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Boeing Set to Acquire Spirit AeroSystems Plant in Northern Ireland

Manufacturer is buying back its former subsidiary for $4.7 billion.

A Spirit AeroSystems facility seen from outside
A Spirit AeroSystems facility [Shutterstock]
Gemini Sparkle

Key Takeaways:

  • Boeing is set to acquire the non-Airbus operations of Spirit AeroSystems' plant in Northern Ireland, as part of its larger $4.7 billion reacquisition of Spirit AeroSystems.
  • This move follows an agreement where Airbus previously acquired Spirit assets supporting its A220 and A350 programs, ensuring Boeing would not control production for its rival.
  • Boeing's reacquisition of Spirit, its former fabrication business, aims to consolidate operations and impose uniform safety and quality standards, especially after Spirit's recent financial losses and production issues.
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Boeing is set to acquire the non-Airbus operations at a Spirit AeroSystems plant in Northern Ireland, the largest manufacturing complex in the country.

According to the Financial Times, talks with other prospective buyers have not progressed, and it seems likely Boeing will take control of the Belfast plant as part of its $4.7 billion reacquisition of Spirit, first announced last summer. The news outlet cited a Spirit spokesperson with knowledge of the deal.

Zach Vasile

Zach Vasile is a writer and editor covering news in all aspects of aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.

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