Boeing has had a significant impact on Australia since establishing its first office in Sydney in 1959. Boeing's acquisition of other companies with Australian operations, such as Rockwell International in 1996, expanded its footprint in the country. Boeing Australia now employs over 3,500 people across multiple divisions and has invested hundreds of millions in local facilities and research. Boeing contributes substantially to the Australian economy and GDP, while also collaborating with Australian universities and influencing domestic politics.
Production rates, revenue and profit pose little risk to the
aerospace industry in 2016 as backlogs are full. Rather,
planemakers ponder the risk and reward of spending money to
raise future production rates.
This publication will help you understand the Automotive in Argentina, a developed and innovative industry with a long tradition in the country.
The report includes:
International leading companies with presence in Argentina: Fiat, Ford, General Motors, Mercedes Benz, Peugeot-Citroën, Renault, Toyota, Volkswagen, Iveco and Scania.
Great opportunity for growth in auto parts to complement regional and global demand in the automotive industry which is increasing in sophistication and innovation.
Success case: Rafaela, Santa Fe (Basso) is a leading world producer and exporter of valves.
This document was produced by ProsperAr, Argentina´s Investment Development Agency.
If you need further assistance contact us at info@prosperar.gov.ar or use our website www.prosperar.gov.ar.
Production rates, revenue and profit pose little risk to the
aerospace industry in 2016 as backlogs are full. Rather,
planemakers ponder the risk and reward of spending money to
raise future production rates.
This publication will help you understand the Automotive in Argentina, a developed and innovative industry with a long tradition in the country.
The report includes:
International leading companies with presence in Argentina: Fiat, Ford, General Motors, Mercedes Benz, Peugeot-Citroën, Renault, Toyota, Volkswagen, Iveco and Scania.
Great opportunity for growth in auto parts to complement regional and global demand in the automotive industry which is increasing in sophistication and innovation.
Success case: Rafaela, Santa Fe (Basso) is a leading world producer and exporter of valves.
This document was produced by ProsperAr, Argentina´s Investment Development Agency.
If you need further assistance contact us at info@prosperar.gov.ar or use our website www.prosperar.gov.ar.
av David Ljung
Sysselsättningseffekter av ett frihandelsavtal mellan EU och USA
Inledning
Sedan 1,5 år tillbaka pågår förhandlingar om ett frihandelsavtal mellan EU och USA: Transatlantic Trade and Investment Partnership (TTIP).
Syftet är att främja handeln genom att sänka tullar, ta bort handelshinder som beror på skillnader i regler/standarder samt ömsesidigt öppna upp den offentliga upphandlingen. Om avtalet blev verklighet skulle det bli det största i sitt slag i världen.
Debatten om avtalet är polariserad. EU-kommissionen, som förhandlar för europeisk del, räknar med att avtalet skulle bli en rejäl ekonomisk vitamin- injektion på båda sidor Atlanten. Detta är en bild som bl.a. delas av många företag och företagsorganisationer. Andra aktörer tror på mindre goda eko nomiska konsekvenser. De pekar i stället på risker för sänkta miljökrav, oschysst konkurrens via social dumpning eller begränsningar i det demokra tiska beslutsfattandet.
Även när det specifikt gäller jobben går meningarna isär. Förespråkarna ser framför sig fler jobb, en god löneutveckling och en dynamik där jobbekva tionen i de flesta branscher blir positiv. Skeptikerna talar i stället om neutrala eller negativa jobbeffekter där lönerna pressas och flera branscher i ökad transatlantisk konkurrens får problem.
Syftet med denna korta rapport är att lite närmare analysera jobbaspekten. Hur bör man i generella termer resonera när det gäller sambanden mellan frihandel och jobb? Hur kan man mer specifikt förvänta sig att TTIP skulle påverka europeisk och svensk arbetsmarknad? Hur skulle plus och minus i jobbkalkylen se ut? Vore ett avtal av detta slag ett sätt att pressa ner arbets lösheten?
Att studera jobbeffekter av ökad frihandel är svårt. Att hitta rätt i förutsägelser om vad just TTIP skulle innebära är dessutom en extra hård nöt att knäcka. Tanken med rapporten är därför inte att ge några skarpa svar, utan att mer allmänt försöka guida den som i detta avseende vill se in i framtiden.
