Boeing Shares Dive 6.56% Amid KC-46A Tanker Turbulence and Structural Setbacks
1min read The recent performance of Boeing's stock has drawn considerable attention as its shares dropped 6.56% on March 4, marking a continuous two-day decline, with an overall decrease of 9.01% over this period. This drop coincides with troubling news about the KC-46A tanker aircraft, a key project for the company.
According to reports, structural cracks have been discovered on two KC-46A refueling planes that were scheduled for delivery to the U.S. Air Force. The cracks are not located on flight-critical surfaces or hinges, but rather in primary or secondary structures. In response, the Air Force has initiated inspections across its entire fleet of 89 KC-46A aircraft and halted further deliveries until the issues are addressed. Boeing is working closely with its client to assess these potential problems and seek solutions to mitigate any impact on both existing and in-production aircraft.
The KC-46 is an advanced tanker developed by Boeing to replace the aging KC-135 and the McDonnell Douglas KC-10 aircraft. Based on the Boeing 767 platform, the KC-46 features several new control and refueling systems. However, its development has faced numerous challenges. The initial delivery of the aircraft was expected in August 2017 but was repeatedly postponed due to various technical issues. Boeing eventually began rolling out the tankers in January 2019, almost two years behind schedule, yet not without setbacks. The U.S. Air Force has previously rejected deliveries due to foreign object debris found in the aircraft, among other issues.
Since its initial deployment, the KC-46 has encountered several significant problems, including incidents of cargo floor lock disengagements leading to a ban on cargo and personnel transport. Additionally, flaws in its boom control system have been reported, which might potentially damage the paint on receiving aircraft, affecting the stealth capabilities of the F-22 and F-35 fighters.
Despite these hurdles, Boeing remains committed to rectifying the KC-46's issues and fulfilling its obligations to the U.S. Air Force. The company recognizes the critical importance of addressing these challenges to ensure the tanker's role as a fundamental component of aerial refueling operations and strategic air power projection.
