Boeing's Billion-Dollar Drone Tanker Program Takes Flight.

News just in ....
Jul 17, 2021 at 7:07AM
------- I anticipate QHL would surely win contacts from this program. --------
Boeing's Billion-Dollar Drone Tanker Program Takes Flight.
A new $155 million drone could generate $11.1 billion in sales for Boeing.
Boeing's new drone conducted its first successful refueling in June.Production of the drone could begin as early as 2023.Costs are falling, yet the drone still yields revenue of $11.1 billion for Boeing.Three years ago Boeing (NYSE:BA) landed an $805 million development contract to build MQ-25A "Stingray" drones for the U.S. Navy, with the promise of billions more as the Navy built out a fleet of 76 of the remotely piloted, carrier-capable aerial refueling aircraft. Over the last three years, Boeing has developed and tested the new drone tanker, conducted "extensive simulations of aerial refueling," and run a total of 25 actual test flights. Last month, all that hard work paid off with the successful completion of the first-ever successful in-air refueling of a Navy fighter jet from an unmanned drone -- setting the stage for Boeing to collect the rest of its billions in revenue.
What comes next In this next stage, the T1 will be shipped to Norfolk Naval Station in Virginia later this year to undergo "deck handling trials" aboard a U.S. Navy carrier. Meanwhile, Boeing will get to work developing an even more advanced "engineering and manufacturing development" (EMD) prototype that will be specifically designed to conduct take-offs and landings at sea, including ensuring that the aircraft is resistant to corrosion in a salt water environment.The first such EMD prototype is expected to be flying by 2022, and if all goes well, low-rate initial production of the drone could begin as soon as 2023, with full-rate production scheduled to start in 2026.
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Go QHL !! get on board because the QHL rocket is about to lift off. Houston ... we are ready for countdown !