The Department of Defense announced 16 new defense contracts worth a combined $712.1 million on Tuesday. Boeing won two of them. The larger of the two awards, worth $82 million, is a delivery order under an existing contract to provide "integrated fleet support" for U.S. Air Force C-32A and C-40B/C transport aircraft, and will run through Dec. 3, 2014.The smaller award, worth $70 million, consists of a fixed price contract to supply U.S. Navy and other customers with:
12 encapsulated Harpoon all-up round tactical anti-ship missiles.
Five Harpoon Grade B exercise missiles.
Two encapsulated Harpoon certification training vehicles and shipping containers.
100 Harpoon improved fuse booster kits.
50 Harpoon improved fuse kits.
Two Harpoon blast test vehicles.
Associated hardware and containers for the missiles.
Only about 3.4% of these materials will be going to the U.S. Navy. The bulk of the contract is destined for buyers in Australia, Canada, Egypt, Germany, Japan, South Korea, Saudi Arabia, Taiwan, Turkey, and the United Kingdom. Deliveries should be completed
SEATTLE (AP) -- A Boeing executive said Tuesday the company is narrowing its options as it searches for a place to build the 777X passenger plane.
Boeing Commercial Airplanes CEO Ray Conner also told employees in a message that the machinists union's rejection of a new contract proposal that would have the planes built in the Puget Sound area was disappointing.
"It was a rejection, plain and simple, and we now have to turn and face the reality of the union leadership's final decision," Conner said.
Local union leaders have said they didn't see the point of bringing the latest offer to a vote because it was too similar to one that was previously rejected. Of particular concern, union officials balked at Boeing's insistence that workers move from a traditional pension plan to a 401(k)-style retirement plan.
Conner said Boeing has received 777X proposals from 22 states covering 54 sites. The company is looking to narrow its options this week to "a handful" of sites, Conner said.
Boeing has begun narrowing the list of potential state finalists to manufacture its new 777X aircraft after Machinists union leaders rejected new contract terms last week. Boeing hasn’t withdrawn its proposal to its largest union to keep production of the aircraft in its Seattle commercial hub, as District 751 leaders contend, Ray Conner, president and chief executive officer of Boeing’s commercial airplane unit, said today in a message to employees. “It was a rejection plain and simple, and we now have to turn and face the reality of the union leadership’s final decision,” Conner said.
The 787-9 can be built on existing 787-8 lines, They also have potential for more lines once the existing EWC rework has been competed. There are only a few left to be reworked. Some of that space will remain for special but some will be available for other use.
It was 12 degrees this morning here on the cape. Snow started about 2 hours ago. Very light but will increase later this afternoon. It has warmed up to a balmy 25 degrees. 15 squirrels lined up on the deck waiting for daily supply of peanuts. Gotta go feed them. Some of them appear to be plotting an invasion (: ).
A total of 58 have been delivered so far this year.
47 are Everett built. 11 are charleston built.
there are 7 ready for delivery (3 charleston, 4 Everett)
thre are 7 in Prod. test (3 in Charleston, 4 in Everett.)
Delivery is dependent of customer financing.
The Department of Defense announced 13 new defense contracts worth a combined $1.12 billion Monday. Of these, the largest award by far went to the Boeing and Lockheed Martin joint venture known as "United Launch Services LLC." United Launch Services was awarded a sole-source, $530.8 million firm-fixed-price contract modification Monday, representing nearly half the funds authorized in the day's contracts. These funds will pay for "launch vehicle production services" from fiscal 2014 to 2017. Additional options for additional space launches from fiscal 2015 through fiscal 2019 are also attached to this contract and may be exercised at a later date -- increasing the contract's value further. United Launch Services will be supplying launch vehicles of the following types: Air Force Atlas V 501, Air Force Atlas V 511, Air Force Delta IV 4,2, Air Force Delta IV 5,4, and a National Reconnaissance Organization Delta IV Heavy. Unless extended, this contract will run through Q2 2018.
final assembly = 4 in Charleston, 7 in Everett.
Preflight prep = 2 in Charleston, 5 in Everett.
Prod. Flt test = 3 in Charleston, 4 in Everett.
Ready for Deliv.= 3 in Charleston, 4 in Everett.
CHICAGO, Dec. 16, 2013 /PRNewswire/ -- Boeing [NYSE: BA] Chairman, President and Chief Executive Jim McNerney announced today that the Boeing board of directors authorized an additional $10 billion for the company's share repurchase plan and declared that the company's regular quarterly dividend will increase by approximately 50 percent to 73 cents per share.
"These actions reflect sustained, strong operational performance by our businesses, increasing cash flow, and our confidence in the future," said McNerney. "Our team's relentless focus on business execution and competitiveness is providing the financial strength to continue investing in our core businesses while increasing our returns to shareholders."
The $10 billion repurchase authorization approved today is in addition to the approximately $0.8 billion remaining from the 2007 stock repurchase authorization. Repurchase activity for 2013 is complete and is expected to resume in January 2014.
SEATTLE (AP) -- Some machinists in Puget Sound plan to rally in favor of a Boeing contract vote, a union member said Monday, escalating tensions over the handling of negotiations tied to the new 777X passenger airplane.
Mechanic Paul Fritzler said there is growing fear among workers that Boeing is prepared to send the work — and likely thousands of jobs — to another state as a way to save money.
Many workers want a chance to vote on Boeing's latest offer, even though union leaders have said the contract is too similar to one rejected last month, Fritzler said. Federal, state and local political leaders also have called for a vote
Boeing has delivered 17 787's so far this quarter. The number of ready for delivery 787's has been steady
for awhile (5-6). Charleston fuselage is not an issue for this year, They already have 4 planes in final assembly and 3 in flight test. And the fuselage issue may impact line loading in Q1 but not assembly.
They will use OT to stay on schedule. Everett has 8 787's in final assembly and 5 in flight test with 3 more in pre-flight test. So things are going well. You dont see lines of planes sitting around gathering dust. as long as the customers can continue getting financing for the planes, deliveries will continue to grow.
An aerospace supplier in Orangeburg will figure in the production of Boeing’s 737 MAX airplane.
The Chicago-based aerospace giant has selected GKN Aerospace in England to produce winglets for the new single-aisle aircraft. Final assembly of the advanced technology part will occur at GKN’s plant in Orangeburg, according to a Boeing statement.