Thread regarding Boeing Co. layoffs

The future of Boeing is going to be a shell of what it once was

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.

Reposted from @6vhh+1knPGbDC.

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| 2111 views | | 6 replies (last January 19, 2023) | Reply
Post ID: @OP+1kvd2ThS

6 replies (most recent on top)

@bplp+1kvd2ThS

Boeing stock is very overpriced because the majority of people still view it as a viable company. The stock should be much lower, and the rating should be sell by most brokerages instead of hold.

People are in denial about the declining market share Boeing will be experiencing over the next five years.

Boeing lost defense programs to replace the the F -18, F -15, Blackhawk helicopter, etc. they will no longer be a money stream from the defense sector.

For whatever reason, the majority of investors are holding onto the stock. The only money to be made on Boeing stock will be shorting it on the long-term.

Saying it’s obvious to everyone you are simply ignorant. A handful of people on this forum mostly former employees know it that’s it.

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Post ID: @gkdd+1kvd2ThS

Thank you Captain Obvious !!!! How long did it take you to figure that one out ??? You must be a boeing manager ??? What's been apparent for over 15 years to every employee you're only now synapsing on !!!

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Post ID: @bplp+1kvd2ThS

It's already a shell___
Definition c: a casing without substance

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Post ID: @adbn+1kvd2ThS

Back when Boeing was a competent and successful engineering company, they would do at least one completely new airplane development every 10 years or less to transfer experience and knowledge to each succeeding engineering generation. There hasn't been experienced and knowledgeable engineers at Boeing for many years and the last completely new airplane development was the 787 financial failure initiated back in 2003 (now 20 years ago) and which took until 2011 to accomplish first delivery and it has been grounded multiple times by FAA since then for multiple engineering and manufacturing failures.

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Post ID: @8bxy+1kvd2ThS

Yes, quite entertaining to watch Boeing stock climb... In many ways similar to the crypto currency scam and the same dynamics at play too...hype, ignorance, greed and ultimately destruction.

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Post ID: @1fph+1kvd2ThS

Boeing already is a dead husk of what it once was but it still has a strong PR team and Wall Street con artists. It amazes me how many people buy into BS these days.

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Post ID: @jaj+1kvd2ThS

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