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Boeing, Spirit AeroSystems agree to tentative supply deal

Apr. 15, 2014 7:55 AM ETThe Boeing Company (BA) StockBA, SPRBy: Carl Surran, SA News Editor1 Comment
  • Boeing (NYSE:BA) says it has reached a partial agreement on details of a new deal with Spirit AeroSystems (NYSE:SPR), one of its largest suppliers, but the two sides have yet to finalize a long-term pact for key parts of its main commercial jet programs.
  • The proposed agreement would cover parts such as fuselages produced for Boeing's 737 plane; it would run through the end of 2015, and doesn't cover a new version of the 737 or planned upgrades of the 777 and larger models of the 787 Dreamliner.
  • Boeing is leaning on its suppliers to help drive down costs on the 787 and other programs.

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