NEW YORK (AP) -- Aircraft parts maker Spirit AeroSystems Holdings Inc. said Wednesday it settled claims with Boeing Co. related to delays on Boeing's 787 airliner.
Financial details of the settlement weren't disclosed.
Spirit makes and builds the forward fuselage, electronics, and other components of the 787, which has been delayed for more than three years. The most recent delay struck in early November, when an electrical fire broke out in the plane's power distribution system during a test flight.
The Wichita, Kan., company builds parts of Boeing's 737 and 777 planes and said Boeing is its largest customer.
Shares of Spirit rose $1.95, or 9.5 percent, to $22.39 in morning trading. Shares of Boeing, which is headquartered in Chicago, picked up $1.02 to $69.98.
