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Boeing (BA) Reports Cost Reduction Agreement with Mitsubishi Heavy Industries for 787 Production

October 23, 2017 5:51 AM EDT

Boeing (NYSE: BA) and Mitsubishi Heavy Industries, Ltd. (MHI) today announced an agreement to strengthen collaboration in ways that will enhance both companies' competitiveness. The agreement includes efforts to reduce costs in MHI production of wings for the 787 Dreamliner and joint studies of advanced aerostructure technologies for future-generation commercial aircraft.

MHI manufactures 787 composite wings at its factory in Nagoya. The... More