Major aerostructures supplier Daher is prioritizing Airbus A320 component deliveries to help mitigate supply chain issues that have caused production delays.
Ihssane Mounir, Boeing senior VP for global supply chain and fabrication, told a key supplier conference that suppliers and the OEM owe each other transparency.
MRCY’s revenue fell to $197.5 million from $229.6 million a year earlier, while earnings per share were -$0.42, well below a consensus estimate of $0.07.
Doug Ackerman, vice president for supplier quality at Boeing Commercial Airplanes, updated a key supplier conference on the nature of its supply chain problems.
Honeywell plans to expand its Olathe, Kansas, facility under an $84 million project for the production of avionics and printed circuit-board assemblies.
ADS Group is calling on the next UK government to pursue a new industrial strategy that supports industry to give the country a greater strategic advantage.
The FAA’s decision to freeze 737 MAX production levels likely does not have a significant effect on top suppliers, according to executives and analysts.
Large spans of water and a lack of strategic depth in some countries make airborne early warning assets a valuable commodity for air forces in the region.
Holding 70% of the company’s outstanding shares, they could declare a crisis of confidence, challenge the status quo and demand a change in top management.
Though Boeing’s 737-9 is now allowed to return to service after close inspections, the FAA’s decision to freeze production at current levels is a huge blow.
