Boeing loses $168 million on VC-25B Air Force One program during COVID-19 crisis

By Sara Sirota / April 29, 2020 at 5:03 PM
(Editor's Note: This story has been updated to reflect a statement from an Air Force spokeswoman received subsequent to publication.) Boeing faces a charge of $168 million on the VC-25B Air Force One replacement program as a result of "engineering inefficiencies" associated with the coronavirus pandemic, the company revealed in a filing today. "We believe these inefficiencies will result in staffing challenges, schedule inefficiencies and higher costs in the upcoming phases of the program," Boeing stated in its latest...

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