Boeing 2005 Annual Report Download - page 12

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Boeing Integrated Defense Systems
Our Integrated Defense
Systems businesses
continued strong opera-
tional performance in an
increasingly dynamic
environment.
Integrated Defense Systems
continued to deliver industry-
leading earnings from opera-
tions in 2005 on a balanced
portfolio of defense, intelli-
gence and space programs.
By anticipating and adjusting
to the current market environ-
ment and through our ongoing
efforts to bring together the
best of Boeing and global
industry, we continue to main-
tain an $80 billion backlog, the
largest in our industry.
Key accomplishments on
development programs
demonstrated a strong focus
on execution. On the U.S.
Army’s Future Combat System
program, we completed the
System of Systems Functional
Review last year, meeting
100 percent of more than 200
closure criteria. For the U.S.
Navy, we’re combining the
performance and reliability of
the Boeing 737 with the capa-
bilities of our defense and
electronic systems to deliver a
superior surveillance aircraft,
the P-8A Multi-mission
Maritime Aircraft. On the
EA-18G program, our Navy
customer rewarded us with
outstanding award fees as the
program continues to make
excellent progress on all per-
formance requirements on
schedule and under budget.
We are also performing well
on production and support
Moderating defense budgets,
and current military operations
in Iraq and Afghanistan, as
well as the ongoing global war
on terror, are putting a pre-
mium on delivering affordable
solutions to today’s warfighter.
We are responding to the cur-
rent environment by working
with our customers, partners
and suppliers to drive Lean
principles across current
development and production
programs. We are also work-
ing to develop products and
services in the most effective
ways possible by ensuring the
right technologies and pro-
cesses are on hand to deliver
cost-effective solutions
needed for the future.
We also expect that the U.S.
Department of Defense will
respond to moderating
peerless performance
programs. We delivered 42
F/A-18 Super Hornets and 16
C-17 Globemasters, and we
continue to be well ahead of
contract schedule on both
programs. The first of 40
F-15K strike fighters were
flown to the Republic of
Korea, and we captured an
order for 12 F-15SGs for
Singapore. Working closely
with our U.S. Army customer,
we’ve returned 20 Apaches to
the U.S. inventory within an
average of 64 days after the
aircraft returned from service
in Afghanistan and Iraq.
We see three areas for
future growth: networking
and space systems,
support and sustainment,
and precision engage-
ment and mobility.
1010
defense budgets by selectively
bringing on new systems and
placing greater emphasis on
supporting and sustaining
today’s fighting force and sys-
tems. We are working with
customers and developing
leaders with the skills and
knowledge to leverage new
and emerging networking
technologies that will make
existing platforms such as the
F-15 Eagle, F/A-18 Hornet,
C-17 Globemaster III, AH-64
Apache and CH-47 Chinook
more capable and valuable in
the future. Those enhance-
ments position us well to meet
the near- and mid-term preci-
sion engagement and global
mobility requirements of our
customers.