[EagleUSA]

Boeing's defense systems businesses in Wichita and in Oklahoma are not included in the transaction.
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It computes. The commercial market is in 'over-supply'. There have been rumblings within the Boeing establishment of slimming the commercial side, due to the socialist-subsidising of AirBus making competition very difficult, plus a finite market that is presently soft.

Going for the "big margin" business appears to be the current strategy...

[ZOOKER]

Boeing's defense systems businesses in Wichita and in Oklahoma are not included in the transaction.

Boeing would sell these too if it could, but they can't sell a defense vendor to an overseas corporation.

[bummerdude]

This is ridiculous. To compete with a company subsidized by 4 countries, we gotta outsource. And nobody sees a problem with that. Bush needs to start strongarming Western Europe, just like they strongarm other countries to buy their planes. See what they're doing to Poland: Link to Article

[Prophet in the wilderness]

Well, yes, it is a cost cutting measure by Boeing.
Boeing is currently working on the 787 program, and sitting on plans whether to go ahead with the 747 Advanced program ( or stop total production of the 747 begining in late summer 2006 ) in which they said they will announce later this spring or early summer.
This is just a guess, but, in order to garner more sales for the new 747 program ( if they launch it ) they need to bring the cost down for more airlines to buy it.
I am just guessing that Boeing is going to use whatever money they get from selling these plants, and other cost cutting measures to invest more money into the 787 and 747 advanced programs.

[b8s19849]

I don't think so. I think the money will go to the stake holders the largest stake holders are the group of Mc Donnell Douglas Corporate folks who took over the board room and hence the decision making process when Boeing bought them.

Stoney like many people call him , is another Jack Welsh a greedy type who can't stop taking money from workers, firing them closing plants for their own gratification.

Boeing thinks they'll clean up profit wise in military sales I don't thinks so as long as watch dogs like Mc Cain are around.

There are others see more stories such as this at

http://www.hereinreality.com/news/axis.html