20.07.2015 19:08:00
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Boeing Company (The) -- Moody's: Boeing's Tanker Program Needs More Fuel, A Credit Negative
New York, July 20, 2015 -- Moody's Investors Service said that The Boeing Company's (A2 stable) second major charge in the last year on the KC-46 aerial refueling tanker program does not affect its ratings or the rating outlook for the company, but that it is decidedly a credit negative development, and one that highlights the risks the rating agency has been articulating that are inherent to fixed-price development contracts.