I believe Boeing would like to spin off BDS, the way they spun off Wichita to Onyx, which became spirit aerosystems.
Onyx was composed of a bunch of Canadian pension investors.
Wichita was a much more stable investment. When the F18 finishes production and the F-15, there’s not a lot of future work.
The red hawk trainer is a small program. They have already lost the next generation helicopter program so the people in Philadelphia will struggle to stay employed. The next generation fighter doesn’t seem likely after loosing the F 35 decisively.
The point is BDS is not a good investment and no one would want to purchase that company given its limited future work.
It would be equivalent to finding someone who would be interested in buying McDonald Douglas, when their commercial aviation businesses is in a tailspin.
They may simply shut down the BDS side of the business and tell the government that they don’t want to fulfill these contracts that’s really the only option. I have to have the conversation that they lose money on every single ship said need to stop production, which is simply unacceptable given they were the only sole bidder.
The bottom line is they need to clean house on the BDS side of upper management who were involved with these contract bids.
Well said, @pas+1rft9zTT.