11-Mar-2011 4:10 PM
IAE consortium extends agreement out to 2045
Analysis
Aerospace shares ended trading on Thursday broadly lower, with parts and equipment manufacturers suffering heavily. Shares in JBT Corporation, which manufactures ground vehicles and provides food processing technology, fell 4.3%, while GKN Aerospace shares fell 4.1%. GKN recently announced an aerospace engineering training partnership with the UK Government.
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