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Re: The taxpayers got a bargain much bigger than they bargained for... 

By: oldCADuser in FFFT | Recommend this post (4)
Tue, 25 Mar 14 6:06 AM | 61 view(s)
Boardmark this board | Food For Further Thought
Msg. 62212 of 65535
(This msg. is a reply to 62207 by Zimbler0)

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Follow the breadcrumb trail…

http://en.wikipedia.org/wiki/Fairchild_Aircraft

Fairchild-Republic developed and manufactured the A-10.

In 2003 the assets of Fairchild-Republic were sold to M7 Aerospace in San Antonio, TX.

http://en.wikipedia.org/wiki/M7_Aerospace

M7 Aerospace specializes in the production of replacement parts for military aircraft as well as performing maintenance, upgrades and providing logistical support.

In 2010, M7 Aerospace was purchased by Elbit Systems, an Israeli company.

http://en.wikipedia.org/wiki/Elbit_Systems

In addition to designing and manufacturing drones in Israel, Elbit owns several American companies most of whom do business with the Pentagon supplying repair parts, logistical support and maintenance services for several current military aircraft programs.




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OCU




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The above is a reply to the following message:
Re: The taxpayers got a bargain much bigger than they bargained for...
By: Zimbler0
in FFFT
Tue, 25 Mar 14 3:26 AM
Msg. 62207 of 65535

Nope.

And, I do not know where you get your nutty ideas,
OCU, but Israel 'owning' the A10 is plain nutty.

http://www.fool.com/investing/general/2013/12/08/can-anyone-kill-the-air-forces-a-10-warthog.aspx

Who will win the day?
The A-10's defenders may get their wish, too. Last week, a small defense contractor by the name of CPI Aerostructures (NYSEMKT: CVU ) confirmed that it has just received $15 million worth of parts orders from Boeing (NYSE: BA ) . Their object: to build structural assemblies on subcontract, helping Boeing to upgrade the wings on the Air Force's A-10 fleet.

So as of today, it looks like the money is still flowing. And so long as the money's flowing, the A-10 will keep flying.

. . .

CPI Aerostructures, Inc.

www.cpiaero.com/‎

CPI Aero

CPI Aero is a U.S. manufacturer of structural aircraft assemblies for fixed wing aircraft and helicopters in both the commercial and defense markets. Within the ...

. . .

(Or is Boeing an Israeli company now?)

Zim.


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