With only nine days to go in the month, BA has delivered 21 planes. We have to wait for the 2014 earnings announcement to see if they keep/raise/lower the 2015 delivery expectations.
Boeing Co., Mesa, Arizona, was awarded a $14,583,600 modification (P00002) to contract W58RGZ-14-C-0018 to increase the quantity of AH-64E Apache full rate production Lot 5 aircraft. The modification adds additional advance procurement funding to purchase of long lead items.
It is not broken out separately but is lumped in with the defense and support numbers.
Global Services & Support
Overview: Global Services & Support (GS&S), a business unit of Boeing Defense, Space & Security, is a leading worldwide provider of aircraft sustainment, modification and training solutions. The business is dedicated to providing customers with enduring support from product inception to service retirement. With more than 15,000 employees in 300 locations around the world, GS&S is ready to assist military and commercial customers 24 hours a day, seven days a week
From Rich Smith at Motely fool:
..A sales surge of the magnitude we witnessed in December -- again, this was 468 planes, or more than 26% of all planes Airbus sold through the entire year -- suggests Airbus wasn't exactly bargaining hard on the prices it charged for its planes. More likely, it underpriced its rival, sacrificing profits to secure sales and hoping to "make it up on volume."
That could be bad news for Airbus investors because in 2013, Boeing's commercial airplanes business recorded a 10.9% operating profit margin on $53 billion in revenue (according to S&P Capital IQ). Over the last 12 reported months, the division's profitability actually strengthened to a rolling tally of 11% profit margin on $57.8 billion in sales.
In contrast, despite booking sales similar to Boeing's ($53.6 billion in 2013), Airbus' commercial division earned less than 4.1% operating profit on plane sales that year. Airbus' profitability improved in 2014 as sales numbers tightened -- trailing 12-month results show an uptick to 4.6% operating profit margin on $51 billion. But if Airbus "gave away the store" to win sales in December, as I suspect it did, then those profitability gains could disappear in a hurry.
Long story short, I'd still rather be long Boeing than Airbus -- even after Airbus' photo-finish win.
With the month about half over, Boeing has delivered only 8 planes so far this month. But they have lots of planes that have completed or are in flight test. All the 787's for shipment in January are in either pre-flight or flight test and all but 1 of the February ships. Next week should see a number of deliveries.
MADRID, Jan. 15, 2015 /PRNewswire/ -- Boeing [NYSE:BA] and Air Europa today announced an order for 14 787-9 Dreamliners, valued at $3.6 billion at list prices, the largest ever Boeing widebody order from a Spanish carrier.
HUNTINGTON BEACH, Calif., Jan. 15, 2014 – Boeing [NYSE: BA] will deliver an additional 336 Combat Survivor Evader Locator (CSEL) radios, and upgrade the system’s global base station network, through new orders from the U.S. Air Force with a combined total value of about $9.7 million.
The U.S. military uses the global CSEL communication system to aid the rescue of downed pilots and other warfighters in danger. A user transmits position, location and situational information via line-of-sight two-way voice and data, beacon, or over-the-horizon communication paths.
Staff Writer- Puget Sound Business Journal
Boeing's decision to promote Beverly Wyse to run its South Carolina plant could greatly strengthen the company's operations there in two major ways. For one, Wyse's inclusive and supportive management style could help empower workers at Boeing's North Charleston facility. The appointment could strengthen the possibility that Boeing will expand in South Carolina given Wyse's track record with aircraft production and team building. Boeing has declined to say what it plans to do with the more than 460 acres of land in South Carolina that it has acquired, but the implication is that the company has room to expand. Wyse's position in South Carolina could help the company dampen pressure from the International Association of Machinists and Aerospace Workers to unionize workers at the facility. One way that technology companies have avoided unions is by adopting more inclusive management styles that bring people together more naturally and empower them. Wyse might be just the person to do that in North Charleston. The point is that Wyse has proven herself one of Boeing's most gifted managers, able to completely restructure Boeing's most high-velocity production line, while not missing a detectable beat on quality or production rate. It's very likely she can transfer the same skills to what has been Boeing's most problematic plane in its history: The 787 Dreamliner. After three years of difficulties, Boeing has now stabilized 787 Dreamliner production at 10 monthly, with plans to raise that to 12, then to 14 by the end of the decade. That extra growth will happen in North Charleston, where Boeing has space to run two parallel lines in its final assembly plant. Another next step will be starting production of the 787-10, the largest of the series, which will only happen in the North Charleston plant. Judging from her performance so far in her Boeing career, Wyse gives every indication she can meet these goals, and do i
With the month almost half over, BA has delivered only 5 planes so far this month.
