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Article: United States: Airbus concluded negotiations to sell its wing component and assemblies manufacturing unit at Filton to GKN.
- Article from:
- TendersInfo
- Article date:
- September 18, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: kusumv03
Airbus and GKN have signed a contract under which GKN will purchase the wing component and assemblies manufacturing unit based at Airbus site at Filton, near Bristol, UK. This will result in all operational business, assets and activities, within the parameters agreed, being transferred to GKN. As a result of the transaction, GKN is fully supporting the Airbus Power8 initiative and making further investment in the unit in order that Filton will continue to play its important role in Airbus current and future programmes.
(Media-Newswire.com) - Airbus and GKN have signed a contract under which GKN will purchase the wing component and ...