Boeing South Carolina Breaks Ground on 787 Site Expansion
Rhea-AI Summary
Boeing (NYSE:BA) broke ground on a Boeing South Carolina expansion to support 787 Dreamliner production growth. The project targets a production rate of 10 airplanes per month in 2026, involves more than $1 billion of investment, and aims to create over 1,000 new jobs across five years. The expansion adds a final assembly building (~1.2 million sq ft), parts prep, vertical fin paint, flight line stalls, and Interiors Responsibility Center capacity. Construction will employ >2,500 people and account for >6.2 million construction hours. The 787 backlog is nearly 1,000 airplanes after >1,200 deliveries and >2,250 orders to date.
Positive
- Production increase to 10 airplanes per month in 2026
- More than $1 billion committed to site expansion
- Plans to create > 1,000 new jobs over five years
- 787 backlog nearly 1,000 airplanes after 1,200+ deliveries
Negative
- Capital expenditure exceeds $1 billion, representing a large near‑term cash outflow
News Market Reaction
On the day this news was published, BA declined 0.96%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Expanded footprint to support future 787 production increases as global demand grows.
- Project to support 1,000 new jobs and more than
in investments.$1 billion
In late 2024, Boeing announced plans to expand and upgrade its site near
- A new final assembly building similar in size to the current final assembly building, which is roughly 1.2 million square feet, and will include airplane production positions, production support and office space.
- A parts preparation area facility, a vertical fin paint facility, Flight Line stalls and more at the Airport Campus.
- Additions to the Interiors Responsibility Center, where many of the 787's interior components are made.
The construction effort will employ more than 2,500 people with over 6.2 million construction hours from the joint venture of HITT Contracting and BE&K Building Group.
Ninety customers from around the world have placed more than 2,250 orders for the 787 Dreamliner family, making it the best-selling widebody passenger airplane of all time.
After more than 1,200 deliveries, the 787 backlog stands at nearly 1,000 airplanes, including more than 300 orders added just this year. In all, the commercial aviation industry is expected to need more than 7,800 new widebody airplanes over the next two decades, according to Boeing's Commercial Market Outlook.
"We continue to see strong demand for the 787 Dreamliner family and its market-leading efficiency and versatility. We are making this significant investment today to ensure Boeing is ready to meet our customer's needs in the years and decades ahead, said Stephanie Pope, president and CEO of Boeing Commercial Airplanes. "This site expansion is a testament to the incredible work of our Boeing teammates and deepens our commitment to them, to
For more than a decade, BSC has been the home of the full 787 Dreamliner production cycle. Teammates fabricate, assemble and deliver the three Dreamliner models – 787-8, 787-9 and 787-10 – to customers around the world. The company established operations in
"With visionary leadership, President Trump is restoring America's industrial base and breathing life back into our great manufacturing states, including the great state of
"Boeing's continued investment in
"Boeing's decision to dramatically increase production capability of the 787 in
"Today's groundbreaking represents a significant milestone not just for Boeing but for the state of
"The expansion of the Boeing plant in
Imagery will be available on the Boeing Media Asset Portal following the event by 4:00 p.m. Eastern.
About Boeing:
A leading global aerospace company and top
About BE&K | HITT Joint Venture:
HITT Contracting, a top national commercial construction firm with offices in 14 U.S. markets, including
Contact
Boeing Media Relations
media@boeing.com
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SOURCE Boeing