Boeing Might Be the Biggest Winner in Trump’s Military Buildup - Defense One: The Chicago aerospace company leads more than a half-dozen contractors whose programs stand to get 9- or 10-figure boosts if the president’s budget proposal becomes law.
It’s been a good week for Boeing.
On Wednesday, the firm received a five-year, $3.4 billion deal for 268 Apache attack helicopters. Then on Thursday morning, President Trump said he would nominate Patrick Shanahan, a top Boeing executive, to become deputy defense secretary.
Later on Thursday, the White House said it would seek an immediate $30 billion boost in defense spending — $15.5 billion of which would go toward new planes, ships, tanks, bombs, and other military equipment. The company that stands to get the largest slice? Boeing.
According to documents released by the Pentagon, programs run by the Chicago-based firm would see funding rise as much as $4.3 billion, more than one-quarter of the total proposed boost to acquisition. If approved by Congress, the money would buy 24 F/A-18 Super Hornets for $2.3 billion; two P-8 submarine-hunting planes, $920 million; 20 Apache attack helicopters, $708 million; and two C-40 passenger transports, $208 million.
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