Boeing says it will follow US policy on Iran
Boeing said on 8 May it will continue to take its cue from US government policy on sales to Iran after President Donald Trump announced the US would withdraw from the Iran nuclear pact.
'Following today's announcement, we will consult with the US government on next steps,' said Gordon Johndroe, a VP of government operations communications.
'As we have throughout this process, we'll continue to follow the US government's lead.'
The statement was released by the aerospace giant shortly after Trump's remarks again lambasting the 2015 agreement as 'defective at its core.'
Boeing chief executive Dennis Muilenburg said last month the company has delayed deliveries of 777 planes to Iran amid the Trump administration's reconsideration of the nuclear deal.
After lengthy negotiations and tight oversight by the Obama administration, Boeing in December 2016 announced a landmark agreement to sell Iran Air 80 aircraft valued at $16.6 billion.
The aircraft had been expected to be delivered starting in late 2018.
However, Muilenburg said financial targets this year had not accounted for plane deliveries to Iran.
Boeing also had announced a contract in April 2017 to sell Iran Aseman Airlines 30 Boeing 737 MAX aircraft for $3 billion, with purchase rights for another 30 aircraft. Deliveries were to begin in 2022. Shares of Dow member dropped 0.8 percent to $337.72 in afternoon trading
More from Defence Notes
-
![UK Chancellor commits £2 billion to make the country a “defence industrial superpower”]()
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
![Launch of Gilat Defense targets DoD market]()
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
-
![Collins MAPS Gen II to equip US DoD watercraft]()
Collins MAPS Gen II to equip US DoD watercraft
US services have already conducted multiple tests with military maritime systems fitted with the system.
-
![OCCAR expects substantial boost in programme numbers “in the coming months”]()
OCCAR expects substantial boost in programme numbers “in the coming months”
Europe’s Organisation for Joint Armament Cooperation (OCCAR) “has to establish itself…as a centre of excellence for cooperative Defence Equipment Programmes” in the face of growing threats and the need for rearmament, according to the organisation’s chairman.
-
![MBDA CEO emphasises “moment of truth” for Europe as company sees €37 billion backlog]()
MBDA CEO emphasises “moment of truth” for Europe as company sees €37 billion backlog
MBDA CEO Éric Béranger stressed the company’s role supporting European countries with complex weapon systems and focused on boosting production against the backdrop of “shifting” geopolitical alliances.
