February 11, 2014
Boeing and Alenia Aermacchi finalize restructured contract for 787 Program
Boeing and Alenia Aermacchi, a Finmeccanica Company, have finalized a restructured contract for the 787 Program. The contract establishes a new performance based business arrangement that will drive improved operational performance for Alenia Aermacchi and the 787 program. Based on the market success and increased production rates of the 787 program, Boeing has confirmed orders for additional shipsets from Alenia Aermacchi within the contract period. This agreement will strengthen Alenia Aermacchi relationship with Boeing providing stability to the industrial and business performance of Alenia Aermacchi. Alenia Aermacchi is successfully providing the required performance to support program rate increases that hit rate 10. Alenia Aermacchi produces fuselage Section 44 and 46 for the 787 program in Grottaglie plant and horizontal stabilizers in Foggia. To date Alenia Aermacchi has delivered nearly 200 units.