US Awarding $482.3 Million in Aviation Manufacturing Assistance

US Awarding $482.3 Million in Aviation Manufacturing Assistance
The 787 Aft Body manufacturing area is pictured at Boeing South Carolina in North Charleston on March 25, 2018. Randall Hill/Reuters
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WASHINGTON—The U.S. Transportation Department said it was offering $482.3 million in aviation manufacturing assistance to 313 businesses, including up to $75.5 million to Spirit AeroSystems.

Congress earlier this year created a $3 billion aviation manufacturing payroll subsidy program that will cover up to half of eligible companies’ compensation costs for as long as six months. Ohio-based Parker-Hannifin Corp. was offered up to $39.7 million, Connecticut-based Hexcel Corp. offered $20.9 million and Astronics Corp. $14.7 million.