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Boeing's tanker program records $2.31 billion in losses over 3 years
Boeing Co said on Friday it had recorded reach-forward losses of $2.31 billion related to the U.S. Air Force KC-46A aerial refueling tanker over 2016, 2017 and 2018, bringing the total pre-tax cost of the program to $3.6 billion. The world's largest planemaker said in a filing that in 2018, it had recorded reach-forward losses of $736 million on the contract, reflecting higher estimated costs related to certification, flight testing and change incorporation on aircraft, among other things.… (www.yahoo.com) More...
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Thats half a trump wall.
EGAD 2.31 Bazillion? Why for that money you could buy 17 Fup-35's with their 220 round cannons....
Those would most likely be development costs. I would think Boeing will start recovering those costs now that they have finally started delivering the KC-46.
I think Boeing would have had less development costs by placing the Boom Operator under the tail (KC-135 style) rather than the glitzy remote vision and control system. JMHO.
Yes, but if the'd done it the KC-135 style, they couldn't operate the boom from Creech AFB!
