Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Boeing to incur charge related to sale of production facilities

July 13, 2018 6:14 PM
46 0

(Reuters) - Boeing Co (BA.N) said on Friday it would incur a charge of $124 million in the second quarter related to the sale of some production facilities to Spirit Aerosystems (SPR.N).

The announcement came after the Delaware Supreme Court ruled that the planemaker is not entitled to recover certain costs associated with the 2005 sale of its production facilities in Wichita, Kansas to Spirit.

Read more

Share in social networks:

Comments - 0