You are here: Home » Reuters » News
Business Standard

U.S. Air Force to accept KC-46 air tanker - source

Reuters  |  WASHINGTON 

(Reuters) - The is set to announce on Thursday that it will accept delivery of the long-delayed air tanker, a source familiar with the matter told

Delivery means could now begin to reverse what has been a steady stream of financial losses related to the program, and a major for the world's largest maker.

The currently plans to buy a total of 179 of the tankers, and could receive them at a pace of about three jets per month to base in

The delays and fixes for the program has been costly for Boeing, which recorded $176 million in additional charges on the tanker in the third quarter. This brought the total pre-tax cost of the program to more than $3 billion.

shares were up 0.9 percent premarket at $347.

(Reporting by Susan Heavey; additional reporting by Mike Stone; Writing by Nick Zieminski; Editing by and Chizu Nomiyama)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 10 2019. 22:08 IST