Air Force tanker decision will support tens of thousands of U.S. jobs
The U.S. Air Force has announced that it will award a $35 billion contract to U.S.-based Boeing Company to supply 179 air refueling tankers. Construction of these tankers will support tens of thousands of U.S. jobs. This contract is the first installment on a plan to replace the aging fleet of 500 KC-135 tankers, which first entered service in the 1950s. The Air Force expects to replace its entire fleet of tankers with 400 new tankers, at an estimated cost of up to $100 billion, making it the Air Force’s third largest contract ever.
In a new op-ed, the Economic Policy Institute's (EPI) Robert Scott applauds the Air Force decision and explains why it will create new jobs in the U.S.
Related recent Blogs
- VIDEO: Concerns about America's defense industrial base • by scapozzola • 05/22/2013
- CNBC: China investing in U.S. • by scapozzola • 05/22/2013
- In Indiana, ongoing concerns about subsidized auto parts from China and Japan • by scapozzola • 05/22/2013
- RADIO: AAM's Scott Paul on Leslie Marshall Radio Show, May 20, 2013 • by scapozzola • 05/21/2013
- May 21, 2013 Headlines: Tensions with North Korea, a stronger WTO, and more. • by LRaup • 05/21/2013
- Shoring up our security means addressing the China challenge • by mmcmullan • 05/20/2013
- Quote of the Day from Caterpillar's Doug Oberhelman • by LDonia • 05/20/2013
- May 20, 2013 Headlines: Manufacturing & social media, growth of the U.S. economy, and more. • by LRaup • 05/20/2013
- President Obama visits Baltimore factory to promote infrastructure investment as a means of revitalizing the middle class • by LDonia • 05/17/2013
- May 17, 2013 Headlines: Strengthening our national security, focusing on jobs, and more. • by LRaup • 05/17/2013