logo
  Join        Login             Stock Quote

Boeing (BA) 737 MAX Airplane Passes 'Firm Concept' Milestone

 November 15, 2012 10:57 AM
 


(By Balaseshan) Aerospace giant Boeing Co. (NYSE: BA) said its newest single-aisle airplane, the 737 MAX, has recently passed a major milestone in development known as 'firm concept'.

"The team has a firm plan in place to incorporate all the changes necessary to realize a 13 percent fuel-use reduction within the scope and schedule of the program," said Beverly Wyse, vice president and general manager 737 program.

Fuel-use reduction changes include new LEAP-1B engines from CFM International, a redesigned tail cone and advanced technology winglets. Other changes allow these fuel-saving features to be integrated into the overall airplane design.

[Related -United Technologies Corporation (NYSE:UTX): How Pension Shift Will Drive EPS?]

Boeing also decided to incorporate limited systems changes to the 737 MAX. These include an electronic bleed air system that will be supplied by Honeywell and large-format displays, supplied by Rockwell Collins, for the flight deck of the 737 MAX.

The 737 MAX flight deck will have four new large displays with significant growth capability while maintaining a common look-and-feel with the Next-Generation 737 display formats that preserves commonality with training across the 737 family.

The team also has defined the high-speed aerodynamic lines for the 737 MAX. Through analysis and testing conducted in high- and low-speed wind tunnels, the 737 MAX design team has further refined the geometric shape of the airplane, eliminating the need for the small bump on the nose-gear door that appeared in earlier design iterations.

[Related -The Boeing Company (BA): Why You Should Look At Boeing's Defense Business?]

With firm concept, the factory plan for the 737 MAX also has been defined. The factory plan includes a 737 MAX transition line where the initial 737 MAX airplanes will be assembled before integrating the new airplane into the existing 737 production lines in Renton, Washington.

"The 737 MAX remains on track for first delivery in 2017. Now we are focused on the finer details of the configuration and we are confident we'll be ready to begin detailed design in mid-2013," said Michael Teal, chief project engineer, 737 MAX.

BA is trading up 0.65 percent at $71.75 on Thursday. The stock has been trading between $62.12 and $77.83 for the past 52 weeks.

iOnTheMarket Premium
Advertisement

Advertisement


Post Comment -- Login is required to post message
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
 

rss feed

Latest Stories

article imageThe Boeing Company (BA) Q2 Earnings Preview: Durable Earnings Beater

The Boeing Company (NYSE:BA) will publish its second-quarter financial results before the open of the read on...

article imageAngie's List Inc. (ANGI) Q2 Earnings Preview: Trending Towards a Smaller Loss than Expected

Angie's List Inc. (NASDAQ:ANGI) will post its second quarter 2014 financial results will be released on read on...

article imageMicrosoft Corporation (MSFT) Q4 Earnings Preview: Xbox and Surface Margins the Key

Microsoft Corporation (NASDAQ:MSFT) will publish fiscal year 2014 fourth-quarter financial results after read on...

article imageBaidu Inc. (BIDU): Climbing Towards Morgan Stanley’s $239.30 Target

Baidu Inc. (ADR)(NASDAQ:BIDU) is up handsomely today, mostly thanks to an upgrade from Morgan Stanley. read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.