More KC-46A cost growth, this time $179M

Boeing today announced additional cost growth on the KC-46A tanker program when the company took a $179 million charge for the project, compounding previous losses on the tanker contract.

On Oct. 24, the company reported its third quarter results, including a $112 million charge to its commercial business for the KC-46A "due to higher-than-expected effort to meet customer requirements to support delivery of the initial aircraft, as well as due to incremental delays in certification and testing."

In addition, the $64 million charge to Boeing's defense business was ascribed to "cost growth on the KC-46 Tanker program." The company's Global Services business unit also took a $3 million tanker charge.