Inside these posts: Boeing C-17

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Boeing cutting 1,100 jobs as C-17 demand falls

Time is running out at Southern California’s last major conventional aircraft factory.

Citing declining orders for its C-17 cargo planes, Boeing Co. said it was cutting 900 of the 3,700 jobs at its sprawling Long Beach plant. Barring congressional intervention or a spate of foreign orders — which analysts say is unlikely — the factory is expected to shut down completely by the end of next year.

AP reports that the aerospace giant also is cutting 200 additional jobs in Arizona, Georgia and Missouri in light of the declining demand. Get the full story >>

India may sign $3.5B deal for Boeing planes

India may sign a $3.5 billion deal to buy 10 of Boeing Co’s BA.N C-17 Globemaster III aircraft for its air force, the Economic Times reported on Wednesday. Get the full story »