Boeing Blitzed By Pentagon Budget Recommendations | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Airborne-YouTube

Airborne 12.11.17

Airborne-Unmanned 12.12.17

Airborne 12.13.17

AMA Drone Report 12.14.17

Airborne 12.15.17

Wed, Apr 08, 2009

Boeing Blitzed By Pentagon Budget Recommendations

Stands To Lose Billions In Defense Work

If it's bad news for Boeing, it's bad news for Seattle... and the Seattle Times has broken down the potential impact on the region of the defense realignment announced Monday by US Secretary of Defense Robert Gates.

As ANN reported, Gates proposed a Pentagon budget that, if approved in its current form by Congress, would cap production of the F-22A Raptor fighter at 187 units, and end further work on the VH-71 presidential helicopter and the US Air Force combat search and rescue helicopter (CSAR-X) contract.

Despite what would appear initially to be sizable losses for, not Boeing, but Lockheed Martin -- which builds the Raptor, and is primary contractor on the VH-71 -- analyst Loren Thompson of the Lexington Institute observes, "Boeing seems to have been hit harder than any of the other major contractors."

Boeing makes the wings for the Raptor, which now appears likely to end production in 2011. That accounts for about 1,200 Boeing workers. The company has also been a bidder to develop the CSAR-X helicopter, as well as the TSAT satellite constellation. Those potential cancellations are worth tens-of-billions of dollars.

In one bright note, Gates did commit to a third round of bidding for a new Air Force aerial tanker this year. Boeing is expected to bid its KC-767 yet again, against the EADS/Northrop Grumman KC-30A, which won the last round of bidding.

FMI: www.boeing.com/ids

Advertisement

More News

AMA Drone Report 12.14.17: Drone Registry, AMA Q&A, New IDRA Boss

Also: LAFD Drones, Toys For Tots FPV, Modular Racing Drone, Community College Drone Program President Donald Trump has signed the Defense Authorization Bill that includes a reinsta>[...]

Airborne-Unmanned 12.12.17: ERAU Storm Chaser, USMC Drone Insignia, Malawian UAV

Also: NLR Signs Agreement, QinetiQ, Big Bend Community College, 2nd Annual UAS Conference, Tigershark UAS Kicking off a series of tests for its capstone project, the UAV Storm Chas>[...]

Airborne 12.13.17: Flight Design Update, Bell 525, Space Policy Directive

Also: A380 Production Cut?, Canadian Arctic Aviation Tour, US Nationals, Muilenburg'ss Mars Prediction Flight Design may be under new ownership, but it plans to continue to be a le>[...]

Airborne 12.15.17: New Shepard Flies Again, Falcon 5X Cancelled, Flying Car Race

Also: Online Pilot Records Database, GA Security Bill, $1M 4 ERAU, Blades Aerobatic Team Blue Origin's New Shepard made its seventh test flight Tuesday afternoon at the company's l>[...]

Airborne 12.15.17: New Shepard Flies Again, Falcon 5X Cancelled, Flying Car Race

Also: Online Pilot Records Database, GA Security Bill, $1M 4 ERAU, Blades Aerobatic Team Blue Origin's New Shepard made its seventh test flight Tuesday afternoon at the company's l>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC