Boeing employees walk a new 787-10 Dreamliner down towards the delivery ramp area at the company’s facility in South Carolina on March 31. (AP Photo/Mic Smith)

Boeing deliveries were lower than expected in first quarter

EVERETT — The Boeing Co. delivered 169 commercial jets in the first three months of the year. That is lower than in recent years, but close to the pace typically set by the company at the beginning of the year.

The drop compared to recent years is due to aircraft programs still in development. Boeing workers assembled several 737 MAXes and KC-46 aerial refueling tankers. However, both airplanes are still in testing.

The 169 deliveries are about 22 percent of Boeing’s year-end target of 760 to 765 jet deliveries. That is not far off the company’s pace during the first three months of the year, when it typically delivers 23 percent of its annual total, Matthew McConnell, an investment analyst for RBC Capital Markets, said in a research note to clients.

The company’s popular single-aisle 737 made up the bulk of deliveries with 113.

Next was the 787 with 32 deliveries. Boeing delivered 21 777s, 2 767s and 1 747. The 747 is operating under a lease.

Boeing Defense, Space & Security delivered 16 AH-64 Apache attack helicopters, 12 CH-47 Chinook heavy helicopters, 3 F-15 fighters, 6 F-19 fighters, 4 P-8 submarine hunters and 1 commercial or civil satellite.

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