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About 70% of Spirit AeroSystems' revenue last year came from work done for Boeing, according to Spirit's latest annual report. That is up from 60% two years earlier. That is up from 60% two years ...
The company’s Q2 financial report, released Monday, covers the period immediately before news of Boeing finalizing a deal to buy back Spirit broke on July 1. Spirit’s stock closed down 2.24% ...
“The price of $37.25 per share represents a 30% premium to Spirit’s closing stock price of $28.60 on February 29, 2024, the day before Spirit and Boeing issued press releases confirming they ...
Airbus’ business with Spirit accounted for $1.1 billion, 19% of its revenue in 2023, according to company filings, while $3.9 billion, or 64% came from business with Boeing. But Spirit was ...
The merger largely replaced Boeing’s corporate culture, which had a reputation for fair dealing with its workers and listening to its engineers, with the Boeing of today, buying back Spirit in a ...
(Reuters) -Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities, sending shares in all three ...
Boeing has said it would buy back its former subsidiary Spirit Aero, which is a critical supplier to Boeing, for $4.7 billion in stock. Spirit Aero also produces key parts for some Airbus jets ...
Boeing is in talks to buy back Spirit Aerosystems, ... It was the latest and most serious in a host of flaws on the Boeing 737 Max, Boeing’s best-selling jet. ... according to a preliminary ...