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Austria-based FACC signs $600 million contract with Airbus

The contract will undertake supply of stowage compartments and ceiling panels to FACC

Reuters  |  Vienna 

Austria-based aerospace company FACC has won a 500 million euro ($596 million) contract with planemaker Airbus to supply stowage compartments and ceiling panels, it said on Monday. Airbus's order from its long-standing supplier comes as Europe's largest aerospace and defence group is locked in a fierce row with the Austrian government. Vienna prosecutors are investigating Airbus and its chief executive for possible deception and fraud linked to a 2003 jet order, allegations Airbus says are totally unfounded. The Austrian defence ministry's move to consider barring ...

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First Published: Mon, September 04 2017. 21:04 IST