Home Business NewsBusinessAviation News Defence firm Cobham takes £160m hit

Defence firm Cobham takes £160m hit

by LLB Reporter
19th Feb 19 9:14 am

The defence firm Cobham has taken a £160m hit after they settled a dispute with Boeing over the aerospace US tanker programme.

Cobham’s share rose by 2% when they said Boeing will no longer withhold payments, after resolving the aerial refuelling dispute.

Dorset based Cobham makes air-to air refuelling systems for Boeing.

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