Beth, that's a really, good question that no one is answering. The partnership appears to be aimed at the first possibility: growing the commercial Chinese aircraft market. What Boeing will get out of this is not clear--it may or may not be a cheaper source of aircraft production. That would make a lot of sense--and take away more US jobs.
Excellent point, TJ. While China can definitely bring a lot to the table and collaborative efforts are inherently good for industry, there are definite red flags that require close attention. Intellectual property in the aerospace sector certainly has longer legs than IP in the fast-paced world of consumer electronics so it's an issue that requires viligence as part of the partnership terms.
Ann, it seems that like in other areas Chinese government wants an upper hand in avionic sector too. That could be the one reason for Chinese companies for a joint venture in R&D and major investments. anyway they have a major stake in Hardware and associated areas
Good story, Ann. I agree with Beth, this is an interesting development. On the surface, it looks like a good move to involve China in U.S. industry. I would imagine Boeing will be very, very careful with its IP. This could be a good step toward maturity for China's airline industry.
Interesting development and and another example of China's manufacturing and development muscle reaching into every important industry segment. Does this partnership spell more aircraft production to serve the Chinese commercial aircraft market or does it portend China playing a bigger role in providing aircraft for the global commercial aircraft industry at large, or both?
In his keynote address at the RAPID 2015 conference last week, Made In Space CTO Jason Dunn gave an update on how far his company and co-development partner NASA have come in their quest to bring 3D printing to the space station -- and beyond.
On Memorial Day, Americans remember the sacrifices the US armed forces have made, and continue to make, in service to the country. All of us should also consider the developments in technological capabilities and equipment over the years that contribute to the success of our military operations.
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