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8-K

Boeing Co (BA)

8-K 2021-07-13 For: 2021-07-13
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UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 13, 2021

THE BOEING COMPANY
(Exact name of registrant as specified in its charter)
1-442
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Commission file number
Delaware 91-0425694
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(State or other jurisdiction of<br>incorporation or organization) (I.R.S. Employer Identification No.)
100 N. Riverside Plaza, Chicago, IL 60606-1596
(Address of principal executive offices) (Zip Code)
(312) 544-2000
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(Registrant's telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon Stock, $5.00 Par ValueBANew York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

In connection with its periodic deliveries announcement, The Boeing Company provided an update on the 787 program. A copy of the press release is furnished as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit<br>Number Description
99.1 Press Release dated July 13, 2021
104 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

THE BOEING COMPANY
By: /s/John R. Phillips
John R. Phillips
Vice President and Corporate Secretary
Dated: July 13, 2021

Document

Exhibit 99.1

boeingpressreleaseimage.jpg

Boeing Announces Second-Quarter Deliveries

•Company provides 787 program update

CHICAGO, July 13, 2021 - The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the second quarter of 2021.

“We continue the work to deliver on our commitments to our commercial, defense, space and services customers, while positioning our business for a stable and strong recovery from the pandemic. In the second quarter, we made progress in safely returning the 737 MAX to service in more international markets and increasing the pace of 737 deliveries,” the company said.

As Boeing has previously shared, the company has been engaged in detailed discussions with the FAA on verification methodology for 787 fuselages, and conducting associated inspections and rework. In connection with these efforts, the company has identified additional rework that will be required on undelivered 787s. Based on our assessment of the time required to complete this work, Boeing is reprioritizing production resources for a few weeks to support the inspection and rework. As that work is performed, the 787 production rate will temporarily be lower than five per month and will gradually return to that rate. Boeing now expects to deliver fewer than half of the 787s currently in inventory this year.

“We will continue to take the necessary time to ensure Boeing airplanes meet the highest quality prior to delivery. Across the enterprise, our teams remain focused on safety and integrity as we drive stability, first-time quality and productivity in our operations,” the company added.

Major program deliveries during the second quarter were as follows:

Major Programs 2nd Quarter 2021 Year-to-Date 2021
Commercial Airplanes Programs
737 50 113
747 1 2
767 8 13
777 8 14
787 12 14
Total 79 156
Defense, Space & Security Programs
AH-64 Apache (New) 6 15
AH-64 Apache (Remanufactured) 16 31
CH-47 Chinook (New) 3 6
CH-47 Chinook (Renewed) 1 4
F-15 Models 5 8
F/A-18 Models 7 11
KC-46 Tanker 2 4
P-8 Models 3 6
Commercial and Civil Satellites
Military Satellites
Note: Delivery information is not considered final until quarterly financial results are issued.
Contact: Maurita Sutedja (312) 544-2140 (Investor Relations)
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Keely Moos (312) 544-2140 (Investor Relations)
Michael Friedman media@boeing.com (Communications)
Bernard Choi media@boeing.com (Communications)