Boeing to complete production of C-17 Globemaster III in 2015

Boeing will complete production of the C-17 Globemaster III and close the C-17 final assembly facility in Long Beach, Calif. in 2015. “Ending C-17 production was a very difficult but necessary decision,” said Dennis Muilenburg, president and chief executive officer of Boeing Defense, Space & Security. Boeing will continue after-delivery support of the worldwide C-17 fleet as part of the C-17 Globemaster III Integrated Sustainment Program (GISP) Performance-Based Logistics agreement. The GISP “virtual fleet” arrangement provides the highest airlift mission-capable rate at one of the lowest costs per flying hour.