Tag Archive: Boeing

  1. Boeing Autonomous Flying Car Completes First Test Flight

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    Boeing Autonomous Flying Car Completes First Test Flight

    Photo: Boeing

    Several decades ago, it seemed almost sure that in the year 2020 we would’ve lived in cities with flying cars. Sadly, the reality is that we are not as close to this truth as futurists predicted. That said, we can almost certainly predict that flying cars will happen in the near future. Boeing’s subsidiary Aurora Flight Sciences already works on one, and it just made its first successful test flight.

    Boeing’s flying car is fully autonomous, and it takes cues from drones for the design and propulsion. Perhaps drones are not how we envisioned flying cars, but it’s the only tech available right now that allows for easy vertical takeoff and landing in congested cities. As expected, electricity is used for propulsion, which makes it an EVTOL aircraft (electric vertical takeoff and landing). With the built-in batteries, Boeing’s vehicle can travel up to 50-miles with one charge and is 30-foot (9.15 meters) long and 28-foot (8.5 meters) wide.

    The test flight only consisted of vertical takeoff, hovering for a few seconds, and landing. According to NeXt, which is the urban air mobility division of Boeing, it’s a great challenge to design a high-speed VTOL aircraft that can transition from vertical takeoff to forward flight. “In one year, we have progressed from conceptual design to a flying prototype,” said Greg Hyslop, a chief technology officer at Boeing, announcing that the next step is to work and test the forward flight of the vehicle

    But, what we want to know is when we will see aircraft like this in the skies, and the answer might be soon. Aurora Flight Sciences already partners with Uber on the same matter, with the latter already announcing that their autonomous flying taxi is on track and should be soon part of the Uber Air network. According to Uber, the first cities to have flying taxies will be Dallas-Fort and Los Angeles, with 2023 predicted as the year when that would happen.

  2. Boeing Awarded $43 Million to Develop an Autonomous Submerging Watercraft

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    Boeing to Develop an Autonomous Submerging Watercraft

    Echo Voyager, photo by Boeing

    Weapon systems never seize to evolve into smarter, more effective, and more sophisticated marvels of engineering. In the recent years, the focus has shifted on autonomously flying drones and augmented reality suites, but that’s not all of it. The U.S. Navy is reportedly developing a pioneering watercraft that will be able to get submerged, opening up a whole host of new utilization opportunities that make America’s foes nervous. According to revelations made by Captain Pete Small, who also happens to be the Naval Sea Systems Command program manager for unmanned maritime systems, the U.S. Navy is working in collaboration with Boeing on a $43 million program that aims at the development of a highly versatile, weapon-equipped underwater submerging unmanned vehicle (UUV).

    This new watercraft will be completely autonomous, will feature high-precision navigation, and will be able to endure damage from other weapon systems as well as the environment of course. The program’s first phase will yield four UUVs of this type, and depending on the first operational results; it will get renewed and extended. From the operational value perspective, the new watercrafts will be able to travel afar, deploy sensors in strategic positions, or even deploy other smaller UUVs that are specialized in surveillance and intelligence data collection. The Navy is expected to treat these new UUVs like small submarines, as they will be deployable from a ship’s well deck or the shore. With a diameter of about 7 feet (about two meters), those watercrafts will undoubtedly be very versatile in all kinds of operations.

    Boeing will carry out the hull, propulsion, and instrumentation design, as they know how to make them well-performing while keeping the costs low. They have already materialized quite a few submersible vehicles for the U.S. Navy in the recent past, and the experience that they have gathered from the research and development process is both invaluable and unique at a global scale.

  3. Boeing To Take Three Charges Totaling $2.05 Billion as Part of Its Second-Quarter Earnings

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    Boeing will take three charges encompassing $393 million for the company’s KC-46 re-fueling tankers, $847 million for the 787 Dreamliners, and $814 million for the 747 program.

    The charges Boeing will take add up to $2.05 billion total, as part of the company’s second-quarter earnings.

    The 747 charge comes as a result of an adjustment in future delivery assumptions, the Dreamliners charge is due to the company’s re-classifying two program planes as R&D planes, and the re-fueling tankers is the fourth charge Boeing has taken on the program.

  4. Boeing Cutting 4,000 Jobs In an Effort to Reduce Costs as It Competes With Airbus

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    Wiki Commons

    Wiki Commons

    In an effort to reduce costs, Boeing is cutting 4,000 jobs through normal attrition, voluntary buyouts and leaving open positions unfilled.

    Citing softer demand for aircraft, in addition to Boeing’s need to keep up with rival Airbus, the jobs cuts will encompass approximately 2% of its worldwide staff.

    Company spokesman Doug Adler said, “We’ll only use involuntary layoffs as a last resort.”

    In total, Boeing has wiped out 13,000 jobs since the end of 2012, and also plans to cut commercial jet deliveries by about 20 in 2016.

    The 737 MAX continues to be the best selling jet Boeing currently has in its lineup.

  5. Boeing Forecasts a $730 Billion Aircraft Market in Middle East Over the Next 20 Years

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    737-MAX8 Artwork (Boeing)

    737-MAX8 Artwork (Boeing)

    Boeing is predicting that the Middle East will require 3,180 new aircraft over the next two decades, which translates into roughly $730 billion.

    The U.S. aircraft manufacturer sees 70% of that demand driven by “rapid fleet expansion in the region.”

    Boeing’s forecast predicts that that the largest share of future demand will be in single-aisle aircraft, such as its 737 MAX, estimating that Middle East carriers will need approximately 1,140 of those aircraft.

    In its announcement, Boeing expresses, “These new airplanes will continue to stimulate growth for low-cost carriers and replace older, less-efficient airplanes.”

    “Traffic growth in the Middle East continues to grow at a healthy rate and is expected to grow 6.2 percent annually during the next 20 years,” said Randy Tinseth, Vice President, Marketing, Boeing Commercial Airplanes.

    “About 80 percent of the world’s population lives within an eight-hour flight of the Arabian Gulf. This geographic position, coupled with diverse business strategies and investment in infrastructure is allowing carriers in the Middle East to aggregate traffic at their hubs and offer one-stop service between many city pairs that would not otherwise enjoy such direct itineraries.”

  6. Boeing Lowers Guidance After Cruising Past Earnings Expectations For Q2

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    Wikimedia Commons

    Wikimedia Commons

    Boeing lowered its guidance for EPS to a range of $7.70 – $7.90, from $8.20 – $8.40 for the rest of the year after crushing second-quarter earnings expectations.

    The aerospace giant reported an 11% increase in revenues to $24.5 billion due to “record commercial deliveries” before the marked opened today.

    CEO Dennis Muilenburg said in the earnings statement: “Record commercial airplane deliveries to customers worldwide drove solid revenue growth, and the strength of our overall portfolio and diligent focus produced significant operating cash flow during the quarter.”

    “Strong operating performance across our commercial and defense production programs partially offset the tanker charge and enabled us to maintain our commitments to return cash to our shareholders and invest in innovation and our people.”