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 On ANN

Airborne 10.24.16

Airborne 10.25.16

Airborne 10.26.16

Airborne 10.27.16

Airborne 10.28.16

Airborne Hi-Def On YouTube

Airborne 10.24.16

Airborne 10.25.16

Airborne 10.26.16

Airborne 10.27.16

Airborne 10.28.16

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.



More News

Airborne 10.26.16: The Aero-Verse Remembers Bob Hoover, G450, Aeromedical Reform

Also: Keeping R/C History Alive, P-8A Training, R44 Cadets, Sea-Tac, China Eastern, Gulfstream G280 Record “When you have tasted flight, you will forever walk the earth with >[...]

Airborne 10.25.16: The Aviation World Mourns Bob Hoover

Also: Rockwell Collins Buys B/E Aerospace, Airport Licensing, Drone Permits, Revised LODA, Aero-Calendar, Aerosonde HQ SUAS, Gogo Business Aviation, Hilf New CEO Of Vulcan, Battle >[...]

ANN's Daily Aero-Linx (10.27.16)

Cavanaugh Flight Museum The Cavanaugh Flight Museum opened in October 1993, the brainchild of its founder, entrepreneur Jim Cavanaugh. Cavanaugh placed his growing collection of hi>[...]

ANN's Daily Aero-Term (10.27.16): Deviations

A departure from a current clearance, such as an off course maneuver to avoid weather or turbulence.>[...]

Aero-News: Quote of the Day (10.27.16)

“The death of Bob Hoover is a tremendous loss to the entire aviation community. Bob was a great friend and mentor to countless aviators in the military, manufacturing, test p>[...]

blog comments powered by Disqus





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