Article: United States: Airbus concluded negotiations to sell its wing component and assemblies manufacturing unit at Filton to GKN.

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 ...

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