Senate Commerce Committee Chair Cantwell Calls For New Special FAA Technical Audit Of 11 Areas Related To Boeing's Production Systems
Portfolio Pulse from Benzinga Newsdesk
Senate Commerce Committee Chair Cantwell has requested a new special FAA technical audit focusing on 11 areas related to Boeing's production systems, according to Reuters.
January 11, 2024 | 8:47 pm
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Boeing may face increased scrutiny and potential delays in production if the FAA audit reveals significant issues.
The call for an FAA audit by a prominent senator suggests a high level of concern regarding Boeing's production systems. This could lead to increased regulatory scrutiny, which may negatively impact investor confidence and Boeing's stock price in the short term. The audit could also potentially uncover issues that might delay production or require costly fixes.
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