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Boeing finalizes $4.7B acquisition of key 737 Max supplier Spirit AeroSystems
Boeing reacquires Spirit AeroSystems to improve quality and delivery, adding 15,000 employees and assuming $3.6 billion debt in an $8.3 billion deal, CEO Kelly Ortberg said.
- Boeing closed its $4.7 billion acquisition of Spirit AeroSystems, reacquiring the bulk of the world's largest independent wing and fuselage maker.
- The deal gives Airbus and Boeing direct control over problem-plagued parts of their supply chains that have been a source of delays.
- The Federal Trade Commission allowed the deal to proceed with conditions, including Boeing carrying out agreed divestments and Spirit remaining a supplier for Boeing's competitors.
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Forbes España
Forbes EspañaAirbus has closed the purchase of six plants of Spirit AeroSystems, a company that has been acquired by Boeing, which carry out tasks related to the commercial aircraft of the European manufacturer. With the closure of this operation, Airbus adds more than 4,000 workers and six installations where activities of "critical importance" are carried out for commercial aircraft of Airbus, according to the vice president of Operations of the segment of…
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Coverage Details
Total News Sources71
Leaning Left6Leaning Right11Center24Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
15%
C 58%
R 27%
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