Sign In
Search
Air Force

Boeing Takes $536 Million Charge On Air Force Tanker, Says Schedule Intact

Cal Biesecker By
SHARE:
Boeing Takes $536 Million Charge On Air Force Tanker, Says Schedule Intact
A rendering of the KC-46A. Boeing image.

For the second straight year, Boeing [BA] on Friday said it will take a hefty charge in the second quarter on the KC-46 Pegasus aerial refueling tanker it is developing for the Air Force, this time a $536 million gouge to the bottom line.Boeing said that the charge, which equates to 77 cents earnings per share (EPS), is related to work on the tanker’s integrated fuel system that arose when the company was preparing for and conducting test and verification…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Air Force

Space Force Soliciting Industry Prototypes For $783 Million Program To Upgrade Ground-Based Radars

Air Force

U.S. Special Operations Command Budget For OA-1K Drops From 62 To 53 Planes

Air Force

FAMM More Than Two-Thirds Of Munitions Buy In Air Force FYDP

Air Force

Space Force Awards Northrop Grumman $398 Million For Enhanced PTS-P

Trending

Space Force Awards Viasat And Intelsat General $438 Million For Continued Work On PTS-G
Defense Watch: Sub Deal Soon, Mach Buy, THAAD Investment, CUAS Marketplace
DoD Opens $30 Million Prize Challenge For Autonomous Non-Tactical Vehicles
Rocket Lab To Design, Build And Operate Two GEO Satellites For Space Domain Awareness Under $90 Million Contract
YFQ-42A Dark Merlin Resumes Flight Tests for CCA Program

Congress Updates

Navy/USMC

HASC Looks To Restrict USV Deliveries Without Navy CONOPS And Strategy

The House Armed Services Committee’s (HASC) fiscal year 2027 defense policy draft bill aims to restrict the Navy’s use of unmanned surface vessels (USV) until it decides on key factors […]

Congress

Gaps In Army’s Tactical Counter-Drone Capabilities Remain Concern Of HASC

A draft defense policy bill released this week says the Army is fielding counter-drone capabilities for defense of fixed sites and maneuver forces but suggests that troops at the lowest […]

Army

HASC Wants Closer Look At Army’s SBMC Program, Cites Avoiding Past IVAS Missteps

The House Armed Services Committee (HASC) wants a closer look at the Army’s Soldier Borne Mission Command (SBMC) effort, citing support for the development program while expressing caution to avoid […]

Navy/USMC

HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

The House Armed Services Committee (HASC) chairman’s mark of the fiscal year 2027 defense authorization act, released May 26, largely approved the Navy’s shipbuilding request, but it added funds to […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume