Boeing Takes Fresh Hit From Delayed Air Force One Program

Boeing reported a larger-than-expected second-quarter loss after additional costs tied to the delayed Air Force One program weighed on its financial results, according to CNBC.

The report said Boeing recorded a $280 million charge on the project to deliver two next-generation Air Force One aircraft to the U.S. government, although the company still expects the first aircraft to be delivered in 2028.

According to CNBC, Boeing benefited from stronger commercial aircraft production, delivering 171 airplanes during the quarter, up 14% from a year earlier. The company also generated $631 million in free cash flow, outperforming Wall Street expectations.

The report said CEO Kelly Ortberg remains focused on improving safety, quality and production while advancing delayed aircraft certification programs, including the 737 Max 7, 737 Max 10 and the 777X.

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Boeing posts bigger loss than expected as Air Force One costs weigh on results https://t.co/kqqTMCZx1E

— CNBC (@CNBC) July 28, 2026

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tippinsightsTIPP Staff