Thanks for adding this -- I can see the total economic impact of this could be huge.
Until April, they were producing 52 planes per month. Then they reduced to 42/mo. Now maybe zero for some while.
At $100 million per plane, that's $5.2bil/mo!
And over $400 billion in 7 years. Can their defense business cover that? Can the employee 401k's survive?
Comments
They have a lot of orders to fulfill.
Over 4400 units, 80% of their total backlog, representing 7 years of production value at the present production capacity.
Thanks for adding this -- I can see the total economic impact of this could be huge.
Until April, they were producing 52 planes per month. Then they reduced to 42/mo. Now maybe zero for some while. At $100 million per plane, that's $5.2bil/mo!
And over $400 billion in 7 years. Can their defense business cover that? Can the employee 401k's survive?