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The Boeing Company (BA) Wolfe Research 16th Annual Global Transportation & Industrials Conference (Transcript)

May 25, 2023 11:45 AM ETThe Boeing Company (BA)1 Comment
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The Boeing Company (NYSE:BA) Wolfe Research 16th Annual Global Transportation & Industrials Conference May 25, 2023 9:10 AM ET

Company Participants

Brian West - Chief Financial Officer

Conference Call Participants

Myles Walton - Wolfe Research

Myles Walton

Great. I think we're good to get started. So welcome back. It's a pleasure to have with us from The Boeing Company, Brian West, the company's Chief Financial Officer. I'm Myles Walton, the aerospace defense analyst here at Wolfe Research. So welcome to day three, the final day.

And with that, I think, Brian, you have some opening remarks or an opening comment perhaps.

Brian West

Probably just to reference the forward-looking statement disclosure thing. I think that's about all I had in my opening remarks. But otherwise, it's great to be here.

Myles Walton

All right. Awesome. That's a good opening remark. The lawyers will be happy. So let's kick it off with this year, look to the present, we'll look to the medium term and then we'll go and dive into each of the businesses. So the present this year, you look forward to a $3 billion to $5 billion free cash flow target. Some things have gone your way, some things haven't. I know front and center in a lot of people's minds is the fitting issue on the 737. So maybe update us on that as well as other moving pieces to the current year free cash flow outlook.

Brian West

Sure. So $3 billion, $5 billion is the number for this year. And when you put any plan together, there are going to be some things that are pressures and opportunities, and let's talk about a couple of the pressures.

First one is the 737 fuselage escape that we talked about last month. It is on track with everything

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Comments (1)

Very good conference. BA is poised for serious growth. Much good news contained in the interview.
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