Boeing losses in KC-46A programme continue to rise

Boeing recorded a $736 million reach-forward loss in 2018 on its KC-46A Pegasus tanker, bringing the programme’s total losses to nearly $3.6 billion. The programme’s losses in 2018 primarily reflected higher estimated costs associated with “certification, testing and change incorporation on aircraft,” as well as a greater than expected effort to meet the US Air Force’s requirements in order for initial aircraft to be accepted, Boeing said in its 2018 financial filing with the Securities and Exc

See the full article at stlbeacon.org