Vought wing assembly contract ends as Cessna drops business jet

Cessna Aircraft Co. has officially dropped plans to build its new Columbus business jet, canceling work at the Vought Aircraft plant in Nashville, where wing assemblies were to be produced. Cessna awarded Vought the $1 billion contract to build the jet's complete wing assemblies in May 2008. Cessna said the global economy and slumping business-jet aircraft marketplace forced it to cancel the plans.

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