After more than $5bn in losses, can KC-46A become profitable?
By Garrett Reim2021-02-15T01:43:00+00:00 In late October 2020, the Boeing KC-46A Pegasus in-flight refuelling tanker programme reported a $67 million loss due to coronavirus disruptions and production inefficiencies in the third quarter. It was the latest loss in a long series of financial charges in the troubled tanker programme’s short history. Yet, Boeing chief executive David Calhoun saw reasons for optimism. “The tanker has been a drag on us for like three or four years in every way you can think of with respect to investors, but we are beginning to clear the hurdle with our customer...