The cascade of problems with the plane, which Boeing called low risk and promised to deliver 18 combat-ready aircraft in 2017, is unlikely to deliver planes ready for war for several more years, Gen. Maryanne Miller, the head of Air Mobility Command, made clear today.

There was more bad news for Boeing today, even after the company announced it lost $5 billion due to civilian airliner crashes. This time, the hit came on the defense side of the house.

The Air Force is once again accepting deliveries of the troubled tankers — but the service’s acquisition chief warned Boeing must get its act in order ASAP.

WASHINGTON: While the Air Force accepted delivery of the first KC-46 today, Boeing could face a total of $4.5 billion in cost overruns and withheld payments on the initial $4.9 billion contract for 52 KC-46 airborne tankers, depending on what happens as the company tries to fix the plane’s Remote Vision System. How does that… Keep reading →