Problems at Boeing IDS Could Bring $1-Billion Earnings Hit

Missteps by Boeing Co.'s Integrated Defense Systems (IDS) unit could add up to a hit of more than $1 billion on the company's next earnings report. Boeing is warning Wall Street that it will take a pre-tax charge on second-quarter earnings of $300-500 million--the exact amount is still being...
Joe Anselmo

Joe Anselmo has been Editorial Director of the Aviation Week Network and Editor-in-Chief of Aviation Week & Space Technology since 2013. Based in Washington, D.C., he directs a team of more than two dozen aerospace journalists across the U.S., Europe and Asia-Pacific.

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