Boeing Risks $700 Million Tanker Overrun, Air Force Says
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Boeing Co. may have to absorb as much as $700 million in cost overruns on the refueling tanker the company is developing for the U.S. Air Force, about $300 million more than previously estimated, according to the service.
Boeing, which is developing the KC-46A tanker using its 767 commercial airliner, is responsible for all costs exceeding the development-stage contract’s $4.9 billion ceiling, the Air Force said.