Boeing Records $2.31 Billion Reach-Forward Losses On Tanker Program Over 3 Years

www.oann.com | 8/14/2018 | Staff
moemajor (Posted by) Level 3
(Reuters) – Boeing said on Friday it had recorded reach-forward losses of $2.31 billion related to the U.S. Air Force KC-46A tanker program over 2016, 2017 and 2018.

The planemaker said in a filing that in 2018, it had recorded reach-forward losses of $736 million on the contract, reflecting higher estimated costs...
(Excerpt) Read more at: www.oann.com
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