Proyecto Diseñado en Computacion Empresarial Personalizada y Privada de Zaragoza, Coahuila como manera de trabajar con el Recurso Humano que se encuentra en la empresa...
Thousands of businesses worldwide supply into the multibillion dollar Aerospace and Defense industry. A BCMS-chaired event in New York examined the factors fuelling M&A activity in this globally significant sector.
av David Ljung
Sysselsättningseffekter av ett frihandelsavtal mellan EU och USA
Inledning
Sedan 1,5 år tillbaka pågår förhandlingar om ett frihandelsavtal mellan EU och USA: Transatlantic Trade and Investment Partnership (TTIP).
Syftet är att främja handeln genom att sänka tullar, ta bort handelshinder som beror på skillnader i regler/standarder samt ömsesidigt öppna upp den offentliga upphandlingen. Om avtalet blev verklighet skulle det bli det största i sitt slag i världen.
Debatten om avtalet är polariserad. EU-kommissionen, som förhandlar för europeisk del, räknar med att avtalet skulle bli en rejäl ekonomisk vitamin- injektion på båda sidor Atlanten. Detta är en bild som bl.a. delas av många företag och företagsorganisationer. Andra aktörer tror på mindre goda eko nomiska konsekvenser. De pekar i stället på risker för sänkta miljökrav, oschysst konkurrens via social dumpning eller begränsningar i det demokra tiska beslutsfattandet.
Även när det specifikt gäller jobben går meningarna isär. Förespråkarna ser framför sig fler jobb, en god löneutveckling och en dynamik där jobbekva tionen i de flesta branscher blir positiv. Skeptikerna talar i stället om neutrala eller negativa jobbeffekter där lönerna pressas och flera branscher i ökad transatlantisk konkurrens får problem.
Syftet med denna korta rapport är att lite närmare analysera jobbaspekten. Hur bör man i generella termer resonera när det gäller sambanden mellan frihandel och jobb? Hur kan man mer specifikt förvänta sig att TTIP skulle påverka europeisk och svensk arbetsmarknad? Hur skulle plus och minus i jobbkalkylen se ut? Vore ett avtal av detta slag ett sätt att pressa ner arbets lösheten?
Att studera jobbeffekter av ökad frihandel är svårt. Att hitta rätt i förutsägelser om vad just TTIP skulle innebära är dessutom en extra hård nöt att knäcka. Tanken med rapporten är därför inte att ge några skarpa svar, utan att mer allmänt försöka guida den som i detta avseende vill se in i framtiden.
Proyecto Diseñado en Computacion Empresarial Personalizada y Privada de Zaragoza, Coahuila como manera de trabajar con el Recurso Humano que se encuentra en la empresa...
Thousands of businesses worldwide supply into the multibillion dollar Aerospace and Defense industry. A BCMS-chaired event in New York examined the factors fuelling M&A activity in this globally significant sector.
My research paper for Managerial Economics, Spring 2010. The paper analyzes the structure of the aerospace industry and Lockheed Martin\'s role in that industry.
Khan Mohd Eshtiaque, is currently a Masters in Management student at IE Business School. Previously, he interned as an M&A summer analyst at BDO's corporate finance division in Dubai, where he worked in deals in a variety of sectors including, natural resources, healthcare, facilities management, technology, real estate, utilities and agribusiness. Prior to that, Eshtiaque interned at the Private Banking department of HSBC.
Flight Global & PwC analysis of top 100 aerospace companies. "Our Top 100 analysis of aerospace companies’ 2013 financial performance puts hard data behind anecdotal evidence that the industry has never had it so good."
In this presentation there is analysis for Boeing, history, sales, supply side analysis, Commercial Aircraft Demand Determinants, Market Drivers, Order Comparison, Delivery Comparison, Current Strategy
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
Which Crypto to Buy Today for Short-Term in May-June 2024.pdf
internationalisation
1. Introduction
The keyto international businessinthe abilitytoanalyse the movementsof acompanyand its
international ventures. Inthe modern,age globalisation isbecominganormand multi-national
companiesare the majorfigure headsinindustrydue totheirvastreach inthe markets. Globalised
companiescanhave an effectonall aspectsof a countrythat it branchesinto,fromeconomyandhealth
as well aslocal politics. USaerospace company,Boeingisa prime exampleof these items;Boeinghas
expandeditsglobal reachtocountriesincludingJapan,ChinaandAustralia,withthe latterbeingthe
company’slargestfootholdoutside the USbase. Thisreportwill investigatethe keyitemsinBoeing’s
expansionintoAustralia,andthe impactsthe venture hashadonthe Australianlandscape.
Historyof the BoeingCompany
The BoeingCompanyisa manufacturerof commercial jetlinersandmilitaryaircraft,andone of the
largestaerospace companiesinthe world.
The ideafor The BoeingCompanywasborn ona lake inSeattle onJuly4,1914, whenWilliamE.Boeing,
a lumbercompanyexecutive fromMichigan,tookaride on a Curtissseaplane withabarnstormer
namedTerahMaroney and NavyCommanderConradWestervelt,(Pelletier,2010). Despite havingno
initial knowledge aboutaircraftBoeingenlistedWestervelttodesignanaircraftforhimto build,this
wouldresultinthe Model 1, B&W Utilityaircraft. On July15, l916, Boeingtestedhisaircraftand
incorporatedhiscompanyasthe PacificAeroProductsCompany,whichwouldlaterbecome The Boeing
Airplane Companyin1917, (Pelletier,2010).
(InsertfirstACPichere)
From here The BoeingAircraftCompanyblossomed. The companygrew duringbothworldwarswith
the developmentof all metal aircraft,propulsiontechnologyanddirectional radiosfornavigationand
nightflying,(Pelletier,2010). By the endof the SecondWorldWar had a large repertoire of well-known
aircraft includingthe B-29"SuperFortress"whichdroppedthe atomicbombsonHiroshimaand
Nagasaki inAugust,l944 endingthe war.
Duringthe space race inthe 1960’s, Boeingwasthe prime integratorforthe developmentof the Saturn
V rocketwhichhelpedputmanonthe moon.
In 1961, BoeingAircraftCompanychangeditsname to the BoeingCompanyatthe time whenAmerican
consumersexpandedthroughthe birthandadolescence of commercialpassengerairline travel.The
companybuiltsome of the mostpopularcommercial airlinersbetween1935 and 1965 includingthe
707, 727, 737, and the 747 “Jumbo”Jet.The 747 wasso expensive todevelopthatitalmostdrove the
companyintobankruptcy,(Pelletier,2010).
Boeinghasfacedsome setbacksoveritslife.In 1969, Boeingreduceditsworkforce from105,000 to
38,000 due to a lackof aircraftorders.Labour problemsledtoastrike that lasted69 days in1995,
resultingin$2 billioninfinancial lossestothe companyaswell assubstantial trickle-downlossestothe
numeroussubcontractorsandcommunitiesinwhichBoeingoperates,(Bauer,2008).
2. In the early1990’s Boeingsortto begindiversifyingthe companytoshiftfrom85% commercial and15%
defence,(GeorgetownJournal of InternationalAffairs,2003). Thisalsomarkedthe era of mergersfor
the BoeingCompanyasdownsizingandconsolidationwithinthe modernaircraftindustryaffectedlead
to a numberof competitorcompaniesbeingintegratedintoBoeing’soperation.BoeingandRockwell
completedamergerof theirdefence andaerospace unitsin1996, whichwouldalsobecome Boeing’s
firststepontoAustraliansoil. AdditionallyBoeingcompleteditsmergerwithMcDonnellDouglas
CorporationonAugust1, 1997 despite some difficultiesgettingapproval fromEurope,(Bauer,2008). In
1993, Boeingdidattemptatakeoverbidfromthe aeronautical side of defence firmGeneral Dynamics,
howevertheywere beatenbyLockheedMartinwhoacquiredthe companyfrom$1.5 Billion,(Pelletier,
2010).
(InsertShiftinIndustryPichere)
Duringthe 1990’s Boeingoperatedthroughfourdivisionsandisnow organisedintotwobusinessunits;
BoeingCommercial AirplanesandBoeingDefence,Space andSecurity. Withcorporate headquartersin
Chicago,Boeingemploysmore than170,000 people acrossthe world,withAustraliahavingthe biggest
presence outsidethe US(BoeingCompany,2012).
Comingto Australia
400 words
Boeing’sfootprintwithinAustraliaissaidtobeginin1927 whende HavillandAircraftCompanybegan
salesandmaintenance atFishermen’sBend,Melbourne. HoweverBoeing’sreal firststepintoAustralia
occurredin 1959 whentheyestablishedtheirfirstoffice inSydneyasa base for salesandsupportof
theircommercial jetfleet,(BoeingCompany,2012). In 1996, Boeingwentontoacquire majorityof the
space and militaryactivitiesof Rockwell International Corporation,whichincludedthe Australian
businessesRockwell Electronics,andAeroSpace Technologiesof Australia(formallythe Government
AircraftFactories),tobecome BoeingDefence Australia,(BoeingCompany,2012). Under the new
bannerthe companyit wasawardedcontracts for the modernizationof the AustralianDefence Forces.
In 2000, BoeingacquiredHawkerde Havilland(formallyde HavillandAircraftCompany) tobecome
BoeingAerostructuresAustraliaandin2002-2003 theymovedto consolidate theirinterestsundera
single entitynowknownasBoeingAustraliaHoldingsPtyLtd,(IBISWorldCompanyReport,2010).
Overthe past 10 years,Boeinghasmade a numberof additional acquisitionswithinAustraliaincluding
JeppesenOptimizationSolutionsHoldingPtyLtd in2006, JeppesenMarine AustraliaPtyLtdand global
supplychaincompanyAviall in2008 andInsituPacificPtyLtd in2009, (IBISWorldCompanyReport,
2010).
CurrentlyBoeingAustraliaemploysabout3,500 people atitsfacilitiesandofficesthroughoutAustralia
and isdividedintofourseparate divisions;CommercialAirplanes,whodevelopmajorpartsforBoeing’s
commercial aircraftincludingthe 737, 747 and new 787, BoeingDefence,Space &Security,whosupply
3. aircraft andprovisionstoglobal military,governmentandcommercial clientswhichinclude the
Australianmade Wedge-Tail radarsystem, F/A 18 Hornetand SuperHornet,andBoeingResearch and
Technologywhocarryout BoeingAustralia'sresearchanddevelopmentactivities,(IBISWorldCompany
Report,2010).
To date,BoeingAustraliahasinvestedmore than$350 millionintothe upgrade of local facilities,more
than $200 millioninresearchanddevelopment,andafurther$100 millionintechnologytransferredto
Australia.BoeinghasexportedfromAustralia$2.5 billionworthof complex aerostructure components,
(BoeingAustralia,2012).
(InsertBoeingAustraliamap)
Factors affectingthe move
400 words
There are a numberof factors that attributedtoBoeing’sshiftintoAustraliafromthe firstpushin1959.
InitiallyBoeing’smove wastosimplysetupabase forsalesand supportof the Boeingaircraftfleet,
whichwasbeingnewlyimplemented intothe Qantasfleet,(Qantas,2012). With Qantasbecominga
newinternationalimporterof Boeingaircraft,thiswouldgive rise tothe needforanAustralianfoothold
fromthe US basedmanufacturerasthe distance betweenthe twocountrieswastoogreatforaircraft
supportto remaininAmerica.
The stepsBoeingtookfor theirengineeringside of businesscouldbe seenasbeingnotquite assimple
as the expansionof salesandmore of an accident. The engineeringaspectof BoeingenteredAustralia
afterthe acquisitionof Rockwell International,whoenteredthe countrythe yearbefore inthe purchase
of the GovernmentAircraftFactories,(GAF)(Walker,1995). Rockwell made the pushtopurchase GAF
aftertheybeganto struggle foraviationcontracts,andplannedto;
To expanditsbusinessandexportactivitiesthroughaccesstosubstantial new work,advanced
technologyandenhancedfinancial resources,(Walker,1995).
Withthe holdingsinAustralia,Rockwell wasable tosecure anumberof contracts from the Australian
militarydue the increasedtechnical knowledge Rockwell hadattheirdisposal. Thiswasduringthe time
whenBoeingplannedtodiversifyitseffortsinthe defence market,andasa resulttheyacquiredmostof
the defence andspace activitiesof Rockwell,withthe by-productof the mergerbeingthe Rockwell
holdingsinAustralia. The mergeralsomade Boeingthe largestaerospace anddefencecompanyinthe
world,(Pelletier,2010).
