Boeing Says It Is Planning To Make Significant Reductions In Supplier Expenditures, Will Stop Issuing Majority Of Supplier Purchase Orders On 737, 767 And 777 Programs
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Boeing plans to significantly reduce supplier expenditures and halt most supplier purchase orders for its 737, 767, and 777 programs, according to a memo cited by Reuters.
September 16, 2024 | 3:06 pm
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Boeing is planning to reduce supplier expenditures and stop issuing most supplier purchase orders for its 737, 767, and 777 programs. This move could impact Boeing's production and financial performance.
The decision to reduce supplier expenditures and halt purchase orders for key aircraft programs suggests potential production slowdowns or strategic shifts, which could negatively impact Boeing's short-term financial performance and stock price.
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