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Boeing Bolsters Alabama Economy By $700 Million Yearly, Company States

The Boeing Co. [BA] through its Ground-based Midcourse Defense (GMD) program contributed more than $700 million to Alabama's economy last year and supported nearly 5,600 direct and indirect jobs, according to a new University of Alabama study performed on Boeing's behalf. The study, conducted earlier this year, found that Boeing's work on the GMD program contributed $198 million in Alabama household earnings, and that the average Boeing GMD worker last year earned nearly twice the average wage of Alabama workers…

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