Boeing To Take Three Charges Totaling $2.05 Billion as Part of Its Second-Quarter Earnings

Jul
22
2016
Boeing

Boeing

Boeing will take three charges encompassing $393 million for the company’s KC-46 re-fueling tankers, $847 million for the 787 Dreamliners, and $814 million for the 747 program.

The charges Boeing will take add up to $2.05 billion total, as part of the company’s second-quarter earnings.

The 747 charge comes as a result of an adjustment in future delivery assumptions, the Dreamliners charge is due to the company’s re-classifying two program planes as R&D planes, and the re-fueling tankers is the fourth charge Boeing has taken on the program.

Marshall Smith

Technology, engineering, and design enthusiast.

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