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.

Author:
Sector:
Topic:
Mentions:
Share
HTML for Linking to Page
Page URL
Grade
Rate It
4.00 Avg. Rating

Read More Articles On

2017-02-20
Researchers from Purdue University are studying the fundamental mechanisms behind a method that uses electrical fields to enhance ceramics-sintering processing, which could aid R&D of rechargeable lithium-ion batteries and fuel cells. The research also could shed light on a phenomenon called electromigration, which can affect the performance of electronic devices.
2016-10-20
The fusing of emerging technologies from the aerospace materials sector and biological sciences are now, for the first time, heading toward the prospect of growing parts, systems, and, ultimately, perhaps whole aircraft.
2016-10-21
France's Dassault Aviation and India's Reliance Group announced in late September 2016 the creation of a joint venture (JV) in India called Dassault Reliance Aerospace. With this announcement came news that the Dassault Reliance Aerospace JV will be a key player in the execution of offset obligations as a part of the 36 Rafale fighter jet purchase agreement that was signed between France and India on September 23, 2016 and is valued at around €7.87 billion, or about Rs. 59,000 crore.
2016-10-20
One of the biggest issues in bringing forward new designs is the length of time that it takes to agree to a new specification, research and evaluate the alternative features and configurations, and then embark on a development program that will take the design to flight testing and ultimately operational service.

Related Items

Technical Paper / Journal Article
2013-09-17
Technical Paper / Journal Article
2013-09-17
Technical Paper / Journal Article
2013-09-17
Standard
2008-10-23
Technical Paper / Journal Article
2011-04-12
Training / Education
2013-04-09
Technical Paper / Journal Article
2013-04-08