Air Force One Deal Has Cost Boeing Another $766 Million

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.”

Read more of this story at Slashdot.



Source: Slashdot – Air Force One Deal Has Cost Boeing Another 6 Million