Boeing says Ukraine tensions creating 'adverse climate' for business

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:Boeing Co said on Monday the ongoing tensions between the United States and Russia over Ukraine were creating an \u0022adverse climate\u0022 for its business and threatening to disrupt its supply chain. Boeing relies heavily on Russia\u0027s VSMPO-AVISMA for the supply of titanium, a lightweight metal that is used widel

:Boeing Co said on Monday the ongoing tensions between the United States and Russia over Ukraine were creating an"adverse climate" for its business and threatening to disrupt its supply chain.

Russia has massed tens of thousands of troops near Ukraine's border as it presses demands for a new security arrangement in Europe, prompting US and European officials to threaten a barrage of sanctions if it invades. On Monday, US President Joe Biden warned of"swift and severe consequences" from the United States and its allies if Moscow attacked Ukraine.

Boeing Chief Executive David Calhoun said last week that the company is"protected for quite a while, but not forever."

 

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