The reality is that neither LMT or BA need the contract to grow their current business. But Northrop does. Any downturn in stock price of BA if contract goes to Northrop will be temporary. The contract is not built into the forward projections of BA.
From Seattle Times:
Japanese Defense Minister Gen Nakataniannounced Friday that Japan will buy three Boeing KC-46A air refueling tankers for its air force. Kyodo News reported that the contract is worth $173 million per tanker.
Boeing released a statement welcoming the deal and pledging to “continue our enduring partnership with Japan.” This is the first overseas sale of the Boeing tanker.
Your source must have had some bias. If you read all the reports from all the media that covered it,
Henry reported that 3 sources had told him that Biden would run. At no time did Henry or fox news declare that Biden would run.
Actually production is doing just fine. Most of the remaining planes are already built and flying test flights or ready for delivery.
They may be doing better that the reporting sites are showing. Those sites missed a lot of deliveries in the last 2 months.
The KC-46 program's first test aircraft, a Boeing 767-2C (EMD-1) touched down at Edwards Air Force Base, California last week (October 15), where Boeing and the 418th Flight Test Squadron are conducting ground effects and fuel onload fatigue testing on the new tanker, due to last a fortnight. Ground effects testing is to gather aerodynamic data for updating the KC-46A simulator as well as supporting certification. Fuel onload fatigue is gathering data to characterize the aircraft interaction typically experienced when the KC-46A is flying in receiver formation behind a current KC-135 or KC-10 tanker. While the KC-46's role is to refuel other aircraft, it may itself need to refuel from other KC-10s or KC-135s to extend its range. fuel onload fatigue testing is the first look at the KC-46 acting in that role and the interactions between the three different tankers in an aerial refueling formation.
NEW YORK, Oct 22 (Reuters) - Boeing Co said on Thursday it booked 20 firm orders for its 737 MAX single-aisle aircraft from Oman Air SAOC, an order that nearly doubles the airline's 737 fleet.
Oman Air's order includes conversions of six 737 NG planes to 737 MAX jets, for a net gain of 14 in Boeing's order book.
I would forego on the dividend till they can get the tanker and the 777x to market on schedule.
But I would take it if they also get the bomber contract ( )).
Today's conference call:
"We continue to expect the 787 program to be cash positive in the fourth quarter," said Boeing Chief Financial Officer Gregory Smith in a call with investors on Wednesday.
The conference call just ended (1140am edt). They addressed the concerns of analysts an the press.
Should see stock price action now.
SANTA ANA, Calif., Oct. 20, 2015 /PRNewswire/ -- Coast Composites LLC, an Ascent Tooling Group company, was awarded a contract by The Boeing Company to manufacture the largest-ever wing skin molds. Ascent will produce a set of lay-up tooling, consisting of four individual molds, to be used at Boeing's new facility in Everett, Washington, to manufacture the 777X's composite wing skins. Coast Composites will manufacture the molds with its modular tool building system, based on the company's patented laser welding technology and proven on previous wing skin mold builds. Tooling segments will be manufactured of Invar, a specialty steel alloy selected to match the thermal expansion properties of the composite material used for the wing skin. Invar segments small enough to transport on conventional roads will be shipped to Everett then assembled onsite. After welding in Everett, the final wing skin tools will measure over 110 feet long and up to 21 feet wide and weigh approximately 80,000 pounds each
ST. LOUIS, Oct. 20, 2015 /PRNewswire/ -- Boeing [NYSE: BA] today opened its new research and technology center in St. Louis. The facility will serve as the company's regional hub for collaborative technology development with academic institutions and research partners in systems technology. New labs and capabilities in Missouri include the Non-Destructive Test Lab, the Human Systems Integration Center, a Polymer Synthesis Lab, and the soon-to-be-built Collaborative Autonomous Systems Lab. More than 700 engineers, technicians and staff at BR&T-Missouri will develop a variety of other technologies that include systems, digital aviation and support technology, rate-independent production and next generation materials.
20 deliveries. That leaves 39 planes to be delivered in the rest of the month (16 days) to beat year end high target. Due to the high number of deliveries in Q3, they only need 59 a month in Q4.
Both versions of the tanker (partial and full configuration) have been flying regularly. The data being collected
with the frequent flights should get them back on schedule. The cost of those flights and any additional work related to those flights should be covered by the charge taken in Q3.