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Latest Business News

Boeing Ceases Orders for C-17 Parts

Friday, March 02, 2007 6:11:49 PM
By DONNA BORAK

WASHINGTON (AP) - Boeing Co. on Friday said it will cease ordering parts for C-17 military cargo jets that are not under contract or firm commitments, a step that could mark the end of the aircraft's production altogether.

The company said without further C-17 orders from the Pentagon or foreign buyers it expects to begin reducing the size of its work force as early as 2008, and complete the shut down of production facilities in Long Beach, Calif., and St. Louis by mid-2009.

Boeing has notified 700 suppliers who employ more than 7,000 workers in 42 states including California, Missouri, Georgia and Arizona. There are roughly 25,000 U.S. jobs tied to the C-17.


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