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(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 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 agreed to buy Spirit AeroSystems, one of its major suppliers and manufacturing partners, as part of its plan to overhaul the aircraft maker’s badly damaged safety reputation.
Spirit AeroSystems turned in a disappointing second-quarter performance, delivering fewer Boeing 737 fuselages and burning through more cash than it did between April and June of 2023.
Spirit AeroSystems Holdings Inc (NYSE:SPR), a primary supplier of jet fuselages, is reducing its workforce by 400 to 450 employees at its Wichita, Kansas factory. ... In Other News. Entertainment.
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 ...
Julie Johnsson, Ryan Beene, Bloomberg News. March 1, 2024 at 12:25 PM. Iandewarphotography/TNS. Boeing Co. is in discussions to acquire Spirit AeroSystems Holdings Inc., a move that would reclaim ...
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 ...