Sign In
Search
Business/Financial

Tanker Charge Lowers Second Quarter Earnings At Boeing Despite Surge In Sales

Cal Biesecker By
SHARE:
Tanker Charge Lowers Second Quarter Earnings At Boeing Despite Surge In Sales
Artist rendering of a KC-46A refueling F-35 fighters. Rendering by Boeing

Boeing [BA] on Wednesday reported lower net income in the second quarter, largely as a result of a charge disclosed last week for an Air Force aerial refueling program, but the results handily beat consensus estimates and the company’s sales were strong due to higher commercial aircraft deliveries.The $536 million after-tax charge for the KC-46 tanker program, which Boeing said last Friday would lop 77 cents per share from the bottom line, also resulted in the company reducing its earnings…

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

Congress

House Republicans Block Measure To Impeach Hegseth

Army

Lockheed Tests New GD-Built Rocket Motor For GMLRS, On Track For Qualification In 2027

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Trending

Northrop Grumman Declines To Protest F/A-XX
Bridenstine: First Quantum Space Delivery ‘Will Be Well Ahead’ Of 2031 First Task Order Due Date Under Andromeda
Defense Watch: Marauder, CVN-65, Leidos OTAs, Joby USAF Contract, S-92 to Korea
Executive Branch Decisions on Ukraine Loom, Including New Starshield Contract and F-16 Upgrades
Dems’ Big Night Set To Reshape Top Defense Committee Spots, As Key GOP’ers Knocked Off

Congress Updates

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid.  Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]

Congress

Industry Groups ‘Urge’ Congress To Block Stock Buyback Restriction From Final FY ‘27 NDAA

More than three dozen industry associations on Monday called on congressional defense committee leaders to scrap a provision in the final version of the next National Defense Authorization Act that […]

The Force Multipliers

Force Multipliers

Michael Harrison – SANS Institute

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Job Feed

Post a Job // Post a Resume