Aircraft
Boeing, Mitsubishi Reach Cost-cutting Pact for 787 Wings
Contract also calls for joint studies on new commercial aircraft technologies
Mitsubishi Heavy Industries supplies the composite wings for the Boeing 787. A new supply contract between the two companies calls for cost concessions and a joint technology development plan for future programs. (Photo: Boeing)
Mitsubishi Heavy Industries supplies the composite wings for the Boeing 787. A new supply contract between the two companies calls for cost concessions and a joint technology development plan for future programs. (Photo: Boeing)

Boeing and Mitsubishi Heavy Industries (MHI) have signed a new agreement aimed at cutting costs associated with MHI’s production of the wings for the 787 Dreamliner, the companies announced Monday. The contract also calls for joint studies of new aerostructures technologies for future-generation commercial aircraft.