4 ms·
> The whole the US government essentially gives away 737s at a loss to employ people might be one part of it? Do you have more information on this? Is the US g
by xur17 6y ago
> The whole the US government essentially gives away 737s at a loss to employ people might be one part of it?
Do you have more information on this? Is the US government subsidizing aircraft manufacturing or something?
- hadlock 6y agoBoeing "is the largest U.S. goods exporter" and represents, pre 737-MAX fallout, about 5% of the US GDP. This might come as a surprise to east-coasters as for most of their existence they were based out of Seattle, and only recently moved their HQ to Chicago. Boeing sells a lot of civilian airplanes, but depending on the year/conflict 35-49% of Boeing's income comes from arms sales, either jets, cruise missiles, spy satellites or what have you. Boeing's manufacturing capacity plays a significant role in US wartime capability. Between Boeing and Weyerhaeuser, those two companies (and their cottage industries) prop up the lion's share of Washington State's economy, or at least it did pre-Microsoft/Intel/Amazon