Why The Air Force’s Latest Flight Plan For Its KC-46 Tankers Looks Likely To Finally Deliver Success [Forbes]
Boeing Company (The) (BA)
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Source: Forbes
It is now nearly 20 years since the U.S. Air Force decided it needed to replace its aging fleet of aerial refueling tankers, and settled on a modified version of the Boeing 767 jetliner as the logical solution. At the time, most of the tankers in the fleet were already over 35 years old.What followed was one of the most Byzantine, convoluted stories in the history of military acquisition. First the Air Force tried to lease 100 of the planes from Boeing. Then it was forced by Congress to conduct a competition which derailed and had to be rerun. Then it encountered major delays in fielding the plane it selected.The good news is that in the end, it got what looks to be the most capable and efficient aerial refueler ever built. It began accepting that plane, the KC-46 Pegasus, at air bases in Kansas, Oklahoma and New Hampshire last year. As originally planned, Pegasus is based on the 767 airframe built by Boeing (a contributor to my think tank).The bad news is that most of the tankers in
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website