Archive for the ‘Boeing’ Category

China’s Big Airshow This Week is About Aviation’s Future

November 3, 2008

The giants of the aerospace industry will jet in to China‘s only international airshow starting Tuesday hoping the country’s aviation sector can provide shelter from the global financial crisis.

by Guy Newey, AFP

US manufacturer Boeing and Europe’s Airbus will head the line-up of 600 civil and military manufacturers and parts suppliers from 35 countries at the 2008 China Airshow, an annual event in the southern city of Zhuhai.

And as airlines across the world report a drop-off in first and business class travel due to the economic turbulence, the firms will be looking to China to provide crucial growth in the next few years.

“China is going to be the fastest-growing market in the world,” Wang Yukui, the spokesman for Boeing in China, told AFP.

An Air China plane lands at Beijing's international airport. ... 
An Air China plane lands at Beijing’s international airport. The giants of the aerospace industry are set to jet in to China’s only international airshow hoping the country’s aviation sector can provide shelter from the global financial crisis.(AFP/File/Peter Parks)

Research released last week by the US giant found China will need 3,710 new commercial planes worth 390 billion dollars over the next 20 years.

The demand will represent 41 percent of the entire Asia-Pacific market, and only the United States will be a bigger buyer, Boeing said.

In addition, Chinese carriers will add about 370 freight-carrying planes by 2027, quadrupling their total freighter fleet, the Boeing research found.

Airbus chief executive officer Tom Enders also said recently it was expecting a “large order” from Chinese airlines by early 2009, on top of existing memorandums of understanding with Chinese carriers for 280 aircraft.

The company’s giant superjumbo, the A380, will be on display at the China Airshow, as the company tries to take a bigger slice of the thriving market.

In 2007, China’s air traffic soared 16.8 percent to 387.6 million passenger trips, on the back of 16.7 percent growth in 2006, state media reported.

The demand has sparked a similar boom in airport construction, with around 100 new airports planned by 2020, previous reports said.

Nevertheless, China’s aviation sector starting to feel the impact of the global economic turmoil, according to Tom Ballantyne, chief correspondent of industry magazine Orient Aviation.

“Although we are not talking about a cessation of growth, we are talking about a slowdown in growth,” he told AFP.

Read the rest:
http://news.yahoo.com/s/afp/20081103/bs_afp/finance
economychinaaviation_081103072219

Defense Trade Currents

March 16, 2008

By William Hawkins
The Washington Times
March 16, 2008

The legacy of the draconian cuts in military force levels and procurement during the 1990s continues to cast a pall over U.S. national security planning. That American soldiers and Marines have been overstretched by repeated deployments in Iraq and Afghanistan is well-known, and steps are being taken to expand their strength.
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It is not just the combat forces, however, but the defense industry upon which they depend for arms and equipment, that also needs to be reconstituted.
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The “procurement holiday” of the Clinton administration cost the defense industrial base a million jobs. The Pentagon promoted a consolidation of firms and elimination of “excess” capacity. This reform was supposed to improve efficiency but it also reduced domestic competition. Now, to stimulate competition, or even just access sufficient capacity, foreign firms are invited to supply U.S. forces with hardware.
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The most recent example is the awarding of a $35 billion U.S. Air Force contract for 179 new KC-45A aerial refueling tankers based on the Airbus A330 airliner built by European Aeronautic Defense and Space Company (EADS). Boeing has built every previous USAF tanker and has won contracts for its KC-767 tankers from Japan and Italy. But it lost the military competition at home to the foreign firm that is also its main global rival in the commercial airliner sector.
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The USAF contract comes at a critical time for EADS. Its A380 “superjumbo” airline project is well behind schedule, and there have been problems in the Airbus A350 midsized airliner project (crucial to its future battles with Boeing), and in its A400M military airlifter.
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EADS is Europe’s largest defense contractor yet is much smaller than Boeing because Europe went on an even deeper disarmament slide after the Cold War and has done little to reverse course.
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The once-mighty NATO armies deployed to stop a Soviet blitzkrieg across Germany have melted away to where they can hardly maintain a few brigades in Afghanistan to fight lightly armed insurgents. European firms are desperate for American taxpayers to bail them out with military contracts. .
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The question is: Can the United States depend on a steady supply of production, including decades of space parts and upgrades, from foreign industries in decline — and where military investment and research are funded at only a fraction of what America devotes to defense?

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Boeing, USAF Tankers and Due Diligence

March 13, 2008

By James Lyons
The Washington Times
March 13, 2008

The announcement that the U.S. Air Force chose the Northrop-Grumman-EADS team to build 179 tanker aircraft at initial procurement costs of $40 billion should have come as no surprise to anyone following the competition.

