Boeing to buy half of fuselage supplier

Published: March. 28, 2008 at 2:16 PM
BOEING 787 DREAMLINER DEBUTS AT PAINE FIELD IN EVERETT

CHICAGO, March 28 (UPI) -- Boeing Co. is in discussions to purchase 50 percent of Global Aeronautica LLC to help fix production problems with the 787 Dreamliner.

Alenia Aeronautica, a unit of Italian aeronautics giant Finmeccanica will purchase the other half of the company from its current owner Vought Aircraft Industries Inc., Crain's Chicago Business Journal reported Friday.

With the purchase, one-quarter of the Dreamliner 787's fuselage will be made in South Carolina, while Vought will continue to construct the aft sections of the plane at a neighboring facility, the report said.

Pat Shanahan, vice president and general manager of the 787 program said, "all three partners in this transaction -- Boeing, Vought and Alenia -- believe these changes will enable the 787 team to continue to overcome supply chain challenges to the program."

Financial details were not disclosed, the report said.

© 2008 United Press International, Inc. All Rights Reserved.
Order reprints



Additional News Stories
Hialeah reopens for racing (23 min)
COL BKB: Wisconsin 78, Maryland 69
'Jetman' flight ends up in Mediterranean
Report: Iverson announces NBA retirement
Obama's use of 'unprecedented' chided
Soderling first through to ATP semifinals
UPI NewsTrack Health and Science News
fark
Atheist group asks to put up sign honoring war veterans near Christmas display. Pennsylvania town...
Scientists have now created a baby bottle that heats itself up in 60 seconds. A perfect gift for...
Photoshop this guy in reflective shades
Suing Activision over World of Warcraft? Don't forget to subpoena Depeche Mode and Winona Rider,...
Hannity: This is one of the coldest years on record, so global warming is a hoax. Science: This...
Spotted cow removed from Mad River in NY. The image in your mind's eye is wrong