Airbus to double US spending to $24 billion in coming years
European aircraft maker Airbus said it plans to double its annual spending with U.S. companies to some $24 billion in the coming years and would seek new supplier partnerships in Southern California. The announcement marked a new step in the U.S. market, after Airbus announced in July plans to build its first aircraft assembly plant in the country in Mobile, Ala., in home-turf competition with U.S. rival Boeing. Airbus said it currently spends more than $1 billion in the Southern California region, and that last year's spending went to more than 400 manufacturers and service suppliers in more than 40 U.S. states.
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