Brooke Sutherland, Columnist

Boeing's Iran Deal Goes Big League

Corporate America learns the importance of large numbers under Donald Trump.

December 12, 2016 at 7:18 PM UTC

Brooke Sutherland is Bloomberg News' Boston bureau chief and writes the Industrial Strength Newsletter. She was previously a Bloomberg Opinion columnist covering deals and industrial companies and an M&A reporter for Bloomberg News.

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Boeing Co. can throw around "big league" numbers, too, Mr. President-Elect.

The aircraft maker announced on Sunday that Iran Air would purchase 80 planes with a catalog value of $16.6 billion. The agreement is a byproduct of the 2015 Iran nuclear accord and marks Boeing's first deal with the country since the 1970s. But while Boeing's press release addressed the political backdrop and the planes' technological capabilities, a decent chunk of the text was devoted to another topic: jobs.