The Boeing Co., St. Louis, Missouri, has been awarded a $14,500,000 undefinitized modification (P00007) to previously undefinitized contract action (UCA) FA3002-13-D-0012 for courseware development, engineering, maintenance and aircrew academic and simulation training. Contractor will provide in-scope activities that have emerged since the last UCA modification, including services for aircrew courseware development as well as U.S. engineering training, U.S. and international maintenance training, and U.S. aircrew training.
virgin atlantic 747-400 flight vs43 has wing landing gear problem over Gatwick, England.
Burning off fuel. It had just taken off so there is lots of fuel to burn.
WRIGHT-PATTERSON AIR FORCE BASE, Ohio (AFNS) -- The KC-46 Pegasus development program completed its first flight of Engineering, Manufacturing and Development (EMD) aircraft #1 Dec. 28.
EMD #1 is a provisioned 767-2C freighter and the critical building block for the KC-46 missionized aerial refueler. The maiden flight took off at 9:29 AM PST from Paine Field in Everett, Washington, and landed at 1:01 PM PST at Boeing Field in Seattle.
“Getting in the air is a critical step in the development of this important capability for the warfighter,” said Brig. Gen. Duke Z. Richardson, the program executive officer for tankers at the Air Force Life Cycle Management Center. “The team at Boeing has done a remarkable job creating an entirely new aircraft that will soon become the backbone of our ability to project power anywhere in the world.”
The 767-2C freighter is the initial step toward producing a KC-46. The aircraft will undergo additional finishing work s at the Boeing facility such as installing the refueling boom and other military specific equipment. The first flight of a KC-46 (EMD #2) is expected in the Spring of 2015.
YTD deliveries hit 713 this morning (Saturday). They may hit the low end target by end of day today.
787 has 4 ready for delivery.
KC-46 tanker scheduled for first flight tomorrow (Sunday).
5 days till year end.
KUWAIT CITY, Dec. 23, 2014 /PRNewswire/ -- Boeing [NYSE: BA] and Kuwait Airways have finalized an order for 10 777-300ERs (Extended Range), valued at $3.3 billion at list prices.
The order underlines the popularity of the 777-300ER as the preferred long-haul aircraft of many of the world's leading airlines including those from the Middle East. The airline originally announced its intent to order the 777-300ER in November.
"Kuwait Airways has plans to renew its fleet as well as expand its operations and the 777-300ER is a perfect airplane for our strategy," said Rasha Al Roumi, Kuwait Airways CEO. "The airplane has already validated its position in terms of high reliability, low operating costs and fuel efficiency. We are looking forward to having the 777-300ER join our fleet."
The 777-300ER is the most fuel and cost-efficient airplane in its class today with 99.5 percent reliability, making it the most reliable twin-aisle aircraft in the world. The flagship of the world's elite airlines, the 777-300ER carries 386 passengers in a standard three-class configuration up to 7,825 nautical miles (14,490 kilometers), on non-stop routes.
From the NYC787 site:
"With the delivery of the second 787 for Azerbaijan Airlines, Boeing had met their 787 delivery guidance of 110 for 2014. The aircraft manufacturer ISN'T done and should be able to deliver 4 MORE 787s including 2 787-9s. These aircraft all have had their first customer flights though there may be additional customer flights required and these should deliver starting early next week."
It seems that every time BA reports earnings, the media finds something to complain about so the price is impossible to predict. The market is also at an all time high which adds risk for a correction.
The price may tick up prior to the earnings and then drop back. It does not matter for those who bought it back when it was in the 60's per share since the dividend for them is absolutely great.
But for traders (and there are a lot of them) the stock is tricky and they influence the price. If they sell on the news (earnings) it will drive the price down for awhile.
According to Planespotters, as of 12/23 BA has delivered 711 planes. They need 4 more to hit the low end annual target. There was an additional delivery of a 737 to a Russian airline reported but listed it as stored so I did not count that one. Still 7 days to go till year end so they should be able to exceed the 715 deliveries for the year.
The Boeing Co., St. Louis, Missouri, has been awarded a not-to-exceed $64,247,052 firm-fixed-price, undefinitized contract action for the continued availability of operational APG-63(V)1, APG-63(V)2, APG-63(V)3 and Talon HATE radars after aircraft installation. Contractor will provide repair of all field failures, the continued parts obsolescence management of the radars, maintaining the form, fit, function and interface of the line replaceable units and built in test software, and providing configuration accountability of the fielded radar data.
The Boeing Co., Seattle, Washington, has been awarded a $6,901,710 indefinite-delivery/indefinite-quantity modification (0389) to previously awarded contract F33675-01-D-0013 for C32/C40 integrated Fleet Support.
The Boeing Co., Huntington Beach, California, is being awarded $39,540,071 cost-plus-fixed-fee, cost-plus-incentive-fee contract to provide the U.S. and U.K. Trident II (D5) maintenance, repair, and rebuilding and technical services in support of the navigation subsystem. This contract contains options, which, if exercised, would bring the contract to a maximum dollar value of $80,164,349.
3 more 787's became ready for delivery today (Tuesday for a total of 6 planes .At least 3 of these should be delivered before month end.
With 8 days to go (7 if Christmas day is not counted) BA has delivered 706 planes as of 10am PST today
based on data from various websites and press releases. That leaves 9 planes to hit the low end target.
Hopefully they can get more deliveries today.
YTD deliveries now stand at 108. There are 3 ready for delivery and 3 more that are in flight test and are scheduled for delivery this month, It is a pretty safe bet that they will meet the 110 target
Yes, I was worried. And I still worry that if they miss by only one plane the media will make a big deal about it. But they have done a great job in making deliveries this month. I hope it continues.
At 9am on Monday, the YTD count is now 703. 12 planes to go to hit low end target.
9 days to go till year end.
They are having a difficult quarter. I had bought both EADSY and BA but sold the EADSY position a few weeks ago. It is end of the year and I was cleaning out the trash in the portfolio..
on another note, Charleston loaded their second 787-9 this week. The schedule looks like they will alternate loading the -8 and the -9 for Q1.