Boeing is competing against Lockheed. And you can bet Lockheed is getting a big tax break from wherever they are building a plant.
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^ $77.9 million in incentives have already been granted to Lockheed in Georgia for those future programs…should they be awarded them.
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If only there were some sort of organization with the authority to "govern" rules about these sorts of things to protect taxpayers, alas.gary kreie wrote: ↑Aug 16, 2023Boeing is competing against Lockheed. And you can bet Lockheed is getting a big tax break from wherever they are building a plant.
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Now that's just crazy talk, exercising that power would be yet another communist assault on capitalismMarkHaversham wrote: ↑Aug 16, 2023If only there were some sort of organization with the authority to "govern" rules about these sorts of things to protect taxpayers, alas.gary kreie wrote: ↑Aug 16, 2023Boeing is competing against Lockheed. And you can bet Lockheed is getting a big tax break from wherever they are building a plant.
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On plus for Boeing is that most of the money for the build out and subsequent employment and economic activity comes from outside the region. Of course it'd be all that better without the tax abatement.
Illinois has a discount on assessment for senior homeowners as well as an income-qualified assessment freeze and a few other relief items.
https://tax.illinois.gov/localgovernmen ... elief.html
Illinois has a discount on assessment for senior homeowners as well as an income-qualified assessment freeze and a few other relief items.
https://tax.illinois.gov/localgovernmen ... elief.html
Boeing project in St. Louis County would be ‘transformational’ for Berkeley, leader says
https://www.stltoday.com/news/local/gov ... -top-story
https://www.stltoday.com/news/local/gov ... -top-story
The analysis released Wednesday shows the deal would also send the same amount to 16 county taxing bodies over the decade, including:
Ferguson-Florissant: $79 million
Berkeley: $18 million
St. Louis County Special School District: $15 million
St. Louis Community College: $4 million
County health fund: $3.7 million
County libraries: $3.5 million
St. Louis County general fund, which pays for most county services: $2.8 million
Commercial surtax, which is distributed among taxing districts: $19.5 million
…………..
The analysis also provides new details about Boeing’s timeline and construction plans.
Construction on a million square feet of new assembly, hangar and operations space near St. Louis Lambert International Airport will start in 2025 and end in 2037. Boeing would construct 10 buildings and one open-air structure.
Indonesia, Boeing sign deal for sale of St. Louis-made F-15 fighter jets
https://www.stltoday.com/news/local/bus ... 2298f.html
Boeing’s new F-15 deal may boost St. Louis County production line
https://www.stltoday.com/news/local/bus ... 5d06a.html
https://www.stltoday.com/news/local/bus ... 2298f.html
Edit:Indonesia’s defense ministry and Boeing have signed an agreement on the sale of 24 F-15EX fighter jets to help modernize the Southeast Asian country’s aging fleet, the ministry and the company said.
Boeing’s new F-15 deal may boost St. Louis County production line
https://www.stltoday.com/news/local/bus ... 5d06a.html
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Part of the Lambert land Boeing wants to lease for expansion is already taken, lawsuit claims
https://www.stltoday.com/news/local/government-politics/part-of-the-lambert-land-boeing-wants-to-lease-for-expansion-is-already-taken-lawsuit/article_38436ae4-4c30-11ee-869d-9f6ef0ae1e0d.htmlBoeing Co.'s plan to use property at Lambert airport for its potential $1.8 billion expansion could be complicated by an ongoing lawsuit between the city-owned airport and a company that claims it still holds the lease to part of the land.
Ricardo Nicolopulos, president of Bi-National Gateway Terminal LLC, which wanted to develop an international cargo facility, notified Boeing in a letter about the still-pending lawsuit it filed in 2019 that contests St. Louis Lambert International Airport's "attempt to terminate our lease."
Nicolopulos in an interview Tuesday added that Bi-National is open to negotiating a settlement, saying that his company has invested more than $11 million in the project. But he said Bi-National will continue to fight the city in court if need be. "If I have no other choice, yes," he said. "Because I'm defending our investment and our very heavy work" on the cargo effort for four or five years.
Attorneys for the city, in filings in St. Louis Circuit Court, had previously said the Bi-National lease was terminated in 2019 because the firm had failed to carry out certain requirements in the agreement.
