Posted on 07/02/2024 4:23:42 AM PDT by Fish Speaker
ST LOUIS, Mo., and WASHINGTON — It’s no secret that Boeing is in a bind. Regulators are scrutinizing the planemaker’s commercial business, whose woes have also attracted the attention of federal prosecutors. And ill-performing, fixed-price development contracts are forcing the company’s defense unit to hemorrhage cash, despite executives’ best efforts to staunch the bleeding.
At least for its defense business, Boeing executives are hoping that futuristic air dominance technologies can help turn things around. And to that end, the company has leaned forward, betting billions to build up new manufacturing facilities at the firm’s hub of fighter production in St. Louis, where the legacy F/A-18 line nears its end.
But in recent weeks, a potential problem has been brewing for Boeing’s ambitious expansion plans. A key customer driving the need for new facilities, the US Air Force, has started openly raising questions about the future of the service’s planned Next Generation Air Dominance (NGAD) fighter, casting doubt on what work may be available here in the Gateway to the West.
(Excerpt) Read more at breakingdefense.com ...
They should go with 7th-gen and like, toss in the extra gen for free.....
Boeing is doomed. Those making the decisions are the diversity hires. They will never decide to eliminate themselves. Diversity is a cancer that kills companies. It is self-terminating. Those killing the company are the modern-day robber barons. Diversity parasitically robs the company until it is dead, but diversity walks away with all the loot.
The government requires DEI to the point of including hidden single-string computers that take over control of their planes and crash them, while also forcing them to hire people who send airplanes down the production lines without even bolting-in door plugs, and now they go after Boeing for not building safe airplanes? Spare me.
The problem is that the military budget is so tiny (4% GDP) that the services cannot afford their weapons. And here, the USAF cannot afford planes, fighters or bombers.
Maybe if they can squirrel away some of the money that Biden & Co. either passed up or wasted on other things, some of that can go into Defense.
The more high tech the more parts that won’t work.
The more high tech the more parts that won’t work.
double vision
“squirrel away “ is not an operable budget term. Every thing must be spent or it is lost.
They need Congressional approval for the big ticket items they need, plus someone has to do something about restarting US ship yards, where we have 225 times less capacity than China.
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