Boeing to acquire Vought operations in SC

  • 17-Jul-2009 01:57 EDT
Boeing has agreed to acquire the business and operations conducted by Vought Aircraft Industries at its North Charleston, SC, facility, where Vought performs fabrication and assembly of structures and systems installation of 787 Dreamliner aft fuselage sections, which are made primarily of composite materials. After the transaction, Vought will continue its work on many Boeing programs, including other components of the 787, as well as structures and components on the 737, 747, 767, 777, C-17, and V-22, through operations located elsewhere. Boeing will acquire the North Charleston facility, its assets, and inventory and will assume operation of the site, and the parties will resolve all matters related to Vought's prior work on the 787 program. Once acquired, the North Charleston facility will be managed by the 787 program.
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