When the Clinton administration forced the downsizing of the military industrial complex (https://www.nationaldefensemagazine.org/articles/2015/12/2/f...), the USA lost all competition in the larger than regional aircraft. To compete with Airbus (subsidized by the EU), Boeing turned from manufacturing their own airplanes (and using suppliers in America) to assembling planes in Washington and forcing procurement of their products internationally through contracted parts. (https://d3.harvard.edu/platform-rctom/submission/its-complic...). Nippon airways would buy x number of 737s, etc. as long as they were making the brakes. Hell, even Airbus assembles in the USA now to force procurement in America.
> To compete with Airbus (subsidized by the EU), Boeing turned from manufacturing their own airplanes (and using suppliers in America) to assembling planes in Washington and forcing procurement of their products internationally through contracted parts.
Yes, this is one of the more common alternative fact on what happened to Boeing. Going beyond the nonsensical take of the evil subsidized foreign company unfairly competing against the hardworking non-subsidized domestic aircraft builder, as various independent pundits have reported in the light of recent events, Boeing's woes are mostly self-inflicted, starting even before the infamous MD takeover.
But it's true that it is more flattering to paint yourself as the victim of unfair globalization as opposed to acknowledging that the ruthless search of short-term gains came at the cost of product quality and passengers lives.
And there will never be competition. It cost Cirrus (small, single engine GA aircraft) $100 million to get a type certificate. The Boeing 737 max is still on its original type certificate.
Boeing and airbus is what the (western) world has for big jets. It's a duopoly and has no signs of not being one. Boeing probably shouldn't be a public company either.
The rest of world's aircraft manufacturers are quasi majority state owned enterprises.
> Constant pressure to hit quarterly performance targets meant that machine quality often suffered. […] “the actions of these larger corporations and conglomerates, under the leadership of financial MBA’s, perhaps more than any other factor, contributed to the restructuring and decline of the US machine tool industry at the end of the 20th century.”
Probably the sentiment expressed by this excerpt. You can probably point to any example of former US expertise and make a similar statement.