Boeing and Safran launch APU joint venture

Boeing and Safran have agreed to form a 50/50 joint venture to design, build and service auxiliary power units (APUs). The venture will be based in the United States and is expected to close in the second half of 2018.

“Both companies will have a 50% stake in the partnership, which will be based in the United States.”aerospaceglobalnews.com

• 1 source
• aerospaceglobalnews.comBoeing and Safran launch joint venture - AGNAGN EditorialJun 4, 2018

Summarized from public sources; check the original articles before acting on it.