They need to open those delivery gates.
They do have a number of 787's in flight test and pre-flight prep but none "ready for delivery".
At the rate they are building 737's, there should be a number of them stacked up on the runway.
Scott Campbell replaces Wyse as vice president and general manager of the 737 program and Renton site. Campbell is succeeded by Brad Zaback as vice president and general manager of 767 program. The positions all report to Pat Shanahan, senior vice president of Airplane Programs, Boeing Commercial Airplanes.
Tuesday, January 13, 2015
The head of Boeing's North Charleston' plant, Jack Jones announced his retirement to the Boeing South Carolina employees in an email message. In it he intends to leave the company in May and will be on hand during the next few months to transition his responsibilities to incoming BSC head Beverly Wyse. Currently Beverly Wyse is VP and general manager of Boeing 737 program and was previously the VP and general manger of the 767 program at Boeing.
BUENOS AIRES, Jan. 13, 2015 – Boeing [NYSE: BA] and GOL Linhas Aereas Inteligentes S.A. [BM&FBOVESPA: GOLL4 and NYSE: GOL] announced an agreement to implement the Boeing Fuel Dashboard solution across GOL’s Next-Generation 737 fleet today at the MRO Latin America conference.
The Boeing analytics software solution will provide GOL operations teams with greater visibility on current fuel-use trends across the fleet and insights into opportunities for operational improvements and cost savings in fuel consumption.
The Boeing Fuel Dashboard is part of Boeing’s fuel-efficiency solutions suite. The application provides aircraft operators with a comprehensive total fleet view of operational fuel consumption. Airlines, business aviation operators, and military organizations can use Fuel Dashboard’s intelligent decision aids to gain insight into current fuel usage through all phases of flight. This visibility enables better decision-making to reduce fuel consumption, costs, and emissions.
SMITHFIELD, Pa. Jan. 13, 2015 – Boeing [NYSE: BA], through its Argon ST subsidiary, will provide the U.S. Navy with five additional AN/SLQ-25C surface ship torpedo defense systems, continuing more than two decades of helping protect ships and sailors around the world.
Known as “Nixie”, the system lures torpedoes away from intended targets by mimicking a ship’s acoustic signature. It is currently installed on all U.S. Navy combatant ships and the vessels of more than 20 other naval forces.
“For more than 20 years, Nixie has provided sailors with protection and peace-of-mind, and this contract ensures our partnership with the U.S. Navy will continue to grow,” said Mark Bock, director of Maritime Defensive Systems at Argon ST. “With a new, state-of-the art, streamlined production line for the towed body component, we continue to maximize Nixie’s capability and affordability for our global customers.”
Argon ST is the sole contractor for the design, development and manufacture of this electro-acoustic decoy system. Work under the $6.5 million contract, will be done in Lemont Furnace and Smithfield, Pa.
The Boeing Co., St. Louis, Missouri, has been awarded a maximum $15,775,000 firm-fixed-price contract for aircraft horizontal stabilizers. This was a sole-source acquisition. This is a one-year base contract. Location of performance is Missouri with a December 2016 performance completion date. The using military service is the Navy.
ST. LOUIS, Jan. 12, 2015 – Boeing [NYSE: BA] recently delivered a maintenance training system to the Royal Canadian Air Force (RCAF) that will help prepare technicians to keep the RCAF’s CH-147F Chinook helicopters mission ready.
The Chinook Maintenance Trainer includes a complete airframe and an interactive display system that allow the technicians to gain experience addressing a number of scenarios. Boeing also delivered six training aids focused on specific items including aircraft wiring and fuel tank maintenance.
NYC787 site says BA is shooting for 138 787 deliveries in 2015. While that is a high number given the recent performance in both Everett and Charleston, there are some steps that are being automated which should help reduce travelled work and increase output. There are 12 scheduled for delivery in January and 13 in February, It would be nice if they can add 15 or 16 in March.
From UK press:
Boeing has completed production of the world's first all electric propulsion satellites which are scheduled to go into orbit stacked on a single rocket next month. The satellites are affordable and lightweight and provide more options for movement to different orbital positions,