Tag: Boeing Earnings
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Boeing Takes $280M Air Force One Hit As Quarterly Loss Misses Expectations Despite Stronger Aircraft Deliveries
Boeing reported a wider-than-expected second-quarter loss after taking a $280 million charge on its long-delayed Air Force One program, highlighting the ongoing challenges of one of its most high-profile government contracts. The aerospace giant posted an adjusted loss of 76 cents per share, significantly worse than Wall Street’s expectation of a 30-cent loss. However, revenue…
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