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33
million on the KC-46A Tanker program. In addition, F-15 program revenues were $450 million higher
reflecting initial revenues on the contract for the Kingdom of Saudi Arabia partially offset by lower F-15
deliveries. These increases were partially offset by decreases of $723 million related to fewer deliveries
of C-17 aircraft in 2012 and the conclusion of the KC-767 International Tanker program in 2011.
Deliveries of units for new-build production aircraft, excluding remanufactures and modifications, were as
follows:
Years ended December 31, 2013 2012 2011
F/A-18 Models 48 48 49
F-15E Eagle 14 8 15
C-17 Globemaster III 10 10 13
CH-47 Chinook 44 51 32
AH-64 Apache 37 19
AEW&C 33
P-8 Models 11 5
KC-767 International Tanker 3
Total new-build production aircraft 164 144 115
Earnings From Operations
BMA earnings from operations in 2013 decreased by $24 million compared with 2012 primarily due to
lower earnings on the AEW&C and higher 2012 earnings related to the initial revenues on the Saudi F-15
program. The lower earnings were partially offset by higher earnings on the P-8 and Apache program due
to increased deliveries and higher revenues. Net favorable cumulative contract catch-up adjustments were
$146 million lower in 2013 than in 2012, primarily driven by less favorable adjustments to the F-15 program
and unfavorable adjustments to the AEW&C program. In the third quarter of 2013, we decided to end
production of C-17 aircraft in 2015. See Note 11. Also in the third quarter of 2013, we recorded a charge
of $64 million to write off inventory and accrue termination liabilities as a result of The Republic of Korea's
announcement that it will restart its F-X fighter aircraft competition.
BMA earnings from operations in 2012 increased by $58 million compared with 2011 primarily due to higher
aircraft deliveries on the P-8A and Apache programs and reach-forward loss provisions in 2011 on the
KC-767 International Tanker program. These increases were partially offset by fewer aircraft deliveries on
the C-17 program and higher research and development costs. The increase in earnings includes net
favorable cumulative catch-up contract adjustments which were $139 million higher in 2012 compared
with 2011 primarily reflecting favorable adjustments on the F-15 and Chinook programs.
Backlog
BMA total backlog was $35,424 million at December 31, 2013, reflecting a decrease of 8% from December
31, 2012 primarily due to revenues recognized on F-15, F-18 and C-17 program contracts awarded in
prior years, partially offset by CH-47 Chinook and V-22 Osprey multi-year contract awards. BMA total
backlog in 2012 increased by 25% from 2011, primarily due to F-15 and C-17 orders.
Additional Considerations
C-17 See the discussion of the C-17 program in Note 11 to our Consolidated Financial Statements.
KC-46A Tanker See the discussion of the KC-46A Tanker program on page 23.