Cobham takes £160 million charge over Boeing dispute
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LONDON (Reuters) - British engineer Cobham said on Tuesday it would take an additional exceptional charge of 160 million pounds in relation to a dispute with Boeing over an aerial refuelling programme. Cobham, Britain's third biggest defence and aerospace group after Rolls-Royce and BAE Systems, said the charge comprised 86 million pounds relating to the settlement of the above dispute and 74 million pounds relating to additional costs to complete the retained KC-46 contract.The group had..