One of the biggest aviation companies in the entire world is looking to stay on President Donald Trump’s national manufacturing council. According to Boeing's (NYSE:BA) CEO, Dennis Muilenburg, they will continue with staying on Trump’s Council with high hopes of making important progress in the near future. The aviation company also announced several plans they have in store for India.
The Chicago-based aviation company’s CEO Dennis Muilenburg said that the decision to stay on the manufacturing council is highly buoyed on the probability of making a greater impact in the foreseeable feature. The Trump national manufacturing was founded last January, the whole council is made up of top businesses and industry leaders; they are formed to stimulate a change in the current industry and the current market.
On a note provided by Boeing’s spokesman, John Dern, "Dennis feels and the company feels staying engaged with business leaders and policymakers is important,"
On the other hand, colleague and fellow defense giant Lockheed Martin (NYSE:LMT) strayed away on the council and remained silent after reports of defections by other corporate executives circled around this week. According to their spokesman, the company’s CEO Marilynn Hewson declined to comment further on the circling news.
Lockheed Martin continues to stride as the biggest and largest defense contractor; they received several rewards such as Special Operations Forces Global Logistics Support Service Program.
Another announcement that the aviation company has graced us with their new plans regarding the India civil aviation market; they said have forecasted that the local market will need at least 2,100 new airplanes for the following 20 years. They said that this can open a bigger chance for jet makers; the estimated profit is expected to hit the $290 billion mark.
On the company’s production side, the North Charleston production pioneered production practice is going nationwide and even global in the near future. The production practice is highly geared toward greater productivity which was pioneered in the Boeing Co.'s 787 Dreamliner factories in North Charleston and Everett, Washington.
According to the company’s spokesperson on the recent 787 Dreamliner assembly process, "It means all of the parts were there, everything went right the first time and you got it done right as quickly as possible, including passing all of the quality checks. It's not just a matter of chasing the best time; it also has to be done well."