BUSINESSBREAKING DEFENSE
Boeing’s Air Force One replacement racks up $280M charge
Boeing incurred a $280 million charge for its Air Force One replacement project. CEO Kelly Ortberg stated the company is investing to maintain the 2028 delivery commitment despite the financial setback.
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- Boeing posts bigger loss than expected as Air Force One costs weigh on results
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- Air Force One refurbishment costs weigh on Boeing results
- Boeing CEO says company still needs 'a couple more years' to repair finances before new jet