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CLAIM #9314 · The Boeing Company (BA) · 2025Q1 earnings call · Apr 23, 2025 · due Dec 31, 2025

Now you know it's going to take a while to get this capacity back into the system.

Kelly Ortberg · CEO

PENDING
graded after results covering Dec 31, 2025 are reported

In context

ble performance there. But our plan seems to be working and we'll make any adjustments we need to. Regarding the SPS fire the team has done a very, very nice job of reacting and jumping all over that issue. It's a combination of finding alternate source requalifying find an inventory and getting it in the right place. And it's not just us as you know it's some of our major suppliers as well who this impacts. I think we're going to be able to scramble our way through this. And I don't think we'll be at the inventory levels we want. But I don't see right now that any aircraft program is going to be held up over these fasteners. The team every time I meet with them they've burned down the open issues to fewer and fewer. And it looks like we're going to be able to manage our way through this. Now you know it's going to take a while to get this capacity back into the system. So we're going to just have to stay diligent as we as we manage this and particularly as we ramp up in rates. Operator: Your next question comes from the line of Noah Poponak from Goldman Sachs. Your line is open. Noah Poponak: Kelly, how did you reduce traveled work by 50% in a few months? And how did you have a positive defense margin despite the tanker news in the quarter? And really the bigger picture question there is, were some of these improvements inevitable with time or how much have you changed specifically since you've come on board with the blocking and tackling of the operating performance of the business? You've laid out how you're going to turn the battleship but curious if you could talk about the shorter term simpler blocking and tackling improvements you've made. And I t

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SEC filings for BA · Claim quote is verbatim from the 2025Q1 earnings call.