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Tue, Aug 08, 2017

Boeing Reaches Long-Term Agreement With Spirit AeroSystems

Company Is Boeing's Largest Supplier

Boeing has reached an agreement in principle with its largest supplier, Spirit AeroSystems, which builds significant structures and components for all five Boeing Commercial Airplanes programs.

Boeing calls the agreement another important step forward for Boeing’s Partnering for Success program, our collaborative effort with suppliers to reduce costs, improve efficiency and position our products and services to compete in today’s aerospace market.

This agreement, when finalized, will also provide additional stability to Boeing's commercial programs and is part of its ongoing strategy to retire risk from its business.

Boeing said in a statement that it commends Spirit for making a long-term commitment to improve affordability and deliver high quality in their manufacturing for Boeing.

(Source: Boeing media release. Image provided)

FMI: www.boeing.com

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