Risk Factors Update Summary
- FAA initiated an investigation into quality control system, leading to increased oversight actions.
- FAA will not approve production rate increases or additional production lines submitted before December 27, 2020.
- Cybersecurity threats could result in loss of intellectual property, disruption of business operations, and reputational harm.
- Increased risks associated with meeting development, testing, certification, and production schedules for new aircraft programs.
- Increased risks of delays in achieving certification and incorporating safety enhancements due to supply chain disruptions.
- Production quality issues contributed to lower 787 deliveries, including a suspension from May 2021 to August 2022.
- Increased costs or reputational risks due to stringent aircraft performance standards and sustainability disclosure requirements.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=12927&owner=exclude
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