With the federal spending environment becoming more constrained and possibly heading toward steep cuts if a budget sequestration measure goes into effect early next year, Boeing [BA] will have to be mindful of protecting certain parts of its supply base through acquisitions to assure access to some components and systems, the head of one of the company’s three defense divisions said on Friday. The threat of sequestration “has said to us [that] we need to think about how we continue…
With Spending Tight, Assuring Access To Suppliers Is A Reason To Be Acquisitive, Boeing Exec Says
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