Boeing Says Kansas Plant May Be Shut on Defense Budget Pressure

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Boeing Co., the world’s largest aerospace and defense company, said it may close a military-aircraft plant in Wichita, Kansas, as the U.S. Defense Department’s budget tightens.

Market studies on the factory’s future should be finished this year or early 2012, Jarrod Bartlett, a spokesman for the Chicago-based planemaker, said today in an e-mailed statement.