Lambert officials declined to respond Tuesday to Nicolopulos' latest statements. "Due to litigation, we have no comment," said airport spokesman Roger Lotz. Boeing has yet to respond to a Post-Dispatch request for comment on Nicolopulos' letter, which was sent Aug. 15 to a Boeing real estate official.
The land at issue is on the north end of Lambert along Banshee Road and includes buildings from a long-vacant aircraft manufacturing complex.
Boeing has said its expanded facilities would involve “advanced manufacturing” but hasn’t elaborated. But the plan, which would bring 500 jobs to the area, was announced as the aerospace industry is gearing up to bid to build the next generation of American fighter jets.
Rhonda said in the meeting today the lease was terminate for cause in 2019. They feel like the lawsuit will basically be dismissedairforceguy1 wrote: ↑Sep 06, 2023Part of the Lambert land Boeing wants to lease for expansion is already taken, lawsuit claimshttps://www.stltoday.com/news/local/government-politics/part-of-the-lambert-land-boeing-wants-to-lease-for-expansion-is-already-taken-lawsuit/article_38436ae4-4c30-11ee-869d-9f6ef0ae1e0d.htmlBoeing Co.'s plan to use property at Lambert airport for its potential $1.8 billion expansion could be complicated by an ongoing lawsuit between the city-owned airport and a company that claims it still holds the lease to part of the land.
Ricardo Nicolopulos, president of Bi-National Gateway Terminal LLC, which wanted to develop an international cargo facility, notified Boeing in a letter about the still-pending lawsuit it filed in 2019 that contests St. Louis Lambert International Airport's "attempt to terminate our lease."
Nicolopulos in an interview Tuesday added that Bi-National is open to negotiating a settlement, saying that his company has invested more than $11 million in the project. But he said Bi-National will continue to fight the city in court if need be. "If I have no other choice, yes," he said. "Because I'm defending our investment and our very heavy work" on the cargo effort for four or five years.
Attorneys for the city, in filings in St. Louis Circuit Court, had previously said the Bi-National lease was terminated in 2019 because the firm had failed to carry out certain requirements in the agreement.
Lambert officials declined to respond Tuesday to Nicolopulos' latest statements. "Due to litigation, we have no comment," said airport spokesman Roger Lotz. Boeing has yet to respond to a Post-Dispatch request for comment on Nicolopulos' letter, which was sent Aug. 15 to a Boeing real estate official.
The land at issue is on the north end of Lambert along Banshee Road and includes buildings from a long-vacant aircraft manufacturing complex.
Boeing has said its expanded facilities would involve “advanced manufacturing” but hasn’t elaborated. But the plan, which would bring 500 jobs to the area, was announced as the aerospace industry is gearing up to bid to build the next generation of American fighter jets.
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They got the public support from STL County. Good times.
STL Biz Journal: Tax incentives for Boeing's $1.8B expansion project get OK from St. Louis County Council
STL Biz Journal: Tax incentives for Boeing's $1.8B expansion project get OK from St. Louis County Council
Air Force weighing turning T-7 into F-7 armed light attack jet: Official
Despite not talking to Boeing about development of a F-7 armed light attack aircraft based off the T-7A Red Hawk, a USAF official has revealed the service is interested in such a concept, and could look to replace older F-16s with it
https://breakingdefense.com/2023/11/air ... -official/
Despite not talking to Boeing about development of a F-7 armed light attack aircraft based off the T-7A Red Hawk, a USAF official has revealed the service is interested in such a concept, and could look to replace older F-16s with it
https://breakingdefense.com/2023/11/air ... -official/
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^Excellent! The idea that it could replace older F-16s is fantastic. It's a particularly handsome little aircraft. Curious what kind of payload it could handle.
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Judge upholds city’s voiding of earlier lease on site slated for Boeing expansion
https://www.stltoday.com/news/local/business/judge-upholds-city-s-voiding-of-earlier-lease-on-site-slated-for-boeing-expansion/article_8dd0a8e8-841e-11ee-8dea-ef49ced3a2c4.htmlSt. Louis Circuit Judge Jason Sengheiser ruled that Airport Director Rhonda Hamm-Niebruegge had the authority to end a deal with Bi-National Gateway Terminal LLC because of the firm's failure to pay back rent and meet other requirements.
