Hey....Worth a LOOK.... towerclimber92 Thursd
Post# of 22940
Posted On: 03/31/2016 9:16:14 PM
Hey....Worth a LOOK....
towerclimber92 Thursday, 03/31/16 08:35:50 PM
Re: None
Post #
76983
of 76990 Go
Boeing takes spare part making from Spirit AeroSystems
REUTERS 8:31 PM ET 3/31/2016
Symbol Last Price Change
BA 126.94 -1.64 (-1.28%)
SPR 45.36down -0.99 (-2.14%)
QUOTES AS OF 04:01:45 PM ET 03/31/2016
NEW YORK (Reuters) - Boeing Co(BA) said it is ending an agreement with one of its largest suppliers, Spirit AeroSystems Holdings Inc(SPR) , effectively taking away manufacturing of profitable spare parts used in aircraft repairs.
"Spirit's contract with Boeing(BA) allowing them to make and sell spare parts using Boeing(BA) intellectual property expired February 29 and will not be renewed," Boeing(BA) said in response to questions from Reuters.
(Reporting by Alwyn Scott; Editing by Sandra Maler)
hmm.. I wonder if Paul Wiggum of Avcorp is going to take over the supply chain role for Boeing? Isn't this the same executive who met up with Bill at the Seattle Boeing HQ?
imo
$TPAC
towerclimber92 Thursday, 03/31/16 08:35:50 PM
Re: None
Post #
76983
of 76990 Go
Boeing takes spare part making from Spirit AeroSystems
REUTERS 8:31 PM ET 3/31/2016
Symbol Last Price Change
BA 126.94 -1.64 (-1.28%)
SPR 45.36down -0.99 (-2.14%)
QUOTES AS OF 04:01:45 PM ET 03/31/2016
NEW YORK (Reuters) - Boeing Co(BA) said it is ending an agreement with one of its largest suppliers, Spirit AeroSystems Holdings Inc(SPR) , effectively taking away manufacturing of profitable spare parts used in aircraft repairs.
"Spirit's contract with Boeing(BA) allowing them to make and sell spare parts using Boeing(BA) intellectual property expired February 29 and will not be renewed," Boeing(BA) said in response to questions from Reuters.
(Reporting by Alwyn Scott; Editing by Sandra Maler)
hmm.. I wonder if Paul Wiggum of Avcorp is going to take over the supply chain role for Boeing? Isn't this the same executive who met up with Bill at the Seattle Boeing HQ?
imo
$TPAC
(7)
(0)Trans-Pacific Aerospace (TPAC) Stock Research Links
Scroll down for more posts ▼