Boeing CFO Says Defense Unit Booked Additional Charges Worth $136M On Fixed Price Programs Driven Mostly By MQ-25 Drone
Portfolio Pulse from Benzinga Newsdesk
Boeing's CFO announced during an investor call that the defense unit has booked additional charges worth $136M on fixed price programs, primarily driven by the MQ-25 drone.
October 25, 2023 | 2:52 pm
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Boeing's defense unit has incurred additional charges of $136M, largely due to the MQ-25 drone. This could potentially impact the company's financial performance.
The additional charges of $136M booked by Boeing's defense unit, primarily due to the MQ-25 drone, could negatively impact the company's financial performance in the short term. This could potentially lead to a decrease in the company's stock price.
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