Arlington, Virginia, January 9, 2024 – The Boeing Company (NYSE: BA) announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2023.
The company will provide detailed fourth-quarter financial results on January 31. Major program deliveries during the fourth quarter were as follows:
This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.
ARLINGTON, Virginia, July 11, 2023 /PRNewswire/ – The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2023.
The company will provide detailed second quarter financial results on July 26. Major program deliveries during the second quarter were as follows:
Major Programs
2nd Quarter 2023
Year-to-Date 2023
Commercial Airplanes Programs
737
103
216
747
—
1
767
8
9
777
5
9
787
20
31
Total
136
266
Defense, Space & Security Programs
AH-64 Apache (New)
5
12
AH-64 Apache (Remanufactured)
16
29
CH-47 Chinook (New)
2
7
CH-47 Chinook (Renewed)
3
4
F-15 Models
4
6
F/A-18 Models
6
13
KC-46 Tanker
—
1
P-8 Models
2
5
Commercial and Civil Satellites
—
3
Note: Delivery information is not considered final until quarterly financial results are issued.
Contact Matt Welch Boeing Investor Relations (312) 544-2140
David Dufault Boeing Investor Relations (312) 544-2140
The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2021.
“We continue the work to deliver on our commitments to our commercial, defense, space and services customers, while positioning our business for a stable and strong recovery from the pandemic. In the second quarter, we made progress in safely returning the 737 MAX to service in more international markets and increasing the pace of 737 deliveries,” the company said.
As Boeing has previously shared, the company has been engaged in detailed discussions with the FAA on verification methodology for 787 fuselages, and conducting associated inspections and rework. In connection with these efforts, the company has identified additional rework that will be required on undelivered 787s. Based on our assessment of the time required to complete this work, Boeing is reprioritizing production resources for a few weeks to support the inspection and rework. As that work is performed, the 787 production rate will temporarily be lower than five per month and will gradually return to that rate. Boeing now expects to deliver fewer than half of the 787s currently in inventory this year.
“We will continue to take the necessary time to ensure Boeing airplanes meet the highest quality prior to delivery. Across the enterprise, our teams remain focused on safety and integrity as we drive stability, first-time quality and productivity in our operations,” the company added.
Major program deliveries during the second quarter were as follows:
Major Programs
2nd Quarter 2021
Year-to- Date 2021
Commercial Airplanes Programs
737
50
113
747
1
2
767
8
13
777
8
14
787
12
14
Total
79
156
Defense, Space & Security Programs
AH-64 Apache (New)
6
15
AH-64 Apache (Remanufactured)
16
31
CH-47 Chinook (New)
3
6
CH-47 Chinook (Renewed)
1
4
F-15 Models
5
8
F/A-18 Models
7
11
KC-46 Tanker
2
4
P-8 Models
3
6
Commercial and Civil Satellites
—
—
Military Satellites
—
—
Note: Delivery information is not considered final until quarterly financial results are issued.
The U.S. Navy recently awarded Boeing [NYSA: BA] a Foreign Military Sales (FMS) contract, valued at $109 million, to provide P-8A Poseidon training for the Royal New Zealand Air Force (RNZAF). A suite of training systems and courseware will prepare RNZAF aircrew and maintainers to safely and effectively operate and maintain the world’s premier maritime patrol and reconnaissance aircraft for decades to come.
Boeing’s holistic P-8 training system will enable the RNZAF to conduct up to 70 percent of all Poseidon-related training in a simulated environment. As part of the contract, Boeing will provide:
Operational Flight Trainer (OFT) – Full-motion simulator incorporates all P-8 unique displays and switches.
Weapons Tactics Trainer– Simulates mission systems and tactical operations, and when coupled with the OFT, forms a Weapons Systems Trainer that enables multi-crew, high-fidelity mission rehearsal training in the same simulated environment.
Virtual MaintenanceTrainer – Enables training of maintenance professionals to properly perform maintenance tasks and procedures on the P-8A aircraft.
Scenario Generation Station – Creates custom scenarios for mission training.
Brief/Debrief Station – Provides post-mission analysis and playback.
In addition, Boeing’s Electronic Classroom will give RNZAF instructors and students access to courseware and testing capabilities. Boeing also will provide initial Instructor Cadre Training to a group of RNZAF instructors, enabling them to continue training additional RNZAF P-8A instructors and aircrews following delivery of the training system in early 2024.
