Boeing Profit Hit By Tanker Charge

Boeing reported a 33 percent fall in quarterly profit, hurt by a big charge related to its military tanker, and cut its 2015 earnings forecast.

The company earned USD$1.11 billion for the second quarter ended June 30, down from USD$1.65 billion a year earlier.

The company said last week it would take a USD$536 million after-tax charge in the second quarter to account for problems with the fuel system on the KC-46A aerial tanker it is developing for the US Air Force.

Revenue rose 11 percent to USD$24.54 billion.

Commercial aircraft deliveries rose 9 percent to 197.