Boeing on Jan. 6 provided more details on how the 737 MAX production pause will progress, while major program supplier Spirit AeroSystems said it will begin accepting “voluntary” layoffs.
Publicly traded shares of aerospace and defense companies around most of the Western world ended 2019 about 34% above where they began a year ago, and 6% better off than major stock market indices, Wall Street analysts said in year-end reports.
Private equity investors Main Street Capital Holdings on Dec. 18 said it created a new company, Compass Precision, to acquire precision metal manufacturers.