Newsstand - Boeing Seeks Partnership in Russia

Boeing Co.'s top man in Moscow rejected charges his company wanted to conquer Russia's aerospace industries and said an aggressive investment strategy was aimed at mutual benefits for it and Russian firms.

Sergei Kravchenko, Boeing vice president for cooperative programs and business development in Russia and the CIS, said in a Monday interview that Boeing had shown its commitment to Russia with investment here of $1 billion over eight years.

``We think that the figure $1 billion in (Russian) programs speaks for itself,'' Kravchenko said.
http://www.nytimes.com/reuters/business/business-transport-bo.html

Union Leaders Say Boeing's Russian Deal Hurts US Jobs

Leaders of Boeing's second largest technical workers union today said the aerospace giant is poised to sacrifice jobs at its 717 production line in Southern California in order to move ahead with plans to develop a similar jetliner with Russian partners.

http://biz.yahoo.com/bw/011019/190380_1.html