"Not all is likely to be smooth next year. Hundreds of experienced engineers retired in November, the better to protect their full pensions. Another self-inflicted wound by a company that strayed across the country from its Seattle roots. And what will happen to the mostly empty Everett assembly, and the 777X?"
https://www.seattletimes.com/business/from-boeing-and-downtown-to-tech-layoffs-markers-for-2023/
Example of the futility of the modern woke culture. The same is true at many other US companies. Greed and political correctness now rule.
Boeing reputation in the space sector is permanently damaged after the starliner debacle. I don’t see them every regaining the trust of NASA for any significant amount of work.
the military side is similar. the T7 trainer and the MQ 25 refueling drone are small projects to keep boeing afloat after they lost the stealth bomber and the F 35. No one is interested in the revamped F-18 or the F-15 anymore. That is the only current defense work.
There was really no competition for Boeing to win the MQ 25 drone and T7 trainer but Boeing way under bid it. Claiming all these cost savings with new manufacturing methods which haven’t panned out. I don’t think they’ve got the confidence of the military to handle a large program anymore.
The defiant helicopter was another must win program which they lost. Boeing’s military business is a loser. When the Blackhawk helicopter is finally replaced by the bell valor will almost end boeing helicopter business.
The military side of the house is in major decline and will not be able to support the commercial side anymore. Which makes the 737 max failure all that Worse. Boeing has serious image problems. It’s no longer viewed favorably as a place to work as an aircraft manufacturer or as a defense contractor.
Airbus has again who won the commercial aircraft order crown, and this year was really no competition. Once they have got their production ramped up next year, it is going to take sales number directly away from Boeing.
The future Boeing company is going to be a shell of what it once was. Very small defense projects, which make little if any money. And a 737 aging aircraft that is continually losing orders to airbus, which was once the most profitable airplane in the company.
All of this is a direct result of decisions of Boeing executives. the same ones who are still on the board now and the same CEO who was on the board then.
Boeing defense and space business losses are from every fixed price contract that Boeing is still obligated. You might think their commercial airplane business is doing ok. But in truth, they have only been able to maintain a fake appearance that their nose is above water because the airplanes they are delivering today are mostly from their huge 737/787 inventory that was built years ago and this manufacturing expense is not reflected in their current quarterly reports.
Bottom line, Boeing hasn't been able to design or manufacture anything in the past 10 years that results in a positive net profit margin. They have essentially been giving away airplanes in a failed attempt to retain some market share. They have been selling off everything they can to generate cash flow. They are $58B in debt. It is highly unlikely that airplane orders scheduled beyond this year will become actual deliveries and actual revenue given the current state of their anemic and inexperienced workforce.
4th quarter report will be dismal again.
777x could lose its amended type cert route if it drags on any longer
Then again, why is it even an ATC from the 1995 777 as there is zero carryover. Rather it has more commonality with the 787. Just goes to show how B and the FAA are in bed together for such a long time. B actually was calling all the shots, until the Max ki---d 300+ people
Still we just got another waiver on the Max from a brand new legislation which was originally written for exactly the Max situation to bring it up to safety code.
Alas, our money lobbyists only need to throw $ all over congress and Viola, waiver / extension approved. Easy peasy... what a joke with this corruption
Let us all pray there is no more repeat of another Max going down ki----g more innocent people
See how no one went to jail for all those design and mgmt mistakes... crazy world we live in
Ba ba Boeing bad to the bone.
Being successful at Boeing is relative. The closer the relative, the greater is one's success. These days there is nothing but clueless nepo execs getting wealthy off Boeing's former success. Boeing customers and employees will pay the price.
Problem is the executives at Boeing do not consider experienced engineers as valuable and have for decades preferred to lay them off when possible.
In fact, the whole move to South Carolina was intended to reduce the workforce in Washington state, which was the most experienced workforce in the company.
Moscow design center had the same purpose. There will be more design centers in India, Poland, etc. looking to do the same thing.
After you reach a certain level of income they consider you more a liability than an asset unless you’re in a leadership position.
This is not lost on the young new hires and most of them leave the company within five years.
The legacy of this company has been destroyed in the name of greed and profit
777X isn't certifiable and will be officially canceled next year.