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In late October, Reuters first revealed a decision by the supplier to temporarily furlough 700 employees, who produce parts for Boeing's 767 and 777 jets, due to space constraints.
Spirit AeroSystems, the troubled Boeing supplier which builds fuselages and other parts for the company, reported its first adjusted quarterly profit since the start of 2022, helped by increased ...
But as Dorsey worked on the Boeing 777 and 787 Dreamliner across the 1990s and 2000s as more manufacturing was outsourced, he said things began to unravel, leading to “chaos” filtering down ...
Boeing said it continues "to work closely with our valued supplier to stabilize our production system and help us deliver for our customers." Shares of Spirit, which must repay the $350 million in ...
Boeing (NYSE: BA) has launched a new program to help its suppliers -- in return for a little favor from them. The aerospace giant's offering to work closely with the companies that supply parts ...
The Department of Defense announces contracts valued at $7 million or more each business day at 5 pm. [2] All defense contractors maintain CAGE (Commercial and Government Entity) Codes and are profiled in the System for Award Management (SAM). [3]
Reuters this month reported that Boeing has signaled a more aggressive ramp up to suppliers, asking them to be ready to go up to 57 jets per month on the 737 Max by mid-2025.
Last month, Wichita, Kansas-based Spirit Aero said it was burning through dwindling cash reserves, as a strike by Boeing’s US factory workers hammered the planemaker’s biggest supplier. Spirit ...