Boeing (NYSE:BA) has inked an $80M agreement with Avcorp.
Boeing Signs $80m Deal
Reports say that Boeing (NYSE:BA) has reached an agreement with Avcorp Industries to continue building the wheel wells for the Next Generation 737 and components and assemblies for several other Boeing models.
The value of the five-year contract is around C$80 million over the term that starts in 2013.
The other models Avcorp will provide components for are the Boeing (NYSE:BA) 747-8, 767 and 777, and the work will be done at Avcorp’s facility in Delta, British Columbia, near Vancouver.
Boeing Co. (NYSE:BA) company shares are currently standing at 72.80.