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Boeing buys remaining shares in Global Aeronautica

written by australianaviation.com.au | December 23, 2009

Boeing announced on December 22 that it has acquired Alenia North America’s 50 per cent stake in Charleston, South Carolina, based 787 supplier Global Aeronautica.

The acquisition will see Global Aeronautica, which completes subassembly on the centre sections of the 787 before they enter final assembly, become a wholly owned subsidiary of Boeing Charleston. Boeing also recently chose the Charleston site for a second 787 final assembly line and delivery centre.

“We are proud of the major contribution we have made over the past four years through our partnership in Global Aeronautica to the 787 program and to the state of South Carolina,” said Giuseppe Giordo, president and CEO of Alenia North America. “We are confident that the foundation we have developed will continue to flourish as it is integrated into Boeing Charleston.”

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Global Aeronautica was formed in 2004 as a joint venture between Alenia North America and Vought Aircraft Industries. In March 2008 Boeing purchased Vought’s interest in Global Aeronautica, making the company a 50/50 joint venture between Alenia North America and Boeing.

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