Boeing Co. said Tuesday it expects to take a charge of $1 billion in the third quarter because of higher costs in its 747-8 program and market conditions.
Last year, the company said it was delaying deliveries of the 747-8 freighter and passenger jets due to design changes, limited engineering resources and a strike that shut down the company's commercial jet factories for eight weeks.
In August, the Chicago-based company said it would book a $2.5 billion charge related to development of its 787 Dreamliner. That program also has seen production costs soar.
Boeing said it will update its 2009 forecast on Oct. 21 when it reports its third-quarter results.
Last year, the company said it was delaying deliveries of the 747-8 freighter and passenger jets due to design changes, limited engineering resources and a strike that shut down the company's commercial jet factories for eight weeks.
In August, the Chicago-based company said it would book a $2.5 billion charge related to development of its 787 Dreamliner. That program also has seen production costs soar.
Boeing said it will update its 2009 forecast on Oct. 21 when it reports its third-quarter results.
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