Thought so.
MQ-25s, even a stretched-wing version, are a little too small to refuel Cheyennes efficiently. If I've ground the numbers correctly, the V-280 carries about 8000lbs of fuel in grunt-transport mode (and I'm assuming that the Cheyenne will be similar). So the ideal Army tanker needs to offload ~30klbs (+-5) at whatever range the magic numbers happen to be.
Ideally, a tanker should service only 4 in one session to keep mission delay time low and not wasting fuel for the whole group waiting for the last one to finish. Then loiter for the next group or for the exfill return part of the mission before returning. Assuming cruise speed on both sides are roughly similar. This would give a ratio of 1 tanker to 4 needy aircraft and no extra ones needed other than the spares.
If the refueling speed of the tanker is more or less the same as the cruise speed of the receiver and you're willing to risk the tanker a bit, you might be able to refuel more per tanker.
But yeah, I'm thinking that operationally people will want the tanker orbiting instead of accompanying.
However, if your tanker can refuel two birds at a time, that helps. That would, in theory, allow a single tanker to handle up to 8 birds, 2 flights/platoons.
This is suggesting an aircraft about twice the size of the MQ-25 (or at least with twice the offload), with two very widely spaced drogues so that it can refuel two birds at a time. ~100-150ft span between the drogues,
and with the drogues not at the wingtips.
Imho all future tankers should all be blended wing designs.
My only concern is really when the Tanker is expected to haul other stuff with it, like if there's a fighter drag across the ocean they might also be hauling ground crew in the tanker to take care of the birds at the receiving airfield.
Pure tanker? BWB or even flying wing, all the way!
Tanker + people hauling? I'm still not sold on hauling people in a BWB.