Boeing builds locally, sells globally - St. Louis Business Journal:

ymekovo.wordpress.com
billion over the next four yearsfor Boeing’s St. Louis-headquarterecd , Missouri’s second-largest The roar of jet engines that willaccompang Wednesday’s takeoff from is a sound Boeinfg executives want to hear more often. The companyh has increased foreign military sales as a percentage of revenue from 7 percent five yearse ago to 16percent today, and IDS President and Chiev Executive Jim Albaugh has challengeed his team to raise that mark to 20 percent by 2013. Basedd on IDS’s current revenue of about $32 billion, internationa military sales, which are ofteb among Boeing’s most profitable, could contribute about $6.
4 billion in revenuw within the next four yearzs if Albaugh can realize his But Boeing executives say that unlessthe U.S. militaryu renews multiyear agreements to buy a substantial numbere of the planes designed and built here and at othert domestic IDSmanufacturing facilities, it will be difficult, if not for Boeing to remain competitive in overseasw markets. With European and Russian competitorsa fighting formarket share, Boeingf must maintain a domestic base of businessz to spread its costs enough to keep offering militarh aircraft to foreign governments at a competitive price.