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Raytheon stops 787 shipments, as Boeing's Dreamliner pain spreads to suppliers

$Boeing (BA.US)$closed -1.5% in yesterday's trading after $RTX Corp (RTX.US)$said it had paused shipments for the 787 Dreamliner, as the planemaker's problems create difficulties for suppliers who expect production of the widebody jets to remain low into next year.
"We are not shipping anything today on 787," Raytheon CEO Greg Hayes said on today's earnings conference call, according to the Wall Street Journal.
The company supplies ~$10M in parts and equipment, such as cockpit systems, for each of the jets.
Earlier this week, $Albany International (AIN.US)$, which specializes in composite materials, cited low 787 production in forecasting just ~$10M in revenues from the program this year compared with $50M in 2019.
Boeing is increasingly expected to resume 787 deliveries early next year, later than previously anticipated, WSJ reports.
Boeing earlier this year said it was temporarily cutting its Dreamliner production from a planned rate of five per month.
Raytheon stops 787 shipments, as Boeing's Dreamliner pain spreads to suppliers
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