Boeing Plans Big Accounting Charge — Fortune

(Reuters) – Boeing said on Thursday it will take more than $2 billion in accounting charges related to the 787, 747 and KC-46 tanker aircraft program when it reports second-quarter results on Wednesday. The 787 charge totals $847 million after tax, or $1.33 a share, and stems from two test aircraft that Boeing said were…

via Boeing Plans Big Accounting Charge — Fortune

Talk about South Carolina!