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by tmiku 811 days ago
I agree with your sentiment, but not the reason - instead of concern about competition/short-term profitability, Boeing has always thrown huge amounts of money into stock buybacks, even while development is running over budget. This article is a great window into the institutional rot at Boeing, and I think it highlights the problems caused by large companies' decisions being dominated by their own stock price: https://newrepublic.com/article/154944/boeing-737-max-invest...