Boeing has already amassed $2.6 billion of reach-forward losses on the $3.9 billion fixed-price VC-25B contract as of Q2 2024 ...

Hefty cost overruns continue for Boeing ’s Defense and Space business as the company has announced another $1.7 billion in ...

With Donald Trump swearing-in on Monday as the next President of the US, the "Air Force One" title will be upon any Air Force ...

The company on 23 January disclosed preliminary 2024 financial results, saying its fourth-quarter loss reflects charges of ...

The Air Force office responsible for the acquisition of the VC-25B fleet (more commonly known as the next Air Force One) recently changed its name from the Presidential Airlift Recapitalization ...

Boeing is likely to take a "large" 2Q charge for the latest delay in its VC-25B program to convert two jumbos to serve as the future Air Force One, says TD Cowen. Boeing has already taken $2.4B in ...

The new charges come after the aerospace giant’s defense unit in the third quarter logged a $2 billion pre-tax loss, prompting Ortberg at the time to call for the company to pivot back to prior ...

Boeing’s defense business faced another tough quarter, with a projected loss of $1.7 billion when it reports its fourth-quarter earnings next week—bringing total losses for the sector to nearly $5 ...