Prosecutors said Boeing breached obligations under the agreement, failing to design and enforce compliance to ward off future violations of U.S. fraud laws.
Airbus is raising production of its A350 widebody further to 12 aircraft per month despite the current supply chain constraints that show no signs of easing.
Nearly flawless fuselages and a sufficient supply of heat exchangers are the two key pacing items determining Boeing’s monthly output of 737s and 787s.
Boeing is working to validate recommendations for inspections on 787 forward pressure bulkheads to identify potential problems in the critical subassemblies.
Tom Gentile succeeds Chairman, CEO and President Nick Stanage, “who worked closely with the board on his desire to retire at the end of the year,” Hexcel says.
CFO Brian West told a Bank of America investor conference that Boeing would buy back Spirit using cash and debt; Boeing ended 2023 with almost $16 billion.
