News

Airbus's acquisition of work packages from Spirit AeroSystems has slipped to the fourth quarter, a delay the airframer ...
Bombardier is still not ruling out acquiring part of its former Belfast site to safeguard production of the Global and ...
Spirit AeroSystems is located at an Air Force base and requires specially modified Boeing 747-400s to transport its finished ...
Boeing reported second quarter earnings on Tuesday that topped expectations and stemmed the tide of cash burn that has ...
Losses at aircraft parts maker Spirit AeroSystems ’ Belfast business topped €430 million last year, new figures show. The ...
Spirit AeroSystems' CEO Gets A $28.5 Million 'Golden Parachute' After Boeing Merger The merger still has to be approved by Spirit AeroSystems' shareholders and regulators, including the FTC and DOJ.
A deal with a domestic supplier will ensure one source of a critical lightweight material for airframe construction.
Boeing has 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. The all ...
Boeing's acquisition of Spirit AeroSystems aims to bolster quality and oversight in the Boeing 737 MAX chain. Read more on how the deal also may help increase production rates.
Spirit lost $616 million last year and hasn't turned a full-year profit since 2019. Since then, it has lost more than $2.5 billion. Boeing agreed in October to give more financial help to Spirit.
Boeing has entered into an agreement to acquire Spirit AeroSystems. The price tag on the merger described by Boeing as an “all-stock transaction” is $4.7 billion, or $37.25 per share.
As a shareholder of Spirit AeroSystems, and its two biggest customers, Boeing (BA) and Airbus, I fail to see the long-term value for any party. Read more here.