Boeing Q1 results reveal T-7 trainer trouble
The T-7A Red Hawk is scheduled to achieve IOC with the US Air Force in 2024. (Photo: Boeing)
Boeing's T-7 next generation trainer programme has suffered financial difficulties linked to supplier problems and COVID-19 complications.
Boeing's T-7 advanced trainer has been troubled by financial problems with the manufacturer posting a $367 million charge for the programme, caused by supplier negotiations influenced by supply chain problems, COVID-19 issues and inflationary pressures.
The charge was declared by the manufacturer in its Q1 2022 results, published on 27 April and which also showed that defence related activities saw a drop in revenue to $5.5 billion - a 24% decrease from quarterly figures recorded for the same period in 2021.
On a more positive note, the manufacturer pointed to a number of key contracts and manufacturing milestones secured or achieved over the course of Q1 2022, including, an order for six USSOCOM MH-47G Block II Chinook helicopters; the building of New Zealand's first P-8A MPA and completion of the 400th T-7A Red Hawk test flight.
Shephard's Defence Insight suggests that a procurement decision covering two low-rate production and eight rounds of full-rate production will be approved by the US DoD for the T-7A effort after 2023, with the USAF currently on course to buy 351 aircraft.
Boeing's military aircraft deliveries were broadly in line with numbers recorded in Q1 2021. The new figures revealed 22 AH-64E Apache attack helicopters were made, alongside seven CH-47F Chinooks, four F/A-18 fighters, four KC-46 tankers, three P-8 MPAs and one F-15 jet.
Related Equipment in Defence Insight
More from Defence Notes
-
![Just Released: Military Training Technology Report October 2024 now available to read]()
Just Released: Military Training Technology Report October 2024 now available to read
How the latest portable simulation solutions can deliver JTAC training wherever it is needed
-
![Irish defence budget increased by just €100 million despite €25 billion surplus]()
Irish defence budget increased by just €100 million despite €25 billion surplus
The budget of more than €1.3 billion is a record figure for the Irish Defence Forces but almost a quarter is to meet to meet the pensions costs of Defence Forces Veterans and their dependents.
-
![Just released: Night Vision & Situational Awareness Technology Report 2024 now available to read]()
Just released: Night Vision & Situational Awareness Technology Report 2024 now available to read
How night vision devices and soldier-worn sensors are underpinning advanced tactical C4ISR capabilities
-
![How temporary funding could affect the US military’s critical acquisition programmes]()
How temporary funding could affect the US military’s critical acquisition programmes
Operating under continuing resolutions would affect Patriot, Virginia-class, Columbia-class and B-21 programmes.
-
![Brazil’s proposed $23.7 billion defence budget targets GDP-linked military funding]()
Brazil’s proposed $23.7 billion defence budget targets GDP-linked military funding
Brazil’s 2025 budget proposals will see a 5.9% increase in defence spending, with funds allocated for key programmes including the procurement of helicopters, armoured vehicles and nuclear-powered submarines, despite looming fiscal challenges.
-
![Russia is evading sanctions and purchasing US components for its arsenal, warns US Senate]()
Russia is evading sanctions and purchasing US components for its arsenal, warns US Senate
Democratic Senator Richard Blumenthal has claimed that Russian bombs, missiles and drones “supported by American technologies” have been fatally used on Ukrainians soldiers and civilians.
