Boeing 2011 Annual Report Download - page 140

Boeing Capital Corporation Michael J. Cave, President, Renton, Washington, USA
Boeing Defense, Space & Security continued
Selected Programs, Products and Services
128
Boeing Capital is a global provider of innovative
financial solutions. Drawing on its comprehensive
expertise, Boeing Capital arranges, structures
and, where appropriate, provides financing for
commercial and government customers around
the world. Working with Boeing’s business units,
Boeing Capital is committed to helping Boeing
customers obtain efficient financing for its prod-
ucts and services. To ensure adequate availability
of capital for aircraft financing, Boeing Capital
is leading efforts to improve the international
financing infrastructure and engage financiers
in a comprehensive investor-outreach program.
With more than four decades of experience in
structured financing, leasing, complex restructur-
ing and trading, Boeing Capital’s team brings
opportunity and value to its financial partners
and influences investors on the strong product
and asset value represented by Boeing aircraft.
As of December 31, 2011, Boeing Capital owned
or had interest in 280 airplanes as part of its
$4.3 billion portfolio.
Standoff Land Attack Missile Expanded
Response (SLAM ER) Missile
The SLAM ER missile provides over-the-horizon,
precision strike capability for the U.S. Navy day
or night and in adverse weather conditions. The
only air-to-surface weapon that can engage fixed
Training Systems & Services (TS&S) Boeing provides a full range of training capabili-
ties and customer-focused solutions to directly
enable mission readiness. Worldwide, TS&S
has more than 2,800 employees dedicated to
delivering cutting-edge training solutions, custom
software development, engineering and technical
services. Our years of expertise, global infrastruc-
ture, research facilities and customer knowledge
help ensure the very highest levels of readiness
for our customers.
United Launch Alliance (ULA) Using the combined assets of the Boeing Delta
and Lockheed Martin Atlas launch vehicle
programs (including mission management, sup-
port, engineering, vehicle production, test and
launch operations, and people), UL A’s primary
mission is to provide satellite launch services
to the U.S. government. The joint venture also
launches commercial missions on behalf of
Boeing Launch Services.
Unmanned Airborne Systems (UAS) Boeing’s unmanned programs provide customers
with battlefield, logistics and surveillance options
including the A160T Hummingbird (shown at left),
the H-6U Unmanned Little Bird, and, through
a marketing agreement with Austria’s Schiebel
Industries, the S-100 produced by Schiebel.
Insitu, a wholly owned Boeing subsidiary, designs,
develops and manufactures high-performance,
cost-effective unmanned vehicles such as
ScanEagle and Integrator. Boeing and Insitu’s
technology and related support systems provide
important tools that deliver critical data or strike
capacity to the warfighter precisely when and
where they are needed.
V-22 Osprey Produced under 50-50 strategic alliance between
Boeing and Bell Helicopter, a Textron Company,
the tiltrotor V-22 Osprey combines the speed and
range of a fixed-wing aircraft with the vertical
flight performance of a helicopter. Bell Boeing is
presently on time and under budget in success-
fully executing its first multiyear procurement
contract, which includes fiscal years 2008 –2012
and calls for the production of 174 aircraft: 143
MV-22 variants for the U.S. Marine Corps and 31
CV-22s for the U.S. Air Force Special Operations
Command. At present, more than 160 aircraft
assigned across 10 Marine Corps and two Air
Force Special Operations Command Osprey
squadrons are operational; the two services have
together logged 16 successful deployments since
20 07. The current program of record calls for a
total of 458 V-22 Ospreys, including 360 for the
Marine Corps, 50 for the Air Force Special
Operations Command and 48 for the U.S. Navy.
2011 deliveries: 34
Wideband Global SATCOM (WGS)
As the U.S. Department of Defense’s highest-
capacity military communications satellite system,
WGS addresses the military’s need for high data-
rate communications. All three Block I satellites
have been launched into orbit and are performing
their missions. The fourth satellite, the first in the
Block II series, launched in 2012 and includes
enhancements that provide additional bandwidth
required by airborne intelligence, surveillance and
reconnaissance platforms. The next two WGS
satellites (Block II) are scheduled for launch in 2013.
In 2011 and in 2012, the U.S. Air Force exercised
options on the existing Block II follow-on contract
for the seventh, eighth and ninth WGS satellites.
The current contract includes options for up to
three additional WGS satellites, through WGS-12.
X-51A WaveRider The X-51A WaveRider program is a consortium of
the U.S. Air Force, Defense Advanced Research
Project Agency, Pratt & Whitney, Rocketdyne and
Boeing to demonstrate hypersonic flight capability.
The X-51A is designed to demonstrate a scalable,
robust endothermic hydrocarbon-fueled scramjet
propulsion system in flight, high-temperature
materials, airframe/engine integration and other
key technologies within the hypersonic Mach 4.5
to 6.5 range. The X-51A is setting the foundation
for several hypersonic flight applications, including
access-to-space, global reach, reconnaissance-
strike and commercial transportation. During its
initial test flight in May 2010, the vehicle success-
fully flew at Mach 5 for approximately 200 seconds.
A second test flight in 2011 provided significant
additional hypersonic research data. Two vehicles
remain for future test flights.
or moving targets on land and at sea, SLAM ER
provides an effective, long-range, precision-
strike option for both preplanned and target-of-
opportunity missions.
73417bo_122-130 128 3/7/12 3:16 PM