Boeing Increases 787 Dreamliner Production

(Reuters) – Boeing (NYSE:BA) announced plans to increase production of its 787 Dreamliner widebody jets to 10 planes per month by 2026.

Expansion Plans

The planemaker aims to expand operations at its Charleston County, South Carolina facility with a $1 billion investment in infrastructure upgrades and the creation of 500 new jobs.

Current Challenges

Boeing is working to ramp up 787 production to five jets per month by this year's end but has faced supply-chain issues that have led to delays.