CHICAGO, May 2, 2016 /PRNewswire/430pm -- Boeing [NYSE: BA] Chairman, President and Chief Executive Officer Dennis Muilenburg reports that the board of directors today declared a regular quarterly dividend of one dollar and nine cents ($1.09) per share.
The dividend is payable June 3, 2016, to shareholders of record as of May 13, 2016.
Thursday, May 5th, 2016 at 1:21 AM EDT on spacex
SpaceX's Falcon 9 rocket will deliver JCSAT-14, a commercial communications satellite for SKY Perfect JSAT Corporation, to a Geostationary Transfer Orbit (GTO). SKY Perfect JSAT is a leading satellite operator in the Asia-Pacific region and provides high-quality satellite communications to its customers using its fleet of 15 satellites. Following stage separation, the first stage of Falcon 9 will attempt an experimental landing on the droneship barge.
From Machinery Market:
In March last year, Boeing won a $28.5 million contract to convert 25 retired USAF Lockheed Martin F-16 fighters into QF-16 full-scale aerial target (FSAT) drones; it has now won a $34.4 million follow-on order to convert another 30 aircraft.
These aircraft are replacing the air force’s fleet of QF-4 target drones, which are converted McDonnell Douglas F-4 Phantom jet fighters that were phased out of active service in the 1980s. This will bring the QF-16 fleet to 106; it is expected to reach 120 by the end of 2019.
Boeing started converting F-16s into QF-16 FSAT drones in 2010. It strips them down to remove unnecessary parts like the 20mm cannon and the APG-66/68 radar system, and it installs a flight termination system that can destroy the drone if it goes out of control.
Boeing will carry out the work at its Cecil Field facility in Jacksonville, Florida
From Air Transport World:
The Boeing 737 MAX 8 has completed high altitude flight testing in La Paz, Bolivia. Boeing noted the flight test marked the first international trip for its re-engined narrowbody, which began flight testing in January. “The airport’s 13,300-ft. (4,050-m) altitude tested the MAX’s capability to take off and land at high altitudes, which can affect overall airplane performance,” Boeing said.737 MAX program VP and GM Keith Leverkuhn said the aircraft’s CFM International LEAP-1B engines and “other systems performed well, as expected, under extreme conditions.” Boeing said three 737 MAX 8 flight test aircraft have completed more than 100 combined flights so far. A fourth and final flight test aircraft is expected to achieve first flight “in the coming weeks,” Boeing said, adding that “the program remains on track for first delivery [to Southwest Airlines] in the third quarter of 2017.”
The only item in question is the ability to refuel a C-17 but that was reported a long time ago and nothing since so it may no longer be an issue, Boeing still says it will meet the delivery schedule.
From Aircraft testing:
Boeing has added the fourth and final flight test aircraft, a 767-2C, to the KC-46 Pegasus fleet, after a successful first flight on April 25, 2016.
During the 1 hour 40 minute-flight, test pilots performed operational engine checks, flight controls and environmental systems checks, and took the 767-2C to a maximum altitude of 39,000ft prior to landing at Boeing Field, south of Seattle, in Washington, USA.
The 767-2C is a KC-46 without the aerial refueling system installed. This aircraft, known as EMD-3, will be used to conduct environmental control system testing, including hot day/cold day testing and smoke penetration testing.
As part of the contract awarded in 2011 to design and develop the US Air Force’s next-generation tanker, Boeing has built four test aircraft – two are configured as 767-2Cs and two as KC-46 tankers. Eventually, both 767-2Cs will become KC-46 tankers.
EMD-1, the first 767-2C test aircraft, has completed more than 315 flight test hours since its first flight in December 2014. EMD-2, the program’s first KC-46 tanker, made its maiden flight in September 2015 and has completed more than 240 flight test hours, including refueling F-16, F/A-18 and AV-8B aircraft. It also has been refueled by a KC-10 tanker.
EMD-4, the second tanker, first flew on March 2, 2016, and has completed 25 flight hours.
reporting sites show only 53 deliveries.
That's 11 short of the number they needed.
Hopefully they have some BBJ deliveries that weren't captured.
34 737's, 9 777's and 10 787's.
No 767's delivered but they have been pushing out planes form the factory for use as tankers.
deliveries are at 51.
737 might be more but the sites don't report BBJ deliveries.
Since they are producing at 42 a month, the tarmac must be crowded.
They need at least 12 more deliveries to stay on target or the hole just gets deeper.
Looking at the NYC787 site, it shows that production is now 12 a month.
There are 21planes that have been rolled out of the factory.
11 of those are in pre flight prep.
8 are in flight test.
2 are ready for delivery.
From Aerospace and defence: Airbus on Thursday raised the prospect of ?significant? new charges for its troubled military transport aircraft and warned that supply chain bottlenecks were threatening planned deliveries of its new A350 passenger jet. Shares in the European aerospace and defence group dropped 5 per cent to #$%$55.35 after it posted a 50 per cent drop in net profits for the first quarter of 2016. Tom Enders, chief executive, admitted Airbus was experiencing the industrial stresses of ramping up commercial aircraft production to record levels while trying to get a key defence programme back on track. He described new problems with the A400M military transport aircraft as ?frustrating?, while supply chain difficulties on the A350 wide-body jet made the delivery target of 50 aircraft this year ?challenging?. Airbus has already taken charges of more than #$%$4bn to cover significant delays to the A400M programme, which also received a #$%$3.5bn bailout from government customers in 2010. Elsewhere, Airbus is facing obstacles to delivery of its new A320neo narrow-body jet as its engine maker, Pratt & Whitney, struggles to resolve glitches in its new turbine.
The charge was for the work to get the program back on schedule (which it did). They should get the go ahead in Q2. In the meantime they continue making the 767's destined to become tankers and fitting them with the equipment that has passed the tests to date.
The only issue reported remaining is the C17 refueling.
contract announcement says: The contract allows for the government's increased role in assuring mission capability and asset longevity for Wideband Global SATCOM Block II follow-on satellites.
So I guess it means hiring a lot of people to interface with government people who want to know what is happening but don't know anything about the subject matter (as usual).
The Boeing Co., El Segundo, California, has been awarded a $16,622,453 modification to previously awarded contract for increased government insight of Boeing's satellite manufacturing process.
Deliveries sit at 35.
25 737's, 1 767, 4 777's, 6 787's.
BA has to deliver another 30 planes in 8 days. A tall order.
Of the last 16 787 deliveries, all but one have been the -9 version.
GE is going to have to change out a lot of engines on 787's. Hope they have insurance to cover the costs. Once they rework them maybe they can resell them as used to recover some of the costs.
But it does hurt their credibility on design of other engines models as well as the one with the problem. Customers choose which engine to install, not Boeing.