Today, the Air Force says it may have to restructure its contract with Boeing if automatic budget cuts, or sequestration, take place (for more on this see Scott Hamilton's Leeham Co. blog).
Boeing workers in South Carolina will get their first payout from the company's employee incentive plan. They'll get an average of 17.95 days of extra pay, reports the Charleston Regional Business Journal. That's more than the payout for many commercial airplanes workers in the Puget Sound region, who learned last week they'll get 14.75 days.
Analyst Richard Aboulafia, with the Teal Group, took Boeing corporate officers to task for their engineering and product development strategy in his monthly column. Aboulafia writes that engineers have been nudged aside by company "bean counters."
Here's an excerpt:
Chicago's view of engineering, as seen in management changes, union negotiations, product launch decisions, and design outsourcing moves, is that it's a secondary consideration, far behind financial and market considerations.
Aboulafia will speak at the Pacific Northwest Aerospace Alliance conference that will be held next week in Lynnwood.
Most recent Aerospace blog posts
- Atlas Air says its buying another Boeing 747-8 freighter as air cargo market grows June 26
- Boeing sells 'Terrible Teen' 787s to Ethiopian Airlines June 17
- Potential new airplanes dominate talk at Paris Air Show June 17
- Lynnwood firms lands Mississippi work at Paris Air Show June 16
- Boeing considers new commercial jetliner June 15
Our new comment system is not supported in IE 7. Please upgrade your browser here.