Boeing on Tuesday reported a $565 million loss on its KC-46 Pegasus refueling tanker in the fourth quarter of 2025, the latest for a program that has recorded billions in losses over the years. In an earnings call with investors, Boeing chief executive Kelly Ortberg acknowledged the loss is “disappointing,” but said the company is seeing encouraging signs in the aircraft’s operational performance that bode well for the program’s future. “If sustained, [that strong performance] should enable us