behind-the-scenes reporting on defense policy and procurement.

Log in to access this content.