(Bloomberg) Boeing Co.’s plan to buy back supplier Spirit AeroSystems Holdings Inc. has become mired in protracted discussions over pricing for factories that make components for Airbus SE, complicating the US planemaker’s efforts to gain tighter control over manufacturing quality. Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingApple’s China iPhone Sales Dive 19% in Worst Quarter Since 2020Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of EarningsZimbabw
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Untangling Spirit is complicated because the company makes parts not just for Boeing, but also for rival Airbus as well as manufacturers including Northrop Grumman.
The U.S. Navy's Columbia-class nuclear-powered ballistic missile submarines, intended to replace the aging Ohio-class, face significant delays and rising costs. The lead boat, USS District of Columbia (SSBN-826), is now expected to be delivered 16 months later than initially planned, potentially in FY28 instead of FY27.