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BA Nov 2024 230.000 put

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  • Reuters

    Boeing to supply E-7 in first major win since plea deal

    RAF FAIRFORD, England (Reuters) -The United States Air Force said it had reached a deal with Boeing for the supply of E-7 Wedgetail airborne warning and control aircraft and downplayed concerns that the company's internal crisis would harm its ability to supply the Pentagon. The provisional deal covers the rapid production of prototypes as the Air Force phases out E-3 Sentry or AWACS airborne warning and control aircraft, and follows reports of disagreements over the price for the 737-based Wedgetail planes. "We have reached agreement with (Boeing)... We have got a reasonable price point that we can afford," Secretary of the Air Force Frank Kendall told reporters at the Royal International Air Tattoo military air show in western England.

  • Reuters

    Boeing expects 787 suppliers to catch up by year's end, restoring output

    Boeing expects delayed suppliers to catch up on parts that have slowed production of its 787 jets to below a rate of five a month, as the U.S. planemaker works to restore output of two key commercial programs by the year's end. Boeing and its European rival Airbus are struggling to meet strong airline demand for jets as they wrestle with problems within their supply chains and factories. Such concerns are set to cast a shadow at the Farnborough Airshow from July 22 to 26, despite strong travel demand.

  • Reuters

    Exclusive-US-Japan Patriot missile production plan hits Boeing component roadblock

    A U.S. plan to use Japanese factories to boost production of Patriot air defence missiles - used by Ukraine to defend against Russian attacks - is being delayed by a shortage of a critical component manufactured by Boeing, four sources said. Japan's Mitsubishi Heavy Industries (MHI) already makes about 30 PAC-3 missiles each year under licence from defence contractor Lockheed Martin and can increase that number to about 60, two Japanese government officials and two industry sources told Reuters.