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Boeing brings forward C-17 line closure
Boeing has brought forward the closure of its C-17 Globemaster III production line by three months, the company announced on 7 April.
The line at Long Beach, California, will now shut down in mid-2015, having previously been slated for closure in late-2015. Boeing expects inventory-related charges of about USD50 million, which will be recorded in the first quarter, as a result of this announcement, the company said in a statement.
Boeing announced the closure of the C-17 line in September 2013, in line with the impending fulfilment of orders for the US Air Force (USAF) and a slowdown in international sales.
Having delivered 258 C-17s to date (Australia [6], Canada [4], India [5], Kuwait [1], NATO and the Partnership for Peace nations [3], Qatar [4], the United Arab Emirates [6], the UK [8], and the United States [221]), Boeing has just five more aircraft set to be delivered, to India.
The company has stated that it has 15 unassigned 'white-tails' on the line, of which Kuwait is understood to be receiving one, while India has previously stated its wish for an additional six aircraft.
With regard to the remaining unassigned aircraft, Boeing officials have previously told IHS Jane's that the company is currently engaged with seven existing operators, and "two to three" potential first-time buyers.
![0095161_-_main.jpg](/proxy.php?image=http%3A%2F%2Fwww.janes.com%2Fimages%2Fassets%2F491%2F36491%2F0095161_-_main.jpg&hash=2c61e987e59db0a2d2374acffbe71b56)
Boeing has brought forward the closure of its C-17 Globemaster III production line by three months, the company announced on 7 April.
The line at Long Beach, California, will now shut down in mid-2015, having previously been slated for closure in late-2015. Boeing expects inventory-related charges of about USD50 million, which will be recorded in the first quarter, as a result of this announcement, the company said in a statement.
Boeing announced the closure of the C-17 line in September 2013, in line with the impending fulfilment of orders for the US Air Force (USAF) and a slowdown in international sales.
Having delivered 258 C-17s to date (Australia [6], Canada [4], India [5], Kuwait [1], NATO and the Partnership for Peace nations [3], Qatar [4], the United Arab Emirates [6], the UK [8], and the United States [221]), Boeing has just five more aircraft set to be delivered, to India.
The company has stated that it has 15 unassigned 'white-tails' on the line, of which Kuwait is understood to be receiving one, while India has previously stated its wish for an additional six aircraft.
With regard to the remaining unassigned aircraft, Boeing officials have previously told IHS Jane's that the company is currently engaged with seven existing operators, and "two to three" potential first-time buyers.