Boeing will acquire Spirit AeroSystems in an all-stock transaction valued at approximately USD8.3bn, including Spirit’s last reported debt, with each share of Spirit common stock being exchanged for shares of Boeing common stock.
The merger aims to align commercial production systems, safety, and workforce priorities to enhance safety, quality, and long-term value for commercial customers, employees, and shareholders.
The deal allows Boeing to bring critical aircraft manufacturing work back in-house, supporting supply chain stability and quality improvement efforts.
Airbus will acquire specific commercial work packages that Spirit performs for it once the Boeing-Spirit transaction closes, including operations in Belfast, Kansas, and North Carolina, with Airbus receiving USD559 million from Spirit AeroSystems for these assembly lines.
