Sign In
Search
Business/Financial

Charge On 777X Commercial Aircraft Dings Boeing’s Earnings And KC-46 Program

Cal Biesecker By
SHARE:
Charge On 777X Commercial Aircraft Dings Boeing’s Earnings And KC-46 Program
A New Hampshire Air National Guard KC-46A Pegasus refuels five Marine Corp’s F/A-18D Hornets with the Marine All-Weather Fighter Attack Squadron 242, as the fighters returned home to Marine Corps Air Station Yuma, Ariz. from MCAS Iwakuni, Japan on Sept. 10, 2020, over the Pacific Ocean--the first official transoceanic coronet mission accomplished with a Pegaus refueler. The coronet involved 16 aerial refuelings of the fighters (U.S. Air Force Photo)

Boeing [BA] on Wednesday reported narrower losses in its third quarter despite a hefty charge related to the 777X commercial aircraft, while the company’s defense segment continued to show signs of improvement with strong top and bottom-line gains. A delay in the 777X program that led to the charge rippled through to the Air Force KC-46A aerial refueling tanker, which is based on the 767 commercial airframe. Jay Malave, Boeing’s new chief financial officer, said the tanker program “absorbs additional…

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

Air Force To Host Classified Industry Day For Standoff Attack Weapon

Air Force

Air Force Awards BlackSky $99 Million To Large Aperture Optical Payload For Space-Based Imaging

Air Force

Space Systems Command Conducts VICTUS DIEM Tactically Responsive Space Exercise

Air Force

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Trending

Space Force Requests More Than $8 Billion For Space-Based AMTI
Air Force To Host Classified Industry Day For Standoff Attack Weapon
Army Budget Request Appears To Forego Black Hawk, Apache Procurement In FY ‘27
Defense Watch: Unhappy Dem, Hypersonic Test, More Army Ousters, DDG Launch
USAF Requests $5 Billion for F-47 In FY ’27, $1.5 Billion Increase

Congress Updates

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume