March 10, 2014 / 6:24 PM / 4 years ago

Boeing's Muilenburg says confident about $25 billion in deferred 787 costs

NEW YORK (Reuters) - Boeing Co (BA.N) Chief Operating Officer Dennis Muilenburg said on Monday that the company remains very confident about its estimated $25 billion in deferred costs for its 787 Dreamliner.

    He said the deferred cost balance will begin to decline as the company hits a 12-a-month production rate for the high-tech jet, which Boeing has said it expects to reach in mid-2016.

    Reporting by Alwyn Scott

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