Suppliers to Spirit AeroSystems can expect further pressure to cut prices or costs this year and beyond as the aerostructures giant finalizes a new master agreement with ultraimportant customer Boeing. Wichita-based Spirit has indicated a final “master” agreement should be wrapped up by Jan. 31. The company announced in late December that it reached a memorandum of agreement (MOA) with aircraft OEM Boeing on Dec. 21, outlining key aspects of the deal. Besides a release of ...


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