US aircraft builder Boeing is to acquire Vought Aircraft Industries' interest in Global Aeronautica, a South Carolina fuselage sub-assembly facility for Boeing's newest airplane, the 787 Dreamliner.
After the transaction is complete, Global Aeronautica will become an equal joint venture between Boeing and Alenia North America, a subsidiary of Italy's Alenia Aeronautica - a Finmeccanica company.
Vought will continue to produce the aft fuselage for the 787 at its facility adjacent to Global Aeronautica in North Charleston.
Boeing's supplier management organisation will continue to oversee Global Aeronautica along with the other major 787 supplier-partner team members.
The deal is still subject to regulatory approvals. The terms of the acquisition were not disclosed.
Nanogenerator consumes CO2 to generate electricity
Whoopee, they've solved how to keep a light on but not a lot else.