“This holistic training system will enable aircrew to safely train for all aspects of flying and maintaining the P-8A Poseidon,” said Tonya Noble, director of International Defense Training for Boeing. “We look forward to bringing these training capabilities in-country and working alongside the RNZAF to ensure readiness of aircrew and maintenance personnel.”
All training will be conducted in Ohakea, New Zealand. In March 2020, the RNZAF acquired four P-8A Poseidon aircraft through the U.S. Navy FMS process, with expected delivery beginning in 2023. New Zealand is one of seven nations operating the P-8.
Boeing is the world’s largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. As a top U.S. exporter, the company supports commercial and government customers in more than 150 countries, leveraging the talents of a global supplier base. Building on a legacy of aerospace leadership, Boeing continues to lead in technology and innovation, deliver for its customers and invest in its people and future growth.
The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the third quarter of 2020.
“We continue to work closely with our customers around the globe, understanding their near-term and longer term fleet needs, aligning supply and demand while navigating the significant impact this global pandemic continues to have on our industry,” said Greg Smith, Boeing executive vice president of Enterprise Operations and chief financial officer. “We’re taking actions to resize, reshape and transform our business to preserve liquidity, adapt to the new market reality and ensure that we deliver the highest standards of safety and quality as we position our company to be more resilient for the long term. Our diverse portfolio, including our government services, defense and space programs, continues to provide some stability as we adapt and rebuild stronger for the other side of the pandemic.”
Major program deliveries during the third quarter were as follows:
The Northrop Grumman unmanned aircraft system MQ-4C Triton has been deployed to the Pacific for the first time.
The deployment of the platform will give the US Navy greater maritime intelligence, surveillance and reconnaissance data to inform critical decision making in one of the most strategically important regions in the world.
Unmanned Patrol Squadron One Nine, or VUP-19, will operate out of Guam as part of Task Force (CTF) 72, 7th Fleet, and is the first squadron to operate the MQ-4C.
VUP-19, nicknamed the ‘Big Red’, was established on October 1, 2013, and later commissioned on October 28 2016.
Getting unmanned systems out in front of manned aircraft and ships in the Pacific is one of the US Navy’s highest priorities.
This is in response to the emergence of China as it has expanded and reinforced its integrated web of sophisticated anti-access/area-denial capabilities in the South China Sea.
Doug Shaffer, Vice President and Program Manager of Triton program at Northrop Grumman, said the deployment was a significant milestone in the MQ-4C Triton program.
“Our partnership with the US Navy has been crucial in developing this system that will help commanders build a better common operational picture,” he said.
Triton’s ability to fly at high altitude and remain airborne in excess of 24 hours allows commanders to surveil a larger maritime area than ever before.
Designed to operate in a manned-unmanned teaming concept, Triton provides viability over massive swaths of ocean and littoral areas, enabling manned aircraft such as the US Navy’s P-8 Poseidon to focus on anti-surface and anti-sub-surface warfare.
The Triton is the US Navy’s newest and most technologically advanced intelligence, surveillance and reconnaissance platform
Its autonomous suite of maritime sensors allows operators to detect, track, classify and identify vessels on the ocean or in the littorals in some of the world’s busiest shipping lanes.
Australia is committed to the purchase of the Triton for the Royal Australian Air Force (RAAF), with the prospect of six aircraft to be added to the RAAF’s inventory as part of the AIR7000 program.
Designed to operate in conjunction with Australia’s planned fleet of 12 manned P-8A Poseidon maritime patrol and anti-submarine aircraft, the Tritons will provide a quantum leap in the nation’s surveillance and reconnaissance capabilities.
The first of the RAAF’s Triton aircraft is expected to be introduced into service in mid-2023, with all six aircraft to be delivered and in operation by late 2025, based at RAAF Edinburgh, South Australia.
The RAAF investment in the Triton program is $1.4 billion.
The facilities and crew required to operate, train and maintain the fleet will be part of the initial $1.4 billion investment, which includes $364 million on new facilities at RAAF Bases Edinburgh and Tindal (in Northern Territory).
AVALON,
Australia (Reuters) – Boeing Co on Wednesday unveiled an unmanned,
fighter-like jet developed in Australia and designed to fly alongside
crewed aircraft in combat for a fraction of the cost.
The
U.S. manufacturer hopes to sell the multi-role aircraft, which is 38
feet long (11.6 metres) and has a 2,000 nautical mile (3,704 kilometre)
range, to customers around the world, modifying it as requested.
The
prototype is Australia’s first domestically developed combat aircraft
since World War II and Boeing’s biggest investment in unmanned systems
outside the United States, although the company declined to specify the
dollar amount.
