Boeing has completed its acquisition of Spirit AeroSystems' Boeing-related commercial operations, including key manufacturing sites and approximately 15,000 employees, in a deal with an enterprise value of roughly $8.3 billion.
Spirit's legacy defense operations will be reorganized as Spirit Defense, a non-integrated subsidiary of Boeing Defense, Space, and Security.
Due to regulatory requirements, Boeing divested Spirit assets that supplied rival Airbus; Airbus has subsequently acquired these sites (Kinston, Saint-Nazaire, Casablanca, and parts of Prestwick and Belfast), integrating over 4,000 workers.
This strategic "reunion" aims to improve Boeing's control over its largest supplier, enhance manufacturing quality and safety standards, and streamline its production lines.
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.
