YouSaid · the spoken record

Dennis Muilenburg

lines on the record: 29
first: 2018-08-09
most recent: 2018-08-09
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“They did. My father passed away a couple years ago, but he lived a long, robust life, and my mom is still around. And I'm never quite sure they knew exactly what I did. And when I started at Boeing, of course, coming from the farm, I started Boeing as an engineer, and my dad would often ask me, say, so Dennis, how did you go today? What'd you do? And I describe it. He would kind of get it. I was designing airplanes. It was real stuff. And then as I got more elevated positions, got to executive positions, he asked me the same questions. I said, Dennis, what'd you do today? And I describe it. And I was excited about it. And he would pause and say, well, Dennis, what did you actually do today? It was a good reminder”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“And things I learned from my dad, who was never a businessman, but they apply in the business world. And I think sticking to those fundamentals and always reminding yourself the importance of integrity, your reputation, how you treat others, and then having an element of being able to inspire those that work around you. And we try to codify those at Boeing in what we call our enduring values and our Boeing behaviors. But they get back to those fundamentals of who you are as a person and how you treat others.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I thought nobody else ever asked that. That's a good question. Well, you know, when I look at all the dimensions of being a leader, frankly, it goes back to a lot of what I learned growing up on that farm in Iowa. I learned a lot from my parents and the value of hard work, integrity, how you treat other people, how we respect others, our willingness to bring diverse ideas to the table. Those all sound simple.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“We don't see the current tariffs as having a material effect on our business, but it is something we're watching because it's the broader question of trade relationships and effective trade agreements around the world.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“Right now, trade policy is a really important item for us. And as we think about effective trade agreements around the world, and certainly we want a level playing field around the world, we want to be able to compete and win. We have about 90% of our manufacturing here in the U.S., but we sell about 70% of our products outside the U.S. So think about trade surplus. The aerospace sector creates the biggest trade surplus of any sector in the country. And so we need trade agreements that allow us to compete globally, to sell globally, and that's part of what creates U.S. manufacturing jobs. So that's an area of discussion, active discussion right now.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“It's the economic hurdle that goes with it. That airplane was never economically viable on its own to fly supersonic, you burn two to three times as much fuel. I do envision a day where not only will we see commercial airplanes that look like today's airplanes, but we'll see high-speed airplanes that connect any two cities in the world in about two hours. And then we'll see that span up to space tourism. And eventually we'll see an economically viable space ecosystem in low Earth orbit. And you'll see an intersection between commercial air travel, high-speed travel, and space travel. And that's all going to evolve over the next couple of decades.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I think this is the most exciting time in our country space program in decades. And we're literally working on things now that are bigger than the Apollo program. I'm not sure it's as well known across the country, but we are in the midst of a space transformation in this country. And the commercial entrance here are adding energy. We're building a new CST 100 star liner, which will be the first American-made capsule to get us back to the space station. And we're building the new rocket to Mars with NASA. And this new space launch system, it's a rocket that's about 38 stories tall.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“When you design these planes again, our airline customers typically select the laboratory geometry. And we support that. I will say if you'd like to get a BBJ, we could tailor the laboratory for you.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, we're going to continue to have a strong need for pilots. In fact, pilots are in short supply worldwide for commercial airplanes. That said, we're also continuously working on these autonomous vehicle technologies. So there's a lot of automation already in today's airplanes that can assist the pilot. And that technology continues to mature rapidly. So we're building it into our future airplanes.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“We have great test pilots. And it's nice to go up on one of these tests because you kind of get calibrated. They get you accustomed to the airplane.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“It's fantastic. In a fighter jet, it's not really a barrel roll. It's more of a snap roll. But yeah, we had the chance to go up and do a few maneuvers.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I've had a couple of flights in the F-15 Eagle backseat, right? So flying with a Boeing pilot, but I've had a chance to fly in the F-15 Eagle and in our F-18 superhornet. I've flown an Apache helicopter, a few others too. It's one of the great parts of this job, so I occasionally get to fly.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“Combat operations or Air Force operations obviously the skill of the pilot, the receiver of the fuel is important. And then the new advanced systems on the new tanker assist with that. So the refueling boom is more than 50 feet long. It extends out of the back of the airplane. It has wings on it, so you actually fly it. And there's an operator inside the tanker that flies the boom to the airplane and makes the connection. We've done more than 2,500 connections during the test program already. So that's part of certifying the tanker.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, we've had some challenges in the development program, so we're behind the original schedule, but we are on the cusp now of delivery. So I'm excited to see this happen.