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The Decay of Boeing
The aircraft manufacturer is the flagship company of U.S. airpower and aerospace. Succession failure in engineering and on the factory floor now threatens its functionality.
Although Boeing is also a major defense contractor, about 60% of its total revenue of roughly $78 billion comes from commercial business. In late 2018 and early 2019, two of Boeing’s new jetliners fatally crashed, killing a combined 346 people. Since January 2024, Boeing planes have experienced a series of near-catastrophic incidents that have garnered popular attention and regulatory concern, including an “equipment failure” that caused a temporary mid-air nosedive injuring over fifty people.
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