SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Speculating in Takeover Targets
ULBI 10.10-0.9%Jun 18 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richardred who wrote (3561)2/7/2014 9:40:16 AM
From: richardred   of 7058
 
Boeing might be forced to make major defense acquisition

Boeing Co. is becoming dangerously dependent on its commercial side, which might force the company to make a major defense acquisition, a local aerospace analyst says, the Puget Sound Business Journal reports.

Richard Aboulafia, a vice president at Fairfax-based The Teal Group, gave his forecast this week to the annual Pacific Northwest Aerospace Alliance Convention. Boeing is losing traction in the jet fighter market because the Lockheed Martin F-35 is emerging as the unquestioned global market leader, squeezing out future sales of Boeing's own aging array of jet fighter offerings, he said.

Boeing F/A-18 production will end around 2016, and F-15 production by about 2019. The death of the latter program is guaranteed by South Korea’s decision to buy F-35s instead, he said.
bizjournals.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext