Can Boeing’s Purchase Of Spirit AeroSystems Help Solve Its Problems?

Boeing executives on "How can we solve the problem?" Fixing production flaws and use better material ❌ Hiring more Hitman ✅

Boeing solving their problems Buy Spirit Aerosystems ❌ Turn their whistleblowers into a Spirit ✔

how about putting engineers back in charge again

They can start improving themselves by not killing their whistleblowers 🤷‍♀

I worked engineering at Boeing Wichita when the Commercial side was sold off to Onex in 2005. A lot if experience older employees were laid off -- everyone knows the main goal was to cut cost. Boeing finally left Wichita completely around 2013 and 2/3 of employees would laid off again to cut cost. It is actually Ironic to hear Boeing consider the Wichita workforce again after decades of reporting the need to lower cost. I spent decades working for Boeing and never knew if I'd have a job next year. Though in the end they helped me raise my family and financially set me for life. Quite bittersweet if I am being honest.

Here’s a simple idea for Boeing: stop cutting corners with safety, stop punishing whistleblowers, and act like you’re building products where hundreds of people’s lives are at stake every time they’re in use. Seems like pretty no-brainer, business school 101 ideas, but there’s basically nothing corporate executives won’t do to hit their quarterly profit targets, even if it means risking people’s lives. This is what happens when your entire incentive structure is aimed at short term gain and not long term growth. Profits > everything, even human life unfortunately.

They literally permanently silenced 2 whistleblowers, why is the public not alarmed

They not only need a new CEO, they need to purge their management tree of the people who got them in this mess. They need to do the same with the board. There have been a few board changes, but not enough. They need a board committed to restoring Boeing's place in the industry.

In 2003, a very senior JPMC person (1 level from exec committee) told me, "great news, we are almost done with corporate integration!". And I was like, "wow, the Chase integration (in 2000/01) is done?". He responded, "god no, I am talking about the Chemical Bank (1996 merger)". Merging large companies and their processes is VERY hard. The temptation of a complex org like Boeing, especially when end-to-end quality is a top concern, is to simply add additional layers of governance process, and the direct consequence of such a "bandaid fix" is then production effectively grind to a halt. This simply has a complete disaster written all over it.

Get rid of all the folks that came from McDonnell Douglas, Put Engineers back in charge, and move back to Seattle. 🛫

Get rid of the bean counters, replace them with engineers, and concentrate of safety. The rest will take care of it’s self.

"boeing has to bring sprit in-house to manage better" aka hide the flaws better

I like how the people that caused the problems will benefit financially. This is sooooo USA.

Boeing is not alone in moving from their core competency to a financial-focus. Look at GE before and after Jack Welch.

This is the same "long road ahead" script from 2019 when the stock and two planes crashed from $450 a share. The 737 was being produced at a rate of 52/mo before the global MAX fleet was grounded in March 2019. In November 2022, Boeing announced its goal to hit a rate of 50 by the end of 2025. Today, the advertised production rate is 38/mo. Cornell Beard, the president of The International Association of Machinists and Aerospace Workers, told The Wall Street Journal that continued pressure on employees could be pushing quality control to suffer. He added, “We have planes all over the world that have issues that nobody has found because of the pressure Spirit has put on employees to get the job done so fast”.

Giving the ex CEO the biggest exit package in the history of the company is a fckn farce.

Boeing: "how we can get rich?" : "let's outsource, outsource, outsource" : "we got quality issues now, what to do?" : "let's hitman, hitman, hitman"

Boeing problems will be fixed when you replace the upper management with actual engineers who care and understand plane design. Right now its led by people looking for ways to build cheap and keep profits high for the executives and share holders.

If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you... prevent inflation

Good thing I’m flying in an ancient 767 to London soon.