Boeing has agreed to buy its longtime supplier Spirit AeroSystems for $4.7bn in a deal struck at a time when the embattled aerospace giant has been plagued by safety scandals and the Department of ...

"Our shareholder's resounding approval today represents an important milestone in our carefully planned merger with Boeing," said Irene Esteves, Spirit AeroSystems Chief Financial Officer.

Why it matters: Before Spirit agreed to once again become a subsidiary of Boeing, we expected that through price renegotiation and operating leverage from volume increases, the firm could ...

Spirit AeroSystems ... agreement to buy the major aviation supplier is expected to have closed — or be very close to the finish line. In January, Spirit and Boeing agreed to push out until ...

Spirit AeroSystems has developed a plan to improve liquidity, but still has doubts about whether it can keep operating ahead of its acquisition by Boeing.

Northrop CEO to visit Wichita amid Spirit AeroSystems questions What Boeing buy could mean for Spirit's high-salary talent What Boeing buy could mean for Spirit's high-salary talent Airbus says ...

From an operational perspective, the year actually was not that bad for Spirit AeroSystems. The Boeing 737 program is obviously key to driving revenues and profits, but total shipset deliveries ...

The issue involves tiny gaps that could be present in the plane's dome-shaped forward-pressure bulkhead, which is located at ...

July 1, 2024 Spirit Aero to be broken up as Boeing agrees to $4.7 bln stock deal Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's ...

(Reuters) - Airbus expects to firm up a deal to take over some of Spirit AeroSystems European operations in the next few weeks, the planemaker's CFO said on Thursday, as part of a transatlantic ...

LOS ANGELES: Spirit AeroSystems posted deeper quarterly ... it had drawn down an entire US$350mil bridge loan set up when Boeing agreed to acquire the supplier in June, confirming an earlier ...