Boeing Cuts Price Tag For S. Korea — Military Forum

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Boeing Cuts Price Tag For S. Korea

Flyingbronco05 From United States of America, joined May 2002, 3838 posts, RR: 3
Posted (11 years 1 week 2 days 22 hours ago) and read 1378 times:

Boeing cuts fighter jet price for South Korea.

http://biz.yahoo.com/rc/020514/arms_korea_boeing_1.html

My question: Why would they do this?

Never Trust Your Fuel Gauge

4 replies: All unread, jump to last

Boeing in pdx From , joined Dec 1969, posts, RR:
Reply 1, posted (11 years 1 week 2 days 20 hours ago) and read 1347 times:

South Korea told them too.

Jwenting From Netherlands, joined Apr 2001, 10213 posts, RR: 21
Reply 2, posted (11 years 1 week 2 days 20 hours ago) and read 1353 times:

The French government probably offered Dassault enough subsidies that they could lower the price enough to make the Koreans think about cancelling the order unless Boeing lowered the price as well.
Standard French tactic, Dassault is (partially) state-owned.

I wish I were flying

Contact_tower From Norway, joined Sep 2001, 536 posts, RR: 1
Reply 3, posted (11 years 1 week 2 days 10 hours ago) and read 1341 times:

Boeing might not be state owned, but they have 100% support of the goverment in this case. I guess that there are some "if you don't bye the F-15, we (us goverment) won't do so and so....." factors to the deal... Insane

Heavymetal From , joined Dec 1969, posts, RR:
Reply 4, posted (11 years 1 week 2 days 10 hours ago) and read 1316 times:

It's way simpler than that guys....the laws of supply and demand.

Boeing is using every trick up its' sleeve to sell product right now. The 90's were a heady profitable time for Boeing.....so profitable that companies like Boeing got used to posting handsome profits and spread sheets. Their stockholders demanded it.

Now there are a myriad of reasons why Boeing's sales have gone south (the biggest being everyone else's has too!), but all that is so much fodder for the stockholders. They want results.