Boeing is set to deliver to the U.S. Air Force a new schedule for the long-delayed two-aircraft fleet, with projections now placing delivery as late as 2029.
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.
Despite the schedule change appearing in budget documents, nothing has changed and the program’s status is still being assessed, an Air Force spokesperson said.
It has been a passenger favourite since its launch in 1970, but the Boeing 747’s days appear to be ever more numbered as airlines continue to modernise their fleets.