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Boeing signs defense, commercial deals with Saudi Arabia

May 21, 2017 By Alexander Cornwell DUBAI (Reuters) – Boeing Co has signed several defense and commercial deals with Saudi Arabia including for the sale of military and passenger aircraft, the company said on Sunday during a visit by U.S. President Donald Trump to the kingdom. Boeing said Saudi Arabia agreed to buy Chinook helicopters, associated support services and guided weapons systems, and intends to purchase P-8 surveillance aircraft. The U.S State Department in December announced plans to sell Saudi Arabia CH-47F Chinook cargo helicopters and related equipment, training and…

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How a border tax could divide Boeing and its suppliers

March 24, 2017 By Alwyn Scott SEATTLE (Reuters) – A U.S. tax overhaul proposed by Republican leaders in Congress would deepen divisions between big manufacturers like Boeing Co and the thousands of smaller companies that supply them, according to suppliers and tax and trade experts. U.S. automakers and other manufacturers that rely on imported components also would be affected by the proposals, which would tax imports at a 20 percent rate, and could split these sectors into winners and losers. The revamp would heighten existing tensions in the aerospace industry,…

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