Airbus buying out Boeing? Not in our lifetime. Boeing is a prime contractor for the U.S. in many different facets of aerospace. Space shuttle, next generation X-planes, Military(Army, Navy, Airforce, Marines,) Titan2,3,4 rockets and satellites, Boeing even profits 20% of its total business due to computers (Mainframes). We build everthing from surface to air missile transports to airborne and survellience early detect radar. Boeing's diversification across many aspects of aviation AND aerospace as well as military has kept it strong through its history, not relying strictly on Commericial sales as they have in the past. Even bids that it loses, Boeing is usually a major sub-contractor for those companies (IE. F-22, JSF)
An article from this weeks Paris airshow:
CHICAGO, July 12, 2004 – The Boeing Company [NYSE: BA] today detailed its media presentations for the July 19-25 Farnborough International Air Show, which include discussions of the transformational 7E7 Dreamliner and Multi-mission Maritime Aircraft programs.
The company’s schedule begins Monday, July 19, at 9:30 a.m. with a briefing by Commercial Airplanes President and Chief Executive Officer Alan Mulally. That session will be in the Radlett Suite of the show’s Media Centre. Also on Monday, representatives from the U.S. Navy and Boeing will brief the media on the Multi-mission Maritime Aircraft program that the Navy recently awarded to Boeing, at 11:00 a.m. in the Media Centre’s Hatfield Suite.
“The Boeing story is about aerospace leadership, and we are looking forward to telling that story at Farnborough,” said Tod Hullin, Boeing senior vice president of communications. “This company is on the move and generating real momentum. Our successes with the 7E7 and the Multi-mission Maritime Aircraft programs are just the latest examples of Boeing executing its strategy of commercial and military balance to lead the aerospace industry.”
Several Boeing-built aircraft will be on display at the show, including the F/A-18F Super Hornet, AH-64D Apache Longbow helicopter and F-15C Eagle, which are scheduled for daily flight demonstrations. Other Boeing products scheduled to be on static display include the F-15E Strike Eagle, C-17 Globemaster III, the Standoff Land Attack Missile, Harpoon and a full-scale mock up of the Joint Unmanned Combat Air Systems (J-UCAS).
Accredited journalists are invited to the Boeing Press Chalet (B6), adjacent to the main Boeing chalet, throughout the week. Boeing will hold a series of briefings on key programs and issues. Each day, media should check the briefing schedule at the Boeing Press Chalet, Boeing Exhibits and the Media Centre for updates.
Also, good news for laid off Boeing employees:
Boeing to bring back more workersDon't worry about us, we alive and on the upswing commerically speaking,Beetle.
