Boeing takes $565m hit on KC-46 tanker

Boeing lost $565 million on its Air Force KC-46 tanker program in the last quarter of 2025, according to a Thursday earnings call, pushing the company’s total losses on the effort well past $8 billion.The loss on the Pegasus jet led to a $507 million loss for Boeing’s defense and space business in the fourth quarter, and a minus-0.5 percent operating margin for the full year, according to a press release. Boeing’s C-suite officials pointed to rising supply-chain costs and highe