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China's XAIC to produce Boeing 747 aircraft for Vought Aircraft

Oct. 16, 2009 (China Knowledge) - State-owned Xi'an Aircraft International Corp<000768> yesterday said the company has signed an agreement with U.S.-based Vought Aircraft Industries Inc to produce parts for Boeing Co's 747 aircraft, Dow Jones Newswires reported. The deal is valued at between US$150 million and US$200 million and expires in 2024, XAIC said in a statement. Vought is one of t

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