Boeing announced it will record $915 million-$1.1 billion in charges in the second quarter related to delays in its Airborne Early Warning & Control surveillance program for Australia and Turkey and a previously announced settlement with the US Justice Dept. from criminal cases involving its hiring of a former Air Force weapons purchaser and its acquisition of proprietary information belonging to Lockheed Martin. Reuters reported that the charges likely will wipe out the company's ...

Subscribe to Access this Entire Article

"Boeing to take $1 billion second-quarter hit" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.