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Volume 14,Issue 3 Autumn 2012

Shenyang Aircraft, Spirit sign $60-M contract

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Shenyang Aircraft Corp. of AVIC I and Spirit Aerosystems signed a contract on June 29 to make B737-NG 48 segments in Beijing. Li Fangyong, assistant to the general manager of AVIC I, and the general manager of SAC, and Fu Shula, general manager of CATIC and the vice president from Spirit AeroSystems, signed the contract. The project that started in June of 2006 resulted in an agreement. According to the six-year contract, Chinese companies will provide Spirit AeroSystems with B737 NG 48 segments, with the first delivery scheduled next year. The total contract value is about US$ 60 million. This is the first contract between Spirit AeroSystems and AVIC.

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