The Federal Aviation Administration (FAA) has identified Boeing Co (NYSE:BA) and its supplier Spirit AeroSystems Holdings Inc (NYSE:SPR) for non-compliance with manufacturing quality control regulations.
What Happened: The FAA’s audit of the 737 MAX production line revealed several instances of non-compliance with manufacturing quality control requirements by Boeing and Spirit AeroSystems, Reuters reported.
The audit highlighted issues in Boeing’s manufacturing process control, parts handling and storage, and product control.
The FAA has not yet specified the corrective measures that Boeing and Spirit AeroSystems must undertake. However, the agency has shared a summary of its findings with the companies.
Spirit AeroSystems, the manufacturer of the MAX’s fuselage, has stated that it is working with Boeing and the FAA to address the identified issues. Boeing said in response “by virtue of our quality stand-downs, the FAA audit findings and the recent expert review panel report, we have a clear picture of what needs to be done.”
See Also: Full story available on Benzinga.com