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Boeing Co Warns U.S. Shutdown Could Slow Jet And Defense Deliveries-Reuters

Wednesday, 2 Oct 2013 04:59pm EDT 

Reuters reported that Boeing Co is taking steps to deal with possible delays in jetliner deliveries, including its new 787 Dreamliner, caused by the federal government shutdown that has idled thousands of U.S. aviation officials needed to certify the planes. The delays, if they started, would likely affect the Companies newest models, such as the 787, and could affect development of other new models such as the stretched 787-9 derivative. Older models like the 737, which don't require significant engineering as part of the production, are less likely to be affected. Boeing's statement comes as other aerospace and defense companies are assessing their exposure to the shutdown. In cases where plants are operated in conjunction with government, such as the Abrams tank facility in Lima, Ohio, the furlough of workers such as government security guards could shut the factory, locking out the 900 private workers of General Dynamics. Boeing also announced that the delays depend on how long the shutdown lasts and would worsen if the budget impasse persists. It also would affect numerous programs and products in the Company's defense business. The slowdown would affect Boeing's 787 factory in North Charleston, South Carolina, because the FAA has held on to come of its airplane certification roles at that relative new factory. Boeing said it was taking steps to deal with potential delays, but declined to be specific. 

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