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

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[March 11, 2014]  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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