Italy's Leonardo is "injured party" in Boeing 787 component issue

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/25/2026

1. SPY
2. AKAM
3. COST
4. META
5. NVDA
6. ZS
7. AWK
8. DRI
9. ULS
10. QQQ

October 14, 2021 12:29 PM EDT

FILE PHOTO: Leonardo logo is seen during celebrations for the 500th Eurofighter Typhoon produced by the European consortium at Caselle airport in Turin, Italy, April 11, 2017. REUTERS/Stefano Rellandini

MILAN (Reuters) - Italy's Leonardo said on Thursday it was an "injured party" after one of its sub-suppliers had allegedly provided improperly manufactured components for Boeing's 787 Dreamliner.

Boeing Co and U.S. regulators said Thursday that some titanium 787 Dreamliner parts were improperly manufactured over the past three years.

"The sub-supplier is under scrutiny by prosecutors therefore Leonardo is injured party and will not bear any potential costs associated with this issue," the Italian state-controlled defence group said in a statement.

Leonardo added that the company, Manufacturing Processes Specification (MPS), was no longer its supplier.

The company did not immediately respond to a request for comment.

(Reporting by Francesca Landini, writing by Giulia Segreti)


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

General News, Litigation, Reuters