{"id":1055,"date":"2013-02-25T15:58:05","date_gmt":"2013-02-25T21:58:05","guid":{"rendered":"http:\/\/peaceeconomyproject.org\/wordpress\/?p=1055"},"modified":"2013-02-26T16:04:28","modified_gmt":"2013-02-26T22:04:28","slug":"how-sequestration-could-be-a-boon-for-boeing","status":"publish","type":"post","link":"https:\/\/peaceeconomyproject.org\/wordpress\/how-sequestration-could-be-a-boon-for-boeing\/","title":{"rendered":"How Sequestration Could Be A Boon For Boeing"},"content":{"rendered":"

KMOX
\nClick here for original article<\/a><\/p>\n

If Congress fails to reach a budget deal by March 1st, how could the\u00a0automatic cuts<\/a>\u00a0affect Boeing?<\/a><\/p>\n

\n

Senator Claire McCaskill says if the cuts kick in, the drop in defense spending across the board could actually help Boeing sell the Pentagon FA-18 fighter jets.<\/p>\n

\u201cIronically, the sequestration might work to the benefit of the FA-18 because it is much less expensive than the Joint Strike Fighter and has 85 percent of the capability,\u201d she said.<\/p>\n

\u201cI mean, I know it\u2019s hard for anybody to believe this, my fight for the FA-18. Yes, it\u2019s\u00a0St. Louis\"icon1<\/a>\u00a0and yes, it\u2019s jobs but if you\u2019re a fiscal conservative, you see the value of FA-18 because it is such a better value for taxpayers than the Joint Strike Fighter,\u201d McCaskill added.<\/p>\n

The Joint Strike fighter is made by Boeing\u2019s rival, Lockheed Martin. Hazelwood-based Boeing Defense employs just under 15,000 employees and last fall announced plans to cut ten percent of its\u00a0management positions\"icon1<\/a>\u00a0here by the end of 2012.<\/p>\n

McCaskill say she\u2019s\u00a0pessimistic<\/a>\u00a0about Republicans and\u00a0Democrats\"icon1<\/a>\u00a0working a budget compromise before the deadline to avoid the automatic cuts.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

KMOX Click here for original article If Congress fails to reach a budget deal by March 1st, how could the\u00a0automatic cuts\u00a0affect Boeing? Senator Claire McCaskill says if the cuts kick in, the drop in defense spending across the board could actually help Boeing sell the Pentagon FA-18 fighter jets. \u201cIronically, the sequestration might work to […]<\/p>\n","protected":false},"author":1,"featured_media":1056,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[8],"tags":[169],"class_list":["post-1055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-boeing"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t