The
Australian government is investing A$40 million ($28.75 million) in the
prototype programme due to its “enormous capability for exports,”
Minister for Defence Christopher Pyne told reporters at the Australian
International Airshow.
Defence
contractors are investing increasingly in autonomous technology as
militaries around the world look for a cheaper and safer way to maximise
their resources.
Boeing rivals like Lockheed Martin Corp and Kratos Defence and Security Solutions Inc are also investing in such aircraft.
Four
to six of the new aircraft, called the Boeing Airpower Teaming System,
can fly alongside a F/A-18E/F Super Hornet, said Shane Arnott, director
of Boeing research and prototype arm Phantom Works International.
“To
bring that extra component and the advantage of unmanned capability,
you can accept a higher level of risk,” he said. “It is better for one
of these to take a hit than for a manned platform.”
The
Mitchell Institute for Aerospace Studies in the United States said last
year that the U.S. Air Force should explore pairing crewed and uncrewed
aircraft to expand its fleet and complement a limited number of
“exquisite, expensive, but highly potent fifth-generation aircraft” like
the F-35.
“Human
performance factors are a major driver behind current aerial combat
practices,” the policy paper said. “Humans can only pull a certain
number of G’s, fly for a certain number of hours, or process a certain
amount of information at a given time.”
MULTI-MISSION CAPABILITIES
In
addition to performing like a fighter jet, other roles for the Boeing
system include electronic warfare, intelligence, surveillance and
reconnaissance alongside aircraft like the P-8 Poseidon and E-7
Wedgetail, said Kristin Robertson, vice president and general manager of
Boeing Autonomous Systems.
“It
is operationally very flexible, modular, multi-mission,” she said. “It
is a very disruptive price point. Fighter-like capability at a fraction
of the cost.”
Robertson declined to comment on the cost, saying that it would depend on the configuration chosen by individual customers.
The
jet is powered by a derivative of a commercially available engine, uses
standard runways for take-off and landing, and can be modified for
carrier operations at sea, Robertson said. She declined to specify
whether it could reach supersonic speeds, common for modern fighter
aircraft.
Its
first flight is expected in 2020, with Boeing and the Australian
government producing a concept demonstrator to pave the way for full
production.
“I
would say we are some years away from exports, we are probably years
away from it being in operation here in Australia,” Pyne said. “It is
designed to be a cheaper platform, a shield if you like around the more
expensive platforms, to protect our servicemen and women who might be on
a Poseidon or a Wedgetail or a F-35A.”
Australia,
a staunch U.S. ally, is home to Boeing’s largest footprint outside the
United States and has vast airspace with relatively low traffic for
flight testing.
The
Boeing Airpower Teaming System will be manufactured in Australia, but
production lines could be set up in other countries depending on sales,
Arnott said.
The United States, which has the world’s biggest military budget, would be among the natural customers for the product.
The
U.S. Air Force 2030 project foresees the Lockheed Martin F-35A Joint
Strike Fighter working together with stealthy combat drones, called the
“Loyal Wingman” concept, said Derrick Maple, principal analyst for
unmanned systems at IHS Markit.
“The
U.S. has more specific plans for the wingman concept, but Western
Europe will likely develop their requirements in parallel, to abate the
capabilities of China and the Russian Federation and other potential
threats,” he said.
Robertson
declined to name potential customers and would not comment on potential
stealth properties, but said the aircraft had the potential to sell
globally.
“We
didn’t design this as a point solution but a very flexible solution
that we could outfit with payloads, sensors, different mission sets to
complement whatever their fleet is,” she said. “Don’t think of it as a
specific product that is tailored to do only one mission.”
($1 = 1.3914 Australian dollars)
(Reporting by Jamie Freed; additional reporting by Gerry Doyle; editing by Gerry Doyle)
WASHINGTON (Reuters) – The U.S. State Department on Thursday said it supported the sale of six Boeing Co P-8A Poseidon patrol aircraft to South Korea for an estimated $2.10 billion and had notified Congress of its decision.
South Korea’s military said in June it had picked Boeing to supply the country with maritime patrol aircraft.
South Korea said in February that it would procure from overseas new maritime patrol aircraft with stronger anti-submarine capabilities to better respond to the threat of North Korea’s submarine-launched ballistic missiles.
(Reporting by Lesley Wroughton; Editing by Lisa Shumaker)
A P-8A Poseidon assigned to Patrol Squadron (VP) 16 is seen in flight over Jacksonville, Fla. (U.S Navy photo by Personnel Specialist 1st Class Anthony Petry)