Boeing reports $148M in tanker charges for 2019

By Courtney Albon / January 31, 2020 at 3:50 PM
Boeing today reported it incurred $148 million in KC-46 tanker charges in 2019, which the company attributes to "higher manufacturing costs." The company revealed the "forward-reaching loss" in a Securities and Exchange Commission filing. Boeing has already absorbed more than $3 billion in extra charges on its fixed-price tanker contract due to development and design problems. Along with added costs, which are largely Boeing's to pay, the tanker is behind schedule, and continues to face development and testing delays. The...

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