Pentagon on KC-46 tanker; Boeing Charleston bonuses; engineers vs. ‘bean counters’

Yesterday, Air Force officials said they’ll fly Boeing’s new KC-46A tanker more than initially planned, driving up operating costs over the life of the tanker fleet.

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.

More in Herald Business Journal

With surging Amazon stock, Bezos now worth more than $100B

It’s the first time anyone has crossed the $100 billion threshold since 1999.

Small retailers aim for emotional ties big chains may lack

“Put yourself into the community more and the money will come back to you.”

Plans being developed for surplus school land

Two major projects could be built on properties owned by the Edmonds School District.

Even in the Amazon era, Black Friday shows stores are alive

Industry analysts are watching how the nation’s malls fare this holiday shopping season.

Japan’s Mitsubishi Materials reports faked quality data

The company makes components used to make autos, aircraft and electricity generation equipment.

Restaurant owners finding strong appetites in Detroit

The former manufacturing and car-making city is remaking itself into a technology hub.

A look at what some stores have planned for Black Friday

With unemployment low, stores are hoping customers are in a mood to shop.

Boeing bolsters team for potential 797 with leading engineer

Terry Beezhold has been chief project engineer for the 777X program.

Uber paid off their hackers — they’re far from the only ones

“More and more companies have their own Bitcoin wallets for such cases.”

Most Read