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Friday, June 30, 2006

Boeing warns of more than $1bn charges
Delays in Boeing's 737 Airborne Early Warning & Control program will cost the company between $300m-$500m.

Boeing's chief executive, James McNerney, refused to comment on whether the delay could affect the company's chances in South Korea's competition.

Sources

Boeing warns of more than $1bn charges

Boeing to Take Charges in Second Quarter for Airborne Surveillance Program and Previously Disclosed Tentative Legal Settlement

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