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Boeing Points to More Economic Benefit from Potential Tanker Win – This Time in Illinois

Boeing (NYSE: BA) reports that Illinois would see an estimated 1,100 total jobs and generate an estimated $57 million in annual economic impact if the Boeing NewGen Tanker bid is successful.

The $35 billion contract is expected to be awarded this fall.

“Boeing’s NewGen Tanker would support more than 200 jobs at Hamilton Sundstrand in Rockford and in the surrounding communities, bringing $11 million in economic impact to the region each year,” said U.S. Rep. Don Manzullo. “Boeing is in great position to win this competition and build the Air Force’s next-generation refueling tanker, putting more Americans back to work in northern Illinois and throughout the country.”

Both Boeing and contract rival EADS have both launched significant advertising campaigns to promote their plans.

“I have been a strong supporter of Boeing building the new tanker, precisely because it will mean good paying jobs right here in Illinois,” said U.S. Rep. Jerry Costello. “This fact is even more important as we continue to deal with the effects of the economic downturn. Boeing has a tremendous economic impact on our state, and I look forward to this process moving toward completion.”

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