South Carolina “will do everything it can” to go after production of Boeing’s next generation jetliner if the Machinists union in Washington state rejects a proposed labor contract Wednesday, a leading state lawmaker told The Post and Courier on Friday.
“If the union turns it down and Boeing starts looking elsewhere, I can assure the whole world that South Carolina will be doing everything we can to get every part of Boeing we can get,” state Senate Finance Chairman Hugh Leatherman said.
CHARLESTON, South Carolina (Reuters) - Boeing Co (BA.N) said it would break ground on Tuesday for a propulsion facility in North Charleston, South Carolina, expanding its facilities in the nonunion state.
The facility, which will be known as Propulsion South Carolina, will design and assemble the engine nacelle inlet for the 737 MAX. A nacelle is the outer housing of a jet engine.
The planned expansion comes as Boeing appeared poised to consider building its newest jet, the 777X, outside of Washington state, after union leaders criticized a labor deal that was supposed help ensure the work went to Washington. Union members are due to vote on the contract offer on Wednesday. Boeing is looking at South Carolina and other sites for the new jet.
The new 225,000-square-foot facility will be located in Palmetto Commercial Park, near another Boeing center that makes interior parts for the 787 Dreamliner.
Engine nacelle inlet assembly is expected to start in mid-2015, Boeing South Carolina spokesman Robert Gross said on Friday. Initial engineering design work for the engine nacelle inlet has begun, Gross said.
Engineering design work for the 737 MAX and the new propulsion facility mark the first work for Boeing South Carolina on a commercial airplane other than the 787.
I suspect the politicians will approve the tax breals.They need the political donations for their campaigns.
And if the are seen as the reason BA moves out, their re-election chances are severely reduced.
Like politicians, the public battle between these two groups is always headbanging. However, if the terms of this contract are so bad that the union wont accept it, it may be by design. Boeing needs to stay competitive. The union (rank and file) have little knowledge of global competition just like the auto industry union was years ago. Why they do not undertand it is hard to figure with Detroit's transition to a ghost town. They ignored the Japanese entrance into the industry saying the Japanese products could never compete with the high quality products produced by union auto workers. Then the electronics industry went down the same path (radios, TV's etc.) And some on this board touting Airbus refuse to acknowledge the outsourcing of airbus parts and assembly.
Boeing new contract terms may have been set with the idea of justifying a move out of the Washington area if refused. For decades, the unions have used their extortion power of strike threats to gain high wages and benefits the rest of the U.S. working population could only dream of.
Now the worm has turned.
Global Credit Research - 05 Nov 2013
New York, November 05, 2013 -- The Boeing Company will widen its lead over the Airbus subsidiary of European Aeronautic Defence & Space Co. EADS in large commercial aircraft deliveries into 2015, Moody's Investors Service says in a new report, "Boeing to Widen Lead in Deliveries as Battle for Market Share Intensifies with Airbus" After being edged out by Airbus for most of the past decade, Boeing finally recaptured its lead in large commercial aircraft deliveries last year.
"Ramped-up production, particularly of the 787 Dreamliner, will drive stronger revenue and earnings growth at Boeing in the next couple of years, and just announced higher 737 narrowbody production rates later in the decade will further bolster its lead," says Senior Vice President, Russell Solomon. "Unless Airbus also invests in additional capacity soon, the US airframer will widen its lead significantly, from a forecast 35-50 airplane differential per year for 2013 to a 120-140 differential, or about $20 billion-$25 billion of incremental sales, by 2014-15."
(Reuters) - Boeing (BA) said on Friday it was ready to re-examine alternative sites for its newest jet if assembly workers and local politicians do not ratify plans to build it in the Seattle area, its traditional manufacturing base.
The U.S. planemaker issued the warning hours after senior members of the International Association of Machinists union were reported to voice opposition to a proposed labor contract that is due to go to a membership vote next Wednesday.
PARIS, Nov 7 (Reuters) - Europe's Airbus extended its lead over Boeing in a hard-fought order contest in October, but remained behind on deliveries, leaving its U.S. rival in the industry's no.1 spot.
October Military deliveries = 25. YTD = 235
P-8 = 1(Oct) 8 (YTD)
Apache (New) = 4 (Oct.). 35 (YTD)
Apache (REmanuf) = 1 (Oct.). 43 (YTD)
C-17 = 1 (Oct.). 9 (YTD)
CH-47 = 6 (Oct.). 9 (YTD).
CH-47 (Remanuf) = 0 (Oct). 3 (YTD).
F-15 = 0 (Oct.). 3 (YTD).
F/A-18 = 5 (Oct.). 41 (YTD).
Harpoon = 3 (Oct.). 22 (YTD)
Satellite - 1 (Oct.). 3 (YTD)
Osprey = 3 (Oct.). 30 (YTD).
October deliveries = 54.
34 737's, 1 747, 2 767's, 8 777's, 9 787's.
YTD deliveries = 530 planes
364 737's, 17 747's, 19 767's, 81 777's, 49 787's.
With 2 months to go, 600 planes should be easily exceeded for the year.
I suspect the tax breaks are part of the deal since it will help offset the added expenses in the new contract. No incentives, no deal. The unions execs will vote for anything to keep the dues money flowing to their pockets. And those union execs will press the politicians to give the incentives using their political contributions as leverage.
ST. LOUIS, Nov. 6, 2013 -- Boeing [NYSE: BA] and Kongsberg Defense Systems of Norway recently completed a successful check of the Joint Strike Missile (JSM) on an F/A-18F Super Hornet at the Boeing St. Louis facility to ensure the weapons fit on the aircraft's external pylons.
The JSM, which is being designed and built by Kongsberg, is a long-range, low-observable stand-off weapon able to engage land and naval targets. The test brings the JSM one step closer to Super Hornet compatibility.
"The JSM would give our international and domestic customers another potential air-to-surface weapon option designed to outpace advanced sea and land threats," said Paul Summers, Boeing F/A-18 Innovation & Capability Growth director.
Boeing and Kongsberg plan to conduct wind tunnel testing on a Block II Super Hornet early next year.
PALMA DE MALLORCA, Spain, Nov. 5, 2013 /PRNewswire/ -- Boeing (NYSE: BA) and Air Europa today celebrated the Spanish carrier's 25th direct delivery of a Next-Generation 737-800. Air Europa showcased the latest addition to its fleet at a special event at its base on the Spanish island of Mallorca.
SEATTLE, Nov. 4, 2013 /PRNewswire/ -- Boeing [NYSE: BA] and the Lion Group, Indonesia's largest airline group, today commemorated the delivery of the carrier's 100th Next-Generation 737 at a special event.
while the orders numbers will elevate the stock price, It is deliveries which will deliver the share price jump. Look for a nice jump in monthly deliveries this month.
ITtwound up at 51. They delivered another 787 to Royal Br. on the 31st.
It shows up on nyc787 site but not on planespotters since it has not done the flyaway.
1-A new $19.3 million firm-fixed-price contract to pay for the labor, material, and other resources necessary to acquire 2,040 AN/PRQ-7A CSEL handheld radios, and accessories for the U.S. Air Force. This smaller contract will run through Jan. 29, 2015. Boeing describes the CSEL handheld radio as a system of secure communications that allows a soldier to communicate his position, and also to send text messages through the CSEL UHFSATCOM satellite radio network.
2-A $59.6 million contract modification exercising a third option-year three on a preexisting performance-based logistics contract to acquire "unique components" needed to build AH-64D Apache attack helicopters for the U.S. Army. This option-year extension will continue the original contract through Oct. 31, 2014.