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Business/Financial

Muilenburg Touts T-X, MQ-25 As $60 Billion Franchise; Boeing’s Sales, Earnings Up

By Cal Biesecker

Wednesday, October 24th, 2018

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Muilenburg Touts T-X, MQ-25 As $60 Billion Franchise; Boeing’s Sales, Earnings Up

Boeing President and CEO Dennis Muilenburg. Photo: Boeing

Boeing [BA] Chief Dennis Muilenburg on Wednesday said his company’s bids and ultimate wins in the third quarter on two marquis dollar U.S. defense programs were clearly aimed at capturing long-term business worth potentially more than $60 billion for domestic and international customers.Muilenburg said the Air Force’s T-X trainer and Navy’s MQ-25 unmanned aerial refueling tanker demonstrate a “targeted and very deliberate strategy focused on some key defense franchises that we believe have life-cycles that are measured in decades.” He…

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