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Boeing to recognise earnings charge on write-off of Spirit indemnification receivable related to 2005 Wichita sale

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Boeing to recognise earnings charge on write-off of Spirit indemnification receivable related to 2005 Wichita sale

Boeing will recognise a charge to earnings to reflect a Delaware Supreme Court ruling that the company is not entitled to recover certain costs associated with the 2005 sale of its production facilities in Wichita, Kansas to Spirit Aerosystems. Boeing filed a complaint against Spirit in the Delaware...

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