In 2014, Boeing purchased more than $5 billion of goods and services in Japan, supporting tens of thousands of aerospace jobs. With this agreement in place, the company expects to purchase a total of approximately $36 billion of goods and services from Japan between 2014 and the end of the decade.
"This agreement with our Japanese partners extends this important and strategic relationship for decades to come," said George Maffeo, president, Boeing Japan. "Since announcing our MOA last year, we have already seen their considerable investment in new cutting-edge facilities to produce the 777X and meet rate increases on other Boeing airplane programs. We thank them for their partnership as we continue to shape the future of the global aerospace industry together."
"We Japanese aerospace manufacturers first began working with Boeing on the 747SP. In the ensuing 50 years we have collaborated on every Boeing commercial airplane program and built a relationship that goes beyond that of a mere supplier," said Kiyotaka Ichimaru, JADC senior managing director. "This contract for the 777X program will strengthen our relationship even further and take us into a future of continued airplane development and production - together."
Building on the passenger-preferred and market-leading 777 family of airplanes, the 777X family includes the 777-8X and the 777-9X, both designed to respond to market needs and customer preferences. The 777X program currently has 306 firm orders from six customers. Production is set to begin in 2017, with first delivery targeted for 2020.
End