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
- Watch as Boeing Everett workers assemble a 787-9 Oct. 1
- Boeing says it will make 747 panels, but for whom? Sep. 17
- Boeing plans to increase 767 production Sep. 9
- British Airways’ Boeing 777 engulfed in fire in Las Vegas was in accident 11 years ago Sep. 8
- Cancellations leave Boeing with zero 747 orders in 2015 Sep. 3
Our new comment system is not supported in IE 7. Please upgrade your browser here.