BOEING

BOEING received Bankruptcy Court approval to acquire TECT AEROSPACE, KS (structural components) via auction bid of $19.84m; originally TECT was to be acquired by NWI Aerostructures, but Boeing stepped in with $60m in DIP financing.

Subscription Required

 

BOEING is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.