Tag : Spirit Aero

Spirit Aero to be broken up as Boeing agrees $4.7 billion stock deal

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 in return for hundreds of millions of dollars of compensation following months of talks. The near-two-decade independence of the world's largest standalone aerostructures company ended in a carve-up between its largest customers after ...

11:37 Et July 1, 2024
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