Boeing Selects St. Louis Plant For Potential Jet Program

Boeing (BA) said today that it would assemble new U.S. Air Force training jets at its military aircraft plant in St. Louis if the airline manufacturer can win a three-way contest for a program estimated to be worth $16 billion, the Wall Street Journal reports.

The plant would manufacture Boeing's T-X trainer jets.

The move establishes the St. Louis plant in competition with facilities in Alabama and South Carolina run or planned by rival companies Lockheed Martin (LMT) and Italy's Leonardo in the bidding to build the first 350 jets.

Boeing also said that the initiative would support about 1,800 jobs in the region, as securing the contract would help maintain experienced workers at the plant.

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