Boeing hit with fresh $245 million KC-46A charge, erasing defense sector's Q1 profits
The troubled tanker’s charges are now up to over $7 billion as Boeing wrestles to get its fixed-price development contracts on track.
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The troubled tanker’s charges are now up to over $7 billion as Boeing wrestles to get its fixed-price development contracts on track.
"I can tell you, this is going to get re-litigated in the committee and on the floor. And I just want to make sure people have the full scope of information to make the decision," said Wittman on the F-35's next engine.
By George Landrith, President, Frontiers of Freedom • Newsmax The KC-46s are new tankers, and are the most high-tech and capable globally. The U.S. Air Force is continuing to add new high-tech refueling tankers to its fleet, for the purpose of replacing aging Eisenhower-era KC-135s. Ongoing research and development enable frequent upgrades to the aircraft, ensuring its superiority for decades to come. Tankers may not make headlines, but they’re vital force multipliers. Tankers perform mid-air refueling, allowing warfighting aircraft in our arsenal to fly farther...
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