GAO: Boeing tanker program ‘generally on track’

heraldnet.com - 4/15/2014

Boeing’s development of a new aerial-refueling tanker for the U.S. Air Force is “generally on track,” according to a report from the U.S. Government Accountability Office, as it starts a fast-paced flight testing schedule with little margin for delays or other problems. However, the airplane maker could have to pay for projected cost overruns, which the Air Force estimated to be as much as $787 million, according to the report, which was released last week.

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