Boeing and Safran agree to form APU joint venture

Boeing and Safran agreed to jointly design, build and service Auxiliary Power Units (APUs) through a new 50/50 joint venture based in the United States, expected to close in the second half of 2018.

“Boeing [NYSE: BA] and Safran [EPA: SAF] have agreed to jointly design, build and service Auxiliary Power Units (APUs), creating better value for customers and for both companies.”boeing.mediaroom.com

• 2 sources
• boeing.mediaroom.comBoeing, Safran Agree to Design, Build and Service Auxiliary Power Units - Jun 4, 2018Jun 4, 2018
• prnewswire.comBoeing, Safran Agree to Design, Build and Service Auxiliary Power UnitsBoeingJun 4, 2018

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