4 ms·
Hmm, is it? Boeing is in the category of too big to fail. I agree its not government per say.. but it is really not a private business either.
by roody15 3y ago
Hmm, is it? Boeing is in the category of too big to fail. I agree its not government per say.. but it is really not a private business either.
- refulgentis 3y agoYes, the US government is not Boeing. Yes, Boeing is a private business. You are describing your general distaste for two entities and attempting to rationalize it. My only guess that steelmans that is you think Boeing would cease to exist without its defense business.
- hedora 3y agoAs of 2020, 21% of the DoD's budget went to Boeing, and was 31% of Boeing's revenue: https://www.forbes.com/sites/greatspeculations/2020/01/02/how-much-of-boeings-revenues-comes-from-the-us-government/?sh=60f130315144 https://www.forbes.com/sites/greatspeculations/2020/01/02/ho... It's unlikely either organization would exist as it currently does without the other.
- deleted 3y ago[deleted]
- ajcp 3y ago21% of the DoD's PROCUREMENT budget, not it's entire budget. DoD 2024 budget request: $886b[1] DoD 2023 procurement budget: 163.7b[1] Procurement budget is 18% of total budget. 21% of procurement budget is $34.3b That means that means that if the percentages still stood at the 2020 numbers then Boeing would account for *3%* of the 2024 DoD budget. 1. https://www.airandspaceforces.com/pentagon-leaders-2024-budget-is-first-and-foremost-about-procurement/ https://www.airandspaceforces.com/pentagon-leaders-2024-budg...