America is Great again

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America is Great again

Post by confuzzled dude on Fri Feb 23, 2018 6:21 pm

United Technologies handed Donald Trump bragging rights in late 2016 when, just weeks after he won the election, the manufacturing giant publicly credited the soon-to-be president with striking a deal to save hundreds of Indiana furnace factory jobs that seemed destined to move to Mexico.

In exchange for $7 million in state tax credits, the firm agreed to retain 770 of roughly 1,400 positions at a Carrier plant in Indianapolis and send the rest to Monterrey, Mexico. Greg Hayes, the company’s chairman and chief executive, later suggested federal contracts also played a role, saying: “I was born at night, but not last night. … I also know that about 10 percent of our revenue comes from the U.S. government.”

More than a year into Trump’s presidency, that federal money continues to flow to United Technologies’ subsidiaries. The Defense Department recently gave the company’s Connecticut-based aeronautics subsidiary a $2.5 billion contract without competition to provide propeller systems, wheels and brakes, landing gear, flight sensors and other equipment directly to the armed services.
https://www.washingtonpost.com/news/business/wp/2018/02/23/manufacturer-that-cut-jobs-deal-with-trump-gets-2-5-billion-pentagon-contract-without-competition/?utm_term=.478541746c9c

confuzzled dude

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Re: America is Great again

Post by confuzzled dude on Tue Feb 27, 2018 7:35 pm

U.S. President Donald Trump has reached an informal agreement with Boeing on a fixed price contract for the new Air Force One program, the White House told Fox News exclusively on Tuesday.

“Thanks to the president’s negotiations, the contract will save the taxpayers more than $1.4 billion,” Dep. Press Secretary Hogan Gidley.
http://www.foxbusiness.com/politics/trump-wins-big-discount-from-boeing-for-new-air-force-one-planes

Wonder how many tens of billions of dollars worth of federal govt. contracts will be awarded to Boeing, in return.

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