"There can be no dispute that it was in the city's best interest to end a tenancy with a party that was unable to meet the preconditions," Sengheiser said in his decision.
Bi-National, which wanted to put an international cargo facility at the site, argued in its lawsuit that the voiding of the contract could only occur via a new ordinance passed by the city Board of Aldermen and signed by the mayor and comptroller. But Sengheiser pointed out that an ordinance approved earlier in 2019 that revised the lease had given Hamm-Niebruegge authority to enter into any agreements deemed necessary to preserve and protect the city's interest.
"The Court finds such a grant of authority necessarily includes the power to terminate the agreements," he said.
Hamm-Niebruegge said she was pleased with the ruling and wasn't surprised by it. "We had a high level of confidence" that proper procedures were followed in voiding the lease, she said.
She said "everything's progressing" regarding the Boeing plan and that the city hadn't been concerned about the lawsuit.
Bi-National's president, Ricardo Nicolopulos, could not be reached for comment.
The judge in his decision noted that Hamm-Niebruegge had voided the lease because, among other things, Bi-National had failed to pay $323,545 in past rent, plus some delinquent utility bills.
The site at issue is on the north end of Lambert along Banshee Road and includes buildings from a long-vacant manufacturing complex. Under the last version of the Bi-National plan, the old buildings would have been rehabbed and financing would include state historic tax credits.
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^Well . . . Boeing tearing down the old McD Banshee/Phantom/Mercury plant to build a weaponized Redhawk seems about right. Wish there was a way to use the existing (and quite historic) structures, but I suspect that's a forgone conclusion. There's a lot of irony here, but I'll be happy to see the investment. Go Redhawks!
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Opinion: Can Boeing’s Misguided Leaders Be Stopped?
“The situation may be worse on the defense side. Billions of dollars have been lost due to poor execution and ill-advised fixed-price contracts—over $2 billion in 2022 alone. While an E-7 procurement program may help, these losses will not stop anytime soon. Worse, it is unlikely that the Pentagon will trust Boeing with the next-generation platforms—NGAD and F/A-XX—being decided in the next few years.”
https://aviationweek.com/aerospace/manu ... be-stopped
“The situation may be worse on the defense side. Billions of dollars have been lost due to poor execution and ill-advised fixed-price contracts—over $2 billion in 2022 alone. While an E-7 procurement program may help, these losses will not stop anytime soon. Worse, it is unlikely that the Pentagon will trust Boeing with the next-generation platforms—NGAD and F/A-XX—being decided in the next few years.”
https://aviationweek.com/aerospace/manu ... be-stopped
How Boeing’s troubles are upsetting the balance of power in aviation
https://www.ft.com/content/ddc28f31-e1a ... ccf3141f49
https://www.ft.com/content/ddc28f31-e1a ... ccf3141f49
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Have heard competition for the NGAD is between Boeing and Lockheed Martin, that Northrup Grumman is going all-in on the F/A-XX.
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Boeing moved the Defense Systems HQ from St Louis to DC as Lockheed did to play golf and go to church with Top decision makers.
I still worry that lower staff who score proposals and who will eventually travel to the winner for over-site for decades subconsciously slant scores to pleasant weather travel locations.
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I still worry that lower staff who score proposals and who will eventually travel to the winner for over-site for decades subconsciously slant scores to pleasant weather travel locations.
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I've been thinking about Boeing and think the gov needs to adjust how they give out military contracts for these large long term projects. They want to keep all the companies in business but there are not enough programs. I think they need to give a significant lump sum award to the winning design and then let all bidders in on the manufacturing. The government already tightly controls what these companies do.
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^ I've been hearing that the sixth-generation fighters will be more than just the NGAD and the F/A-XX. With fast advances in new technologies and increased efficacies in manufacturing, we may (may) be advancing towards a round of new jet fighter aircraft similar in scope and development to the "100 series" of fighter aircraft. This references the late 1950s / early 1960s when they had the F-100, F-101, etc. to the F-106 and maybe even the F-111. Back then was the start of the new generation of aircraft at the time, mostly founded on the new technologies of supersonic jets. We may do something similar today. If so, they'll be smaller production numbers (e.g. only 250 or so of the NGAD and the F/A-XX) but could maybe come with more frequency. I'm not certain, but this is what I've heard speculated from reasonable sources.
