CLAIM #9221 · The Boeing Company (BA) · 2024Q4 earnings call · Jan 28, 2025 · due Dec 31, 2025
“I do feel better about our ability to better manage the performance in 2025.”
Kelly Ortberg · CEO
In context
“ter's performance, we're making progress in working with our customers to actively manage the contracts to achieve better outcomes for both parties. You've seen that we've entered into an MOA with the U.S. Air Force on the T-7A program, and we're in active discussions on a second MOA on that program, all focused on improving the performance of the program. We're also in active discussions with our customer on the VC-25B program to make the necessary changes to improve the program performance and delivery. The U.S. Air Force has termed this as an Active Management, which is a term I really like. We're focused on actively managing all of our problematic programs to improve the performance for the company and our customers. While I said there's no silver bullet on these fixed price programs, I do feel better about our ability to better manage the performance in 2025. On the commercial side, we continue to focus on getting the 737-7 and -10, as well as the 777X through certification. There are no updates to the timelines we’ve previously communicated on these programs. On the -7 and -10, we're still working through the testing phase, focused on finalizing the icing design solution, which we plan to include in the certification program. Working closely with the FAA, especially in light of their leadership changes, will be a key focus area for us this year. The 777X is back in flight test, and we have a good handle on fixing the thrust link issue we uncovered. Now, moving to the third area, culture change, this will be a multi-year journey, but we're already making progress. Our leaders are getting more engaged with their teams and customers. We're havin”
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SEC filings for BA ↗ · Claim quote is verbatim from the 2024Q4 earnings call.