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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.27.16

Airborne Hi-Def On YouTube

Airborne 05.23.16

Airborne 05.24.16

Airborne 05.25.16

Airborne 05.26.16

Airborne 05.27.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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

It's On! EAA/ANN Announce 2016 AirVenture Innovation Preview!

Stunningly Successful Innovation Program Drew Nearly 100,000 Eyeballs to ‘All Things AirVenture’ E-I-C Note: Our partner, the Experimental Aircraft Association, release>[...]

Airborne 05.26.16: Icon Flaming Out, Airbus Heli-Patent, UAV Registry

Also: TSA Dust-Up, Honor Flight, The API -- What’s This ALL About?, EASA Cert's G650ER, First E190-E2, DiCaprio BizJet, WingX Pro7, BASE Jump Tragedy Late Wednesday, Icon fin>[...]

Airborne 05.26.16: Icon Flaming Out, Airbus Heli-Patent, UAV Registry

Also: TSA Dust-Up, Honor Flight, The API -- What’s This ALL About?, EASA Cert's G650ER, First E190-E2, DiCaprio BizJet, WingX Pro7, BASE Jump Tragedy Late Wednesday, Icon fin>[...]

ANN's Daily Aero-Linx (05.27.16)

FAA Data & Research The FAA conducts research to ensure that commercial and general aviation is the safest in the world.>[...]

ANN's Daily Aero-Term (05.27.16): Resume Normal Speed

Used by ATC to advise a pilot to resume an aircraft’s normal operating speed. It is issued to terminate a speed adjustment where no published speed restrictions apply.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC