Boeing has added a loss of $217 million for the MQ-25 Stingray program, according to company earnings released today . The figure is part of over $3.3 billion in financial losses incurred across major fixed-price development programs like the T-7A Red Hawk and KC-46A Tanker. The company attributes the loss to higher production costs for engineering and manufacturing development units than were anticipated, with the initial EMD units still proceeding through the factory. The increase also “reflects recent and projected...