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, we know that future competitors are coming without question. And the great thing is we have a very strong marketplace. There's about a $7.6 trillion marketplace over the next 10 years. It's a growing industrial marketplace. It's a marketplace that creates manufacturing jobs and technology ripple benefit. China is clearly emerging as a very important commercial market for us. They are also a future competitor. So the art of this business is to collaborate and compete. And competition is going to make us better. The point that the world is pursuing the aerospace market just causes us to continue to invest in innovation. We win because we continue to invest in innovation.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I've flown on him. It's not something I spent a lot of time pursuing. But I would suggest if you were to survey the crowd, people that have flown on both Airbus and Boeing, generally the reports I hear, people like flying on a Boeing airplane.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“We're proud of the fact that we build and support Air Force One. It's a really important mission. The airplanes that are flying today are old 747-200s, actually delivered under George H.W. Bush's administration. They're that old. Oldest 747 is flying. And we're proud to keep them flying. And so the two new 747-8s, the latest version of the 747, were just procured, and those will be modified and become the new Air Force One over the next few years.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“No, and it really wasn't even my construct around that program. But in four years we went from roughly a clean sheet of paper to flying two X-32 prototypes. And clearly disappointed that in the end we didn't win, but I learned a lot as a leader. And sometimes when things don't work out, you learn even more. I can tell you the technology benefit from that program, the talent benefit, how those people then subsequently spread out to the rest of Boeing. It created a benefit that's lasted for decades.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“But David, frankly, I never worried too much about that. So I was thrilled to go work at the world's best aerospace company. I wanted to be a great designer of airplanes. I had the chance to work with a lot of great teams along the way. And I always tried to find the hardest things to work on and just concentrate on knocking that job out of the park. And that may not sound like much of a career strategy, but it worked out.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“It was at that time one of the larger aerospace engineering schools in the country continues to be. It does have some Boeing connections too. TA Wilson, who was one of Boeing's previous CEOs, he went to Iowa State, and I actually, when I went there, managed somehow to get his scholarship. And that led to an opportunity for a Boeing internship. So between my junior and senior years at Iowa State, I did an internship at Boeing in Seattle, and I got hooked. Been there ever since.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“Morning, I had the milk cows. We milked our own cows for our family's consumption. So that was part of my... Chores in the”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“We had a large crop farm. Mostly we raised corn, soybeans, alfalfa, and we had a lot of livestock. Cattle, pigs, chickens.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“Did up in northwest Iowa, just outside of a little town called Sioux Center and grew up on a farm working on my dad's farm.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“So we plowed a lot of those savings back into innovation and R&D, and we spent billions of dollars every year on R&D investment here in the U.S. Another big thing we did is immediately upon passage of the bill, we announced an investment of $300 million in our workforce and workplace. So that includes $100 million in training for our employees, $100 million in infrastructure for the future, workspaces, and then $100 million in community giving, which is perhaps the most important part of that. And that $100 million in community giving, in fact, today, we're going to be announcing the fact that we're identifying 54 million of specific grants, and we're adding another $5 million to our investment in the Kennedy Center. Thank you very much. All of that is being announced.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I tell you what, this is a really strong marketplace. When I look at big industrial markets around the world, aerospace market, I think, is the strongest, and one of the big drivers behind that is the population that's now entering the middle class and has the ability to fly. We have 100 million new passengers every year in Asia, new passengers. And our estimates are that less than 20% of the world's population has even taken a single flight. So tremendous growth opportunity ahead. And then, as you said, strengthen the defense budget as well.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“We're 102 years this year, so we celebrated our centennial 2016. We did a big celebration event at the Red Barn facility, which is where the Boeing Company started back in 1916”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I've been riding for probably 20, 25 years, seriously. I often travel with my bike and I can drum up some Boeing riders at almost any one of our sites. We hand out Boeing jerseys. It's a great way to get out with the team.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I ride more than 10,000 miles a year, so I'm safety conscious, and that's a well-honed skill. And one of the things we take pride in at our company is our safety record, and I try to apply the same thing when I'm riding. And it's a great way to relax and think. And frankly, I think taking time to exercise and ride my bike makes me better as a leader. And I try to encourage that in our team as well.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source
“I have thought about that, and actually I ride closer to 140 a week. Yeah, and with that correlation, I'm thinking I should start writing 200 a week.”
2018-08-09 · The David Rubenstein Show · Dennis Muilenburg · IDENTIFIED FROM THE TRANSCRIPT · source