The fixed price contracts this focuses on are an issue, but this is largely a consequence of Boeing's inability to execute over the past 20ish years across all

The fixed price contracts this focuses on are an issue, but this is largely a consequence of Boeing's inability to execute over the past 20ish years across all their work. Fixed price contracts have screwed a number of programs the last few years (higher than anticipated inflation rates increase both labor and material costs). But these programs weren't failing because of the recent high inflation (2021-2023: 4.7%, 8%, and 4.1% respectively). Boeing was failing long before that, with the fixed price + inflation being just one more nail in the coffin. --------EDIT-------- https://en.wikipedia.org/wiki/Boeing_KC-46_Pegasus https://en.wikipedia.org/wiki/Boeing_KC-46_Pegasus This is one of the programs discussed in the article. It delivered years late. It had serious design flaws and other deficiencies that required redesigning and reworking systems. Most of this happened last decade (2010s). Their fixed price contracts aren't the reason it's costing them money today. It's costing them money today because they were so late to deliver. Many of their programs suffer similarly.