Boeing near decision on future of C-17 cargo plane

Tech. Sgt. Andrew Gravett walks along the top of a C-17 Globemaster III while wearing a safety harness as he does a routine maintenance check of the aircraft June 4, 2013, at Joint Base Charleston, S.C.
Dennis Sloan/USAF

 ST. LOUIS, Mo. — Production of Boeing Co.’s C-17 military cargo plane has been winding down for years. Now the company could know by the end of the year if it’s winding down for good.
Boeing’s chief financial officer said Wednesday that the planemaker is nearing a choice on whether to slow, or even stop, manufacturing on the mammoth four-engine jet, which employs hundreds of people in St. Louis.
“We’ll have to make a decision sometime later this year,” Boeing CFO Greg Smith said at an investors conference in New York, according to a Bloomberg transcript of the event.

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