English
French
German
Italian
Russian
Spanish
Boeing to stop production of F/A-18 Super Hornet jets in 2025
Boeing to stop production of F/A-18 Super Hornet jets in 2025 By Reuters
Breaking News
‘;
Stock Markets 7 minutes ago (Feb 23, 2023 12:01PM ET)
(C) Reuters. FILE PHOTO: The Boeing logo is seen on the office building in Chicago April 26, 2006./File Photo
By Nathan Gomes and Valerie Insinna
(Reuters) – Boeing (NYSE:BA) Co said on Thursday it plans to stop production of the F/A-18 Super Hornet in late 2025 after delivering the last of the fighter jets, as the aerospace giant shifts focus to winning the race for the sixth-generation of combat aircraft.The company said it expects to hire more workers and build three new facilities in St. Louis, where some of Boeing’s defense unit’s operations are already based, to support future programs. More than 900 people were hired in the region last year.
Boeing said stopping production of the F/A-18 jets, which were featured in Tom Cruise-starrer “Top Gun: Maverick”, will also allow the company to focus on ramping up output of training jet T-7A Red Hawk and autonomous refueling aircraft MQ-25 Stingray, both of which are produced in St. Louis.
The closure of the F/A-18 line is a pivotal moment for its St. Louis-based facilities that would leave the F-15EX as Boeing’s sole fighter jet in production unless the company is able to win the U.S. Air Force’s sixth-generation fighter program.
Little is known about the fighter program, known as the Next Generation Air Dominance, including jet specifications and when the Air Force will select an aircraft manufacturer.
Trade publication Defense News in 2020 reported that at least one prototype was built and flown by the Air Force. Lockheed Martin (NYSE:LMT) and Northrop Grumman (NYSE:NOC) are also competing for the contract.
Boeing was beset with cost overruns last year in its Defense, Space & Security unit after it aggressively bid for fixed price contracts, delaying its recovery from an overlapping safety and pandemic-induced crises on its commercial side.
It said production of the F/A-18 jet, which debuted in 1983, could be extended until 2027 if the Super Hornet is selected by the Indian Navy for its future fighter.
Boeing to stop production of F/A-18 Super Hornet jets in 2025
Terms And Conditions
Privacy Policy
Risk Warning
(C) 2007-2023 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
