Boeing Spare-Part Pricing Faces Scrutiny by Lawmakers
Boeing (NYSE: BA) is facing scrutiny from lawmakers over the price of spare parts for its KC-46 tankers, with some government officials reportedly concerned that the defense giant is trying to recover some of the plane's development costs by overcharging for spares.
The KC-46 has long been an albatross for Boeing, with the company forced to swallow billions in cost overages during the development phase. But the plane is finally flying, and is scheduled to enter service with Japan later this year.
A Boeing KC-46 refuels an F-16. Image source: Boeing.
Source Fool.com