Boeing to acquire Summit Aeronautics Group in Montana

  • 30-Nov-2010 01:47 EST

Boeing has agreed to acquire the business and operations conducted by Summit Aeronautics Group in Helena, MT. Summit employs 135 people to manufacture titanium and other hard metal structures for commercial and military aircraft. This extends the partnership between Boeing and Summit. Summit currently performs hard metal machining on 747-8 fail-safe bars, which allow the flaps to move on the wings; 787 edge frames that fit around the doors; and 767 main-landing-gear beams, which facilitate the landing gear rotation. After the transaction, Summit will continue its work on these Boeing programs and manufacture other machined parts for the 787. Summit also will continue to support existing military programs. Through the agreement, Boeing will acquire the building, assets, and inventory, as well as assume operation of the site, which will be managed by Boeing Fabrication. Boeing anticipates the transaction will close in the fourth quarter.

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2018-02-14
Boeing and Airbus forecast a worldwide demand for up to 40,000 new aircraft over the next two decades. With a 10-year production backlog and new aircrafts increasingly counting on lightweight composites, manufacturing companies are developing advanced sandwich-structure composite solutions to fill the production gap.

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