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Spirit's primary competitors in the aerostructures market include Collins Aerospace, Kawasaki Heavy Industries, Leonardo, and Triumph Group. Spirit AeroSystems was established in 2005 when Boeing spun-off its Wichita division to an investment firm. Boeing entered into an agreement to re-acquire Spirit in July 2024 for $4.7 billion.
Spirit AeroSystems makes major parts of several Boeing models, including the fuselages for the 737 Max. The parts are then shipped to Boeing’s factories for assembly.
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 ...
As Spirit AeroSystems and Boeing Co. engage in talks for Boeing to re-acquire what was once its Wichita plant, let me take you back to one of the most emotionally wrenching days I ever had to ...
Originally part of Boeing, Spirit AeroSystems has faced significant quality challenges with the 737 MA. Spirit AeroSystems Holdings Inc (NYSE:SPR), a primary supplier of jet fuselages, is reducing ...
Spirit shares jumped as much as 19% Friday in New York, after the Wall Street Journal reported earlier on the talks. Boeing fell as much as 2.3%. Boeing fell as much as 2.3%.
Spirit Aero is also weighing some asset sales, such as U.S. defense composites maker Fiber Materials, a fourth source said. The supplier said in January 2020 it acquired FMI for $120 million.
WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for $37.25 per share, in an all-stock deal that values the supplier at more than $4 billion, according to two sources ...