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Boeing posts $3.3B loss on costs tied to defense programs

Por: Associated Press Business October 26, 2022

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Boeing reported a surprising $3.3 billion loss for the third quarter Wednesday, as revenue fell short of expectations and it took huge losses for fixed-cost government programs including new Air Force One presidential jets.The company blamed higher manufacturing and supply-chain costs for driving the losses in government programs.CEO David Calhoun said Boeing remains in a “challenging environment” and has “more work ahead to drive... + full article



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