Boeing’s tanker losses top $7 billion

Boeing reported a $245 million charge on the KC-46A Pegasus tanker in the first quarter of 2023

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due to a supplier’s quality issues

The penalty means the KC-46 has now racked up more than $7 billion in charges

 and follow a $1.2 billion hit the company 

The KC-46′s charge brought Boeing Defense

Space and Security into the red for the quarter

 with the unit reporting a loss of $212 million

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 the outlook for Boeing’s defense unit showed signs

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Boeing also trimmed its overall losses in the quarter by about $1 billion

src:wallpapercave

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