Delayed Boeing Payments Pinch Cash at Rockwell Collins, GKNBy and
Rockwell Collins says $30 million to $40 million outstanding
Planemaker lengthens payment terms per ‘industry norms’
Boeing Co.’s efforts to stretch payment schedules to better manage cash is starting to affect finances at suppliers including U.S. avionics producer Rockwell Collins Inc. and U.K. parts manufacturer GKN Plc.
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