EVERETT, Wash., Jan. 27, 2017 – The U.S. Air Force today awarded Boeing [NYSE: BA] $2.1 billion for 15 KC-46A tanker aircraft, spare engines and wing air refueling pod kits.
This order is the third low-rate initial production lot for Boeing. The first two came in August 2016 and included seven and 12 planes, respectively, as well as spare parts.
Boeing plans to build 179 of the 767-based refueling aircraft for the Air Force to replace its legacy tanker fleet. Tanker deliveries will begin later this year.
“This award is great news for the joint Boeing-Air Force team and reinforces the need for this highly efficient and capable tanker aircraft,” said Mike Gibbons, Boeing KC-46A tanker vice president and program manager. “Our Boeing industry team is hard at work building and testing KC-46 aircraft, and we look forward to first delivery.”
"Placing an order for another 15 aircraft is another important milestone for the KC-46 program," said Col. John Newberry, Air Force KC-46 System program manager. "I know the warfighter is excited about bringing this next generation capability into the inventory."
Boeing received an initial contract in 2011 to design and develop the Air Force’s next-generation tanker aircraft. As part of that contract, Boeing built four test aircraft – two configured as 767-2Cs and two as KC-46A tankers. Those test aircraft, along with the first production plane, have completed nearly 1,500 flight hours to date.
The KC-46A is a multirole tanker that can refuel all allied and coalition military aircraft compatible with international aerial refueling procedures and can carry passengers, cargo and patients.
Boeing is assembling KC-46 aircraft at its Everett, Wash., facility.
Caution Concerning Forward-Looking Statements
Certain statements in this release may be "forward-looking" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "intends," "plans," "projects," "believes," "estimates," "anticipates," and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, business prospects, financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and we undertake no obligation to update or revise any forward-looking statement, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, the effect of economic conditions in the United States and globally, general industry conditions as they may impact us or our customers, and our reliance on our commercial customers, our U.S. government customers, our suppliers and the worldwide market, as well as the other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission.
# # #
Contact:
Charles Ramey
KC-46 Tanker Program
Mobile: +1 206-851-4147
charles.b.ramey@boeing.com