Article 65BQP Air Force One Deal Has Cost Boeing Another $766 Million

Air Force One Deal Has Cost Boeing Another $766 Million

by
msmash
from Slashdot on (#65BQP)
schwit1 shares a report: Boeing lost $766 million in Q3 on the project to build Air Force One aircraft. It increases Boeing's total losses on the two jets to $1.9 billion since the build began. Boeing bears the cost of any delays under a deal struck with the Trump Administration. schwit1 adds some commentary: "All government contracts should be like this. Cost savings are yours to keep. Cost overruns are yours to eat."

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