Boeingproceededtouse the footholdinAustraliaasa potential model forthe company's“aspirationsto
internationalise itsmostlyUS-basedoperationsandbecome atrulyglobal company.” FromAustralia,
Boeingwouldbe able toexpanditsoperationstoemergingAsianeconomies,(Thomas,1997). andis an
ideal environmentforresearchanddevelopment
4. Australiaissetto become the regional base forBoeing,the world'sbiggestdefence andaerospace
conglomerate,andamajor beachheadforthe US manufacturinggiant'sinternational thrust.He said
that Boeingrecognisedthe strategicimportance of the Australianoffshoot,formerlyRockwell,andit
wouldalmostdefinitelybecome the centre fordefence andaerospace activitiesinthe (Australasia)
region.
"But ina globalisedcompanyyougeteverything.Ouremployeesgetaccesstoall that Boeingcanoffer
for theirprojects,includingcareerpaths.Myview isthatBoeingAustraliaisworthfarmore to Australia
as a fullyintegratedpartof the global companythanit wouldbe asa legallydefinedpartnerinaproject
witha finite lifetime."
Australiaisnota marketthatwouldjustifyamajoroverseasinvestment,butitofferscloseness
The impact inAustralia
Boeinghascauseda profoundeffectonAustralia. In2006 Boeingdirectlycontributed$362 millionto
the AustralianGDPand throughitsinteractionwithotherAustralianbusinessesitisestimatedthe
companyindirectlycontributedafurther$174.4 million.In2010 this figure hasrisentoover$790
million,approximately0.056%of the country’sGDP, (IBISWorldCompanyReport,2010).
As well asthe 3,803 people BoeingemploysinAustralia,there isafurther1,400 Australianjobsfrom
relatedsupplierroles,(Kelly,Boeingboostspresence downunderwithPhantomWorksAustralia,2008).
In 2008, Boeing’s introductionof the ResearchandTechnologydepartmenthasresultedinanincrease
intechnological knowledge andintellectualpropertywithinAustralia. The facilitiesinMelbourne and
Brisbane generallyfocusonmanufacturingresearchwhichhasledtoBoeingAerostructuresAustralia
becomingone of the mostadvancedmanufacturingfacilitiesinthe world,(Kelly,BoeingisnoPhantom
inOz, 2008).
BoeingalsoworkscloselywithselectedAustralianuniversitiestoenhance the undergraduate curricula,
supportthe continuingeducationof Boeingstaff,recruitmentandcollaborationonresearchthatmay
be beneficialtothe company.In2008, BoeingcontributedtofourAustralianuniversities;Universityof
Queensland,QueenslandUniversityof Technology,RMITUniversityandUniversityof New SouthWales,
withfundsusedforstudentprojects,travel bursaries,scholarships,awardsandstudentoutreach
programs.
The impact Boeinghashad onAustraliahasalsobeenfeltwithinthe political aspectof Australia. In
2002 BoeingannouncedthatformerLiberal leaderAndrew Peacockwouldbecome the new headof
BoeingAustralia,withthisbeingdubbed;
“A brilliantstrategicappointment.”(Baker,2007).
It isbelievedMrPeacockhelpedsmooththe wayforthose workingon the salesof the FA-18F Super
Hornetaircraft to gettheirmessage acrossto Defence Minister,DrBrendanNelsonregardingthe $6.6
billionpurchase. ItisunderstoodthatBoeingmemberspersonallybriefedNelsonin2006 on the Super
5. Hornetand howit couldfill any"capabilitygap"Australiamightencounterwithitspurchase of the new
JointStrike Fighter(JSF) itwastoacquire in2012, (Baker,2007).
"TheytargetedNelsonandprobablyfairlyquicklyreadintohispersonality,appealingtohisvanityand
desire tobe seenas someone whoisincharge.A decisionmaker,"(Baker,2007).
The purchase of the BoeingFA-18Fhas raisedsignificantcontroversyinthe Australianparliament,with
argumentsoverthe disregardfornormal purchasingprotocol andthe capabilitygapof the aircraft
causingAustraliato“lose itsair superiorityinthe Australasianregion,”(Fowler,2007).