Boeing has completed its acquisition of Spirit AeroSystems' commercial and aftermarket operations, bringing key manufacturing sites for its aircraft (e.g., 737 fuselages) and approximately 15,000 employees back under its control.
The $8.3 billion deal, which includes Spirit's debt, aims to unify Boeing's safety and quality standards, while Spirit's legacy defense operations will become an independently governed subsidiary called Spirit Defense.
Regulatory conditions for the acquisition required Boeing to divest Spirit assets that manufactured components for rival Airbus, leading Airbus to acquire those specific sites and over 4,000 workers.
The company said Monday that it now owns all of Spirit’s Boeing-related commercial operations, including sites that make fuselages for the 737 program and major structures for the 767, 777, and 787. It also took over fuselage assembly for the P-8 and KC-46.
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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.