Good news for the Australian aerospace industry.

0 Comments | M2 Presswire, October, 2000

M2 PRESSWIRE-17 October 2000-Australian Government: Good news for the Australian aerospace industry (C)1994-2000 M2 COMMUNICATIONS LTD RDATE:17102000 The Minister for Industry, Science and Resources, Senator Nick Minchin, said today the Boeing Company's acquisition of Hawker de Havilland was good news for the future of the Australian aerospace industry.

Hawker de Havilland's owner, Tenix Holding International Pty Ltd, and Boeing are expected to finalise the terms of the deal in the course of the month. "The acquisition of Hawker de Havilland will bring together complementary skills in aerostructure component manufacturing, and in systems design and integration," Senator Minchin said. "Closer links between the two companies also opens the way...