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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% ...
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 ...
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 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 ...
(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 ...
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 ...