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Airbus intends to double its $12B annual procurement budget in the U.S. by 2020 as a result of...

  • Friday, October 19, 2012, 5:25 AM ET
    Airbus intends to double its $12B annual procurement budget in the U.S. by 2020 as a result of the $600M A320 plant it's constructing in Alabama. The increase includes also doubling the $1B Airbus spends in Southern California, but warns that the region needs to become more competitive.
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