Is Boeing’s KC-46 tanker program in trouble?

The Boeing Co.’s KC-46 refueling tanker program could face some tough times ahead.

After a prolonged battle to win a $35 billion deal supplying the U.S. Air Force with tankers, Boeing could see its tanker program axed by the government as part of spending cuts that will take place if Congress doesn’t act on a new budget before the year’s end. Politico outlined the government’s cuts, also referred to as sequestration, in this story from Friday, which also links to the White House report.

Former Defense Secretary Robert Gates called the cuts “managerial cowardice” in this Aviation Week post.

AOL Defense reported today that Boeing’s tanker program also is significantly burning through funding reserves.

In other Boeing news:

Last week, the Pentagon raised concerns over Boeing’s decision to move its Air Force One maintenance program from Wichita, Kan., to San Antonio, Texas. On Monday, the Wichita Eagle reported that Boeing plans again to offer workers at its defense site there jobs in San Antonio. Earlier this year, Boeing announced its intention to close the Wichita facility next year.

More in Business

Newest must-try eatery: 85°C Bakery Cafe in Lynnwood

The popular bakery, part of a Taiwan-based chain, is already drawing out-the-door crowds.

Trudeau: Canada could stop dealing with Boeing over dispute

Boeing had petitioned the U.S. to investigate government subsidies of Bombardier’s CSeries aircraft.

Toys ‘R’ Us files for bankruptcy but keeps stores open

Retailers of all kinds are struggling. Toys ‘R’ Us is among at least 18 other bankruptcies this year.

Marysville-Arlington fiber-optic link planned by Comcast

The high-speed internet line, to be ready next year, is seen as a boost for business development.

‘Cheese that was grass 24 hours ago’ wins a farm accolades

Ferndale Farmstead specializes in authentic Italian cheeses — made with with American milk.

Snohomish County Business Licenses

PLEASE NOTE: Business license information is obtained monthly from the Washington Secretary… Continue reading

Coastal Community adds business relationship manager

Coastal Community Bank has hired Corbin Resseguie as a business relationship manager… Continue reading

Operation School Bell celebrates 52 years of service

On Sept. 20, Operation School Bell celebrates 52 years of service. Operated… Continue reading

Aerospace supplier MTorres consolidates into Everett site

Aerospace supplier MTorres has relocated into a 60,000 square-foot building in southwest… Continue reading

Most Read