mm303: Boeing loses the big one

March 2, 2008

MUDGE’s Musings

Boeing Corporation is one of this country’s economic superstars. Through years of growth, organically and, as has been typical of the aerospace industry since the end of the Cold War, through acquisition, Boeing has become one of the top three defense contractors in the U.S.

Boeing competes globally with Airbus, the “upstart” European aerospace consortium, for the privilege of supplying the world’s airlines. In both roles, military and civil, Boeing has remained a shining exception to the cataclysmic conversion of the U.S. economy from manufacturing to not.

Boeing, long based where it began during World War I, in Seattle, unexpectedly transferred its corporate headquarters to Chicago, MUDGE’s home, so Boeing stories, always of interest to yr (justifiably) humble svt due to his lifelong fascination with all things aviation, now have a home town component.

Boeing, a hometown hero in several locales: Seattle, Wichita, St. Louis, Long Beach, and lately Chicago, took a hard hit Friday, when the U.S. Air Force announced that it lost its bid to furnish refueling tankers to its most bitter competitor, Airbus.

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