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Boeing Posts Bigger-Than-Expected Loss as Air Force One Program Takes $280M Charge

2026-07-28 11:36:13

BA3.76%

According to CNBC, Boeing reported a bigger-than-expected loss in the second quarter, with the long-delayed Air Force One program taking a $280 million charge as the aircraft manufacturer ramped up investment for the project. The company's adjusted loss per share reached 76 cents versus an expected loss of 30 cents, while revenue came in at $24.56 billion, slightly above the $24.25 billion forecast. Boeing expects the first Air Force One delivery in 2028.

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