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In August 2004 BAE acquired Boeing Commercial Electronics for $66 million (£36m). [5] This was an Irving, Texas-based division of Boeing responsible for the manufacture of electronic components for the company's aircraft. Boeing announced the sale of the division in 2003 as part of a move to outsource component manufacture and "concentrate on ...
The division was established on July 1, 2017, [3] and is headquartered in the Legacy West development in Plano, Texas. [4] BGS is one of the most profitable divisions of Boeing, earning a record US$19.1 billion in 2023 in revenue at a time when the company's other two divisions operated at a loss.
It ranked 322 prior to its sale to Berkshire in 2016. PCC announced the purchase of Carlton Forge Works in October 2009 for $850 million and Primus International Inc. in July 2011 in a $900 million deal. [11] Primus made parts for airplanes, selling their products to both Airbus and Boeing. [11]
The Texas attorney general has opened an investigation into a key Boeing supplier that is already facing scrutiny from federal regulators over quality of parts that it provides to the aircraft maker.
The Boeing brand is on display in the exhibition hall during the Bali International Airshow 2024 at Ngurah Rai International Airport in Kuta, Bali, Indonesia, on September 19, 2024.
Boeing's parts and distribution business, which falls under its Global Services division, provides material and logistics support to its customers, according to the company's 2022 annual report.
Wichita plant as seen in 2005, just before Spirit Aerosystems took control. Spirit was originally formed as Mid-Western Aircraft Systems when Boeing sold its Wichita factory along with facilities in Tulsa and McAlester to the investment firm Onex Corporation in June 2005 for US$900 million in cash and the assumption of $300 million in debt, a total of $1.2 billion in enterprise value.
The post Texas attorney general makes diversity inquiry in new investigation of Boeing supplier appeared first on TheGrio. ... Kansas-based supplier to turn over documents produced since the start ...