Interesting article from the Seattle Everett Herald regarding Boeing's Technical Fellowship Program, which is essentially the braintrust and cream-of-the-crop of Boeing engineering. Formed in 1989, it was designed for those Boeing engineers and scientists who were not seeking management positions. Currently the program comprises less than 5% of the company's engineers and scientists, while 56% are 50 years or older, with the minimum retirement age set at 55. Suffice it to say, there could be a potential of high-level talent leaving the company due to retirement. Combine that with the high amount of outsourced engineering that was incorporated with the 787 (though that's being reigned in somewhat) and the recent tendency to layoff young engineers during Boeing's down times in the industry, and you're looking at a big engineering hole that will eventually need to be filled. And that can't be done just overnight. Click below to read more on this topic.
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