“This is not going to be a major restructuring of the Boeing Company,” Ortberg said Jan. 28 while discussing fourth-quarter and full-year 2024 financial results.
The company on Jan. 23 announced its preliminary earnings for the fourth quarter of 2024, with total revenues of $5.4 billion and an operating margin of 41.9%.
Boeing is designing a larger, land-based version of its uncrewed MQ-25 tanker, targeting USAF future refueling plans including topping up CCA in contested airspace.
The fiscal 2025 defense appropriations bill passed by Senate appropriators proposes to acquire 255 new military aircraft, or 19 more than the Pentagon requested.
A strategy used from 2011 to 2018 to win five fixed-price development programs with low-priced bids continues to haunt Boeing’s defense and space business.
Rolls-Royce says its work on the engine for the Boeing MQ-25 uncrewed tanker is an entry point to potentially powering thousands of autonomous combat aircraft.
Boeing started receiving the marketing licenses for the MQ-25 in late 2022 for Australia, France, Japan and the UK, but withheld release of the information.
The integration will allow the Navy to experiment with autonomous capabilities as it continues developing concepts for crewed-uncrewed teaming capabilities.
The first uncrewed aircraft system to operate from an aircraft carrier is two years behind schedule due to design, production and supplier management problems.