JapanInc takes a 20% kickback on new Boeing 7E7

[Taro Toporific]

Japanese Companies to Take 20% of 7E7 Plane
June 15 (Bloomberg) -- Boeing Co., the world's biggest planemaker, expects Kawasaki Heavy Industries Ltd. and other Japanese suppliers to take at least a one-fifth stake in its new 7E7 aircraft.
Alan Mulally, Boeing's commercial aircraft head, said Japanese companies will likely pay for at least 20 percent of the development costs of the new plane, as they did for the aircraft maker's 767 and 777 planes. He said other companies, which he didn't name, may also take stakes in the project.

[Taro Toporific]

Japanese Companies to Take 20% of 7E7 Plane
June 15 (Bloomberg) .

Ok, ok, so I lied...here's the real picture of the plane...

Boeing outlines Dreamliner plans
Monday, June 16, 2003 Posted: 0234 GMT (10:34 AM HKT)
LE BOURGET, France (Reuters) -- Boeing Co. is considering forming a separate company to build its proposed 7E7 Dreamliner jet
Boeing marketing executive Robert Pollack shows a model of the 7E7.

http://i.cnn.net/cnn/2003/WORLD/europe/06/15/paris.airshow.boeing.japan.reut/story.b7e7pollackafp.jpg

And here
http://www.boeing.com/flash.html
http://www.newairplane.com/USA/images/header.jpg

[Taro Toporific]

Tuesday, June 17, 2003 Posted: 0146 GMT ( 9:46 AM HKT)TOKYO, Japan (Reuters) -- Mitsubishi Heavy Industries Ltd will design and manufacture the main wings of the next-generation B7E7 passenger jet under development at Boeing Co, the Nihon Keizai newspaper said on Tuesday....Mitsubishi will apply the technology used on Boeing's new airliner in its plan to develop a 30-seater jet in cooperation with Fuji Heavy Industries Ltd, the paper said.

[Taro Toporific]

Boeing expects jet to taxi in at half the cost
USA TODAY / 6/17/2003 9:40 PM
... a package of tax cuts and other incentives worth $3.2 billion over 20 years, which the Washington Legislature quickly approved.
That translates into $133,000 a year for each of the 1,200 workers the factory would employ. "I think Washington is now back in the running," says aviation industry consultant Scott Hamilton. "After all, a $3.2 billion corporate bribe is no small potatoes."

...At peak production in the 1980s, Boeing's 747 productionline employed 10,000 workers churning out a new jumbo jet every 23 days. Fuselage sections or the pieces of the tail arrived by rail from suppliers. But Boeing workers always built the wing, cockpit and thousands of ...
With the 7E7, Boeing will require suppliers to deliver ready-to-connect sections. Final assembly will require 1,200 workers to finish a jet every three days. Breaking with tradition, Boeing will likely subcontract the wing, probably to Japan, which already supplies fuselage sections for the 777.

[Taro Toporific]

Japan May Make 'Dreamliner' Nat'l Project
Aug 20 2003 8:40AM GMT
TOKYO (Reuters) - The Japanese government is likely to designate Boeing Co's planned next-generation commercial passenger jet, the 7E7 "Dreamliner," a national project, an industry source said on Wednesday...It's highly likely that the government will make such a decision," said the source. Boeing's 777 and 767 planes were both designated national projects.

[Crispy]

My dad works in Boeing marketing, and told me that at this point, the Japanese would not consider a large scale purchase of anything like that if it didn't create jobs for them. Seems simple enough...