KC-135R refuels an F-22A Raptor

Studies last year showed the Northrop-EADS KC-30 tanker had distinct operational advantages. Loren B. Thompson, a defense consultant at the Lexington Institute, said Northrop-EADS KC-30 bested Boeing’s 767 tanker version in four of five categories, adding that Northrop’s winning bid was not a close call.
Heads should roll at Boeing….
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http://www.washingtontimes.com/article/20080313/
COMMENTARY/199537619/1012

America’s Vastly Diminished Influence

March 8, 2008

By George H. Lesser
The Washington Times
March 8, 2008

Wherever you look, in whatever sphere, Americans are no longer “king of the hill.” It happened amazingly quickly and thoroughly. It is breathtakingly ironic it should occur during the watch of an administration that came to power with its leaders crowing that because of the collapse of the Soviet Union, the U.S. was in a position — if not actually required — to act unilaterally as “the world’s only superpower.”
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Never in human history, it was frequently said, at least since the time of Rome, had any single state dominated the world the way the United States did in 2001. Of course there was little or no appreciation of the fact that our influence was largely dependent on fear of the Soviet Union. Once that fear was gone, our ability to lead would be undermined.

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http://www.washingtontimes.com/apps/pbcs.dll/article?AID=/20080308/COMMENTARY/747281276/-1/RSS_COMMENTARY&template=nextpage

Boeing tries to hold onto tanker deal

February 23, 2008
By JOELLE TESSLER, AP Business Writer

WASHINGTON – The Air Force is likely days away from handing out one of the biggest Pentagon contracts in years — a deal valued at up to $40 billion to replace 179 planes in its fleet of aerial refueling tankers.

In this image provided by the Boeing Aircraft Company the second ...
In this image provided by the Boeing Aircraft Company the second KC-767 aerial refueling tanker slated for the Japan Air Self-Defense Force takes off on its first flight Nov. 18, 2007 from Wichita, Kansas. A $40 billion contract to replace the Air Force’s aging fleet of aerial refueling tankers will be awarded as early as next week to Boeing, or a team made up of Airbus’ parent and Northrop Grumman. A victory for Boeing — the near-exclusive provider of these aircraft for 50 years — is already factored into the company’s stock price. Tens of thousands of jobs are at stake.
(AP Photo/HO)

For the three companies bidding, there is more at stake than just the monetary award: jobs and reputation.

Boeing Co. has supplied the Air Force with refueling tankers for nearly 50 years and doesn’t want to let go of that. The incumbent is considered the favorite to win — an assumption already reflected in its stock price.

But European Aeronautic Defence and Space Co. and its U.S. partner, Northrop Grumman Corp., want to be in on the game. For France-based EADS, the parent of rival Airbus, the contract is an entree into the massive American military market just as overseas spending cools. And for Northrop Grumman, it would tap into a major new military revenue stream at a time when Pentagon spending may be leveling off.

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http://news.yahoo.com/s/ap/20080223/ap_on_bi_ge/
air_force_tanker;_ylt=AlCqhqb
Osl3BcEDS4zRToras0NUE

Arrests made in Chinese spying cases

February 12, 2008
By LARA JAKES JORDAN, Associated Press Writer 

WASHINGTON – A Defense Department analyst and a former engineer for Boeing Co. were accused Monday in separate spy cases with helping deliver military secrets to the Chinese government, the Justice Department said.

Additionally, two immigrants from China and Taiwan accused of working with the defense analyst were arrested after an FBI raid Monday morning on a New Orleans home where one of them lived.

The two cases — based in Alexandria, Va., and Los Angeles — have no connection, and investigators said it was merely a coincidence that charges would be brought against both on the same day.

The arrests mark China’s latest attempts to gain top secret information about U.S. military….

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http://news.yahoo.com/s/ap/20080212/ap_on_
go_ca_st_pe/chinese_spies;_ylt=AqQ2DwgA8C59cJJJgMELX72s0NUE

Boeing To Transfer AEGIS Ballistic Missile Defense Production To Alabama

August 18, 2007

Boeing will transfer production supporting the Aegis Ballistic Missile Defense (BMD) program from Anaheim, Calif., to its facility in Huntsville, Ala. The move expands production capability and co-locates Aegis BMD production with similar missile defense activities. About 30 positions will transfer as the work transitions to Huntsville in segments over a period of several months and should be complete in 2008. Boeing anticipates that most of those jobs will be filled by current Boeing employees.

“This move allows us to increase our capacity supporting the Standard Missile-3 (SM-3) kinetic warhead (KW) production and reap the benefits of co-locating our missile defense production in Huntsville,” said Debra Rub-Zenko, vice president of Boeing Integrated Missile Defense.

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http://www.spacewar.com/reports/Boeing_To_
Transfer_AEGIS_Ballistic_
Missile_Defense_Production_To_Alabama_999.html

Senate panel OKs currency bill aimed at China

July 27, 2007

By Doug Palmer 
July 27, 2007

WASHINGTON (Reuters) – The Senate Finance Committee voted 20-1 on Thursday (July 26)  to give the U.S. government new tools to press China to raise the value of its currency, but the Bush administration said it opposed the bill.

The overwhelming vote shows Congress is headed toward passing legislation by a big enough margin to overcome any presidential veto, said Sen. Charles Schumer, a New York Democrat who helped craft the measure.

“It is time to pass legislation that will have a real effect, and this bill will. A vote of 20-to-1 signals veto-proof support and shows the Chinese ….

Read the rest at:
http://news.yahoo.com/s/nm/20070727/pl_
nm/economy_currency_congress_vote_dc_4

Related:
To The U.S. Treasury Secretary: China Is Your Worst Nightmare, Sir

China: No More Mister Nice Guy

Senate Panel Indicates Readiness to “Squeeze China” Over Currency (July 27, 2007)