Fleet wide aircraft readiness rates have remained consistent over the last two decades, but not the cost to operate and maintain the aircraft. “Our costs have increased pretty significantly just to attain those mission capable rates,” Faykes said. In the last decade alone, said Faykes, the cost to maintain readiness climbed 87 percent. An older fleet is requiring more and more money to keep in the sky.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.