--Boeing Co. (BA) Chief Executive Dennis Muilenburg said the company plans to press suppliers for deeper price cuts following its planned acquisition of Brazil's Embraer, Reuters reported Tuesday.

--Mr. Muilenburg said the price cuts are in addition to cuts outlined in Boeing's Partnering for Success cost-cutting drive, the report said.

--The CEO also said Boeing would continue to bring parts of the supply chain in-house, the report said.

Full story: https://www.reuters.com/article/us-britain-airshow-boeing-ceo/boeing-to-seek-supplier-cost-reductions-after-embraer-deal-ceo-idUSKBN1K71MU

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

July 17, 2018 14:20 ET (18:20 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
Boeing (NYSE:BA)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Boeing Charts.
Boeing (NYSE:BA)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Boeing Charts.