Meanwhile, I think Boeing Defense has a potential advantage here in that they haven't been a part of a new major fighter contract in decades. The two most recent fighters, the F-22 and the F-35, both were developed and manufactured by Lockheed Martin. It's not necessarily best practices to dedicate all work to one manufacturer, especially noting all the delays and cost overruns in the F-35's production. It only furthers competition for other companies to be involved in production lines. Boeing Defense does have the eT-7A Red Hawks and the F-15EX online now, but that's not the same as having "new" fighters in production. Yes, Boeing's commercial jets are in a hell of a bind right now following the Alaska Airlines door plug disaster, as well has having cost overruns in the KC-47 Pegasus' production. Still, it behooves the USAF and the USN to have fighter production be in a competitive marketplace. And when you look at Lockheed Martin, how they've gone all-in on military production contracts from aircraft to missile systems, it perhaps overly-committed to one producer.
Perhaps much of this will come to two factors: modularity in production (which the F-35 failed to deliver as promised) and open architecture in IT coding to the computer systems in the aircraft, where the true cost-overruns kick into play. I've been part of conversations discussing how certain coding in aircraft operations need to be changed but get bogged down in bureaucratic infighting over how much it'll take to have the original manufacturer rewrite a single line of code for 7 figures.
Also: Look to the drone component, the "loyal wingman" aircraft, perhaps being selected for the 800-1,000+ contract by multiple manufacturers. I've been a fan of Kratos' XQ-58A Valkyrie and General Atomics, who made the MQ-1 Predator drones. I hope Boeing STL gets all the contracts (knock wood), but realistically I see multiple manufacturers getting a share of the work.
Meanwhile, I think Boeing Defense has a potential advantage here in that they haven't been a part of a new major fighter contract in decades. The two most recent fighters, the F-22 and the F-35, both were developed and manufactured by Lockheed Martin. It's not necessarily best practices to dedicate all work to one manufacturer, especially noting all the delays and cost overruns in the F-35's production. It only furthers competition for other companies to be involved in production lines. Boeing Defense does have the eT-7A Red Hawks and the F-15EX online now, but that's not the same as having "new" fighters in production. Yes, Boeing's commercial jets are in a hell of a bind right now following the Alaska Airlines door plug disaster, as well has having cost overruns in the KC-47 Pegasus' production. Still, it behooves the USAF and the USN to have fighter production be in a competitive marketplace. And when you look at Lockheed Martin, how they've gone all-in on military production contracts from aircraft to missile systems, it perhaps overly-committed to one producer.
Perhaps much of this will come to two factors: modularity in production (which the F-35 failed to deliver as promised) and open architecture in IT coding to the computer systems in the aircraft, where the true cost-overruns kick into play. I've been part of conversations discussing how certain coding in aircraft operations need to be changed but get bogged down in bureaucratic infighting over how much it'll take to have the original manufacturer rewrite a single line of code for 7 figures.
Also: Look to the drone component, the "loyal wingman" aircraft, perhaps being selected for the 800-1,000+ contract by multiple manufacturers. I've been a fan of Kratos' XQ-58A Valkyrie and General Atomics, who made the MQ-1 Predator drones. I hope Boeing STL gets all the contracts (knock wood), but realistically I see multiple manufacturers getting a share of the work.
"General Atomics". Sounds like a made-up name from a 1950s sci fi magazine. I love it!
I hope Boeing STL gets all the contracts (knock wood), but realistically I see multiple manufacturers getting a share of the work. I'll do what I can to help
All well and good
But where are the pilots?
https://www.heritage.org/military-strength/assessment-us-military-power/conclusion
All well and good
But where are the pilots?
https://www.heritage.org/military-strength/assessment-us-military-power/conclusion
Boeing Faces Potential Strike from Its Largest Union
https://www.manufacturing.net/video/video/22886222/boeing-faces-potential-strike-from-its-largest-union
https://www.manufacturing.net/video/video/22886222/boeing-faces-potential-strike-from-its-largest-union
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Has anyone heard anything on the status of Boeing Building 33 along Lindbergh blvd? The old McDonnell Douglas Engineering Building. Its been a very long time since I have seen any people in or around the building, even during the day.
https://www.google.com/maps/@38.7647515 ... ?entry=ttu
https://www.google.com/maps/@38.7647515 ... ?entry=ttu