Airline

US Air Force to release up to $924 million to Boeing

  • Share this:
US Air Force to release up to $924 million to Boeing
The US Air Force has recommended the release of as much as $924M in payments to Boeing  that were held back due to problems in the KC-46 air refuelling tanker as part of coronavirus relief, Reuters reports.

The money has been withheld on 33 tankers delivered that have various flaws; the agreement reportedly focuses on the remote vision camera system and will allow for a series of new technical upgrades to cameras, processors and displays on the plane.

The recommendation, which was sent to Air Force contracting officials, is aimed at maintaining the financial health of suppliers to the Department of Defense, and will free up funding for many contractors, not just Boeing.