Boeing Says Air Force Will Order More C-17 Jets

November 30th, 2007  
Team Infidel

Topic: Boeing Says Air Force Will Order More C-17 Jets

Los Angeles Times
November 30, 2007 By Bloomberg News
Boeing Co. predicted Thursday that the Air Force would order as many as 14 more C-17 transport jets, extending the plane's production.
Boeing is funding parts purchases at its own expense in anticipation that the Air Force will add more C-17s to its 190-plane order. The Chicago-based company has delivered 170 aircraft already and may shut down production in Long Beach if additional orders don't come in.
"There will be more money for C-17 in the '08 supplemental for the war on terror," Boeing Defense Chief James Albaugh said at an aerospace conference in New York. "We see 10 to 14 being ordered based on testimony from the Air Force and what we've heard on Capitol Hill."
Albaugh predicted that the C-17 program would "continue well into the next decade."
Shares of Boeing fell 40 cents to $93.21.
November 30th, 2007  
Congress is pushing for the purchase of C-130J's. A good article about it here:

The Hill magazine reports that Lockheed Martin is lobbying the US Air Force to buy an additional 120 C-130J aircraft, under an offered multi-year contract worth more than $6 billion.

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