November 18, 2004
Boeing gets Russian help on 7E7 Ken Vandruff
The Boeing Co. is turning to Russian engineers to help design a modified 747 to carry parts of the new 7E7 Dreamliner to final assembly.
The company entered a five-year strategic partnership agreement with the Russian Ministry for Industry and Energy. The details were disclosed after a visit to Moscow by Boeing (NYSE: BA) CEO Harry Stonecipher.
Under the agreement, more than 350 engineers will work with the Boeing design center in Moscow to develop a special 747 freighter that can carry the wing and fuselage assemblies of the 7E7 from various subcontractors around the world to Boeing's final assembly plant in Everett, Wash. Major assemblies for the 7E7 will be produced in Japan, Italy and Boeing Wichita.
The modified 747 must be ready to fly in 2006 when Boeing plans to start production on the Dreamliner.
The deal also allows Boeing to acquire more Russian-made titanium.
Boeing is hoping the agreement will ultimately lead to Russian orders for the 7E7.
Not that surprising. The Russians have designed and built and build some REALLY HUGE, good cargo carriers.