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/NBAA2014 10.20.14 ** HD iPad-Friendly -- Airborne/NBAA2014 10.20.14 **
** Airborne 10.17.14 ** HD iPad-Friendly -- Airborne 10.17.14 **
** Airborne 10.15.14 ** HD iPad-Friendly -- Airborne 10.15.14 **

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

Airborne at NBAA--10.20.14: HondaJet, Honeywell Forecast, Gulfstream's G500/G600

Also: Garmin's ADS-B For BizAv, R44s For Jordan, Textron Aviation, Hartzell Props, Clarity Aloft Pro Plus At a news conference early Monday at the 2014 NBAA convention, HondaJet sa>[...]

Airborne 10.17.14: Enstrom Delivers, Flight School Scandal, NBAA2014

Also: Rare O-46 Rebuild, Valor Unveiled, OK's Anti-Fly-In Airport, FAA Screw-Ups, The first Enstrom Model 480B-G has been delivered to Rick Boswell of New Hampshire with the Garmin>[...]

Airborne at NBAA--10.20.14: HondaJet, Honeywell Forecast, Gulfstream's G500/G600

Also: Garmin's ADS-B For BizAv, R44s For Jordan, Textron Aviation, Hartzell Props, Clarity Aloft Pro Plus At a news conference early Monday at the 2014 NBAA convention, HondaJet sa>[...]

Game-Changing NBAA2014 Sponsor Mid-Continent Instruments and Avionics!

Innovation Brings Safe, Certified, Nanophosphate® Lithium Batteries To New Business Aircraft True Blue Power is the first company in the world to achieve FAA TSO and EASA ETSO >[...]

ANN FAQ: Feel The Propwash!

Get Aero-News Delivered To Your E-Mail We know you, like many of our readers, make it a point to check out the latest news and information daily on Aero-News... but did you know th>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC