Boeing Reacquires Spirit AeroSystems for $4.7B

Boeing Acquires Spirit AeroSystems: A Strategic Move Towards Enhancing Quality and SafetyBoeing has finalized its acquisition of Spirit AeroSystems, a significant supplier of fuselages for Boeings 737 Max jets, for $4.7 billion. This deal brings Spirit, based in Wichita, Kansas, back into the Boeing fold after being spun off in 2005. The acquisition follows a series of manufacturing issues at Spirit that disrupted the production of popular Boeing planes, including the 737 and 787 models. The move is seen as a step towards improving quality and safety, following safety concerns raised after a door plug panel detached from an Alaska Airlines plane in 2023. Boeing recently resolved a criminal case related to two fatal crashes involving its Max jets in 2018 and 2019, which killed 346 people. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.