Gurit, a Swiss-based provider of prepreg composite materials for aerospace, announced April 23 that its longtime CEO Rudolf Hadorn will step down at the end of March 2021 but could eventually become chairman of the board of directors.
Boeing is reorganizing top managers and their duties, the company said late April 21, in what is the first headquarters overhaul under relatively new CEO and president David Calhoun.
Kawasaki Heavy Industries (KHI) and Subaru have suspended production of 787 components in response to Boeing’s earlier decisions, now partly reversed, to stop work on the program amid the coronavirus outbreak in the U.S.
Howmet Aerospace has eight mostly smaller manufacturing plants that are closed because of the coronavirus, the company’s chief executive said late April 14, and more were shuttered in March when the Pittsburgh-based supplier was still part of Arconic.
Spirit AeroSystems—the primary supplier to Boeing including for much of the 737 MAX and which does substantial defense industry work—warned Wall Street on April 14 it will record a roughly $160 million loss for the recently ended first quarter of 2020, as well as a pretax loss of around $102 million.
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Boeing’s suspension of aircraft production at its major Puget Sound and Moses Lake, Washington, campuses has been extended “until further notice,” the OEM said April 5.
