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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 ...
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 ...
(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 ...
(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn ...
Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the ...
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% ...
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. ... In Other News. Entertainment.
(Reuters) - Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.