Boeing has announced its agreement to acquire Spirit AeroSystems, a longtime supplier, in a deal worth $4.6 billion. This move is part of Boeing’s strategy to strengthen its supply chain and reduce costs amid the ongoing challenges in the aerospace industry. The acquisition is expected to enhance Boeing’s capabilities and competitiveness in the market.
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Ford says it’s investing $5 billion in EV production, with a new model to start at $30,000
Ford is investing $5 billion to revolutionize its electric vehicle production, enabling models to start at $30,000, significantly lower than the current average. The new "universal EV platform," described as a major innovation in vehicle design, will lead to faster assembly and reduced components, with the first product, a midsize electric truck, set to debut in 2027. Want More Context? 🔎
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