The long-awaited approval of Boeing’s reacquisition of Spirit AeroSystems has received EU approval, as anticipated, with the planned divestitures of units supplying Airbus and a Malaysian composites operation required to close the deal. Under the terms of the approval, all…
The deal in which Boeing will re-acquire Spirit Aerosystems is moving forward, but with last minute regulatory “remedies” as the EU has not yet approved the deal, which has already cleared approvals to move forward in the US and UK. …
The European Commission (EC) has officially opened an investigation into the merger between Boeing and Spirit AeroSystems, which the two companies announced on July 1, 2024. According to the EC’s statement, on August 26, 2025, it received “notification of a proposed acquisition of…
The key story revolving around Boeing is the progress of the 10% global staff cuts. So fare, there have been 2,199 layoffs in Washington, 50 in Oregon, and 220 in South Carolina as the cuts that are projected to total…
Beleaguered Spirit AeroSystems, which is in financial difficulty prior to the completion of its acquisition by Boeing and spin-off of a portion to Airbus, is selling its Fiber Materials unit. The transaction with Tex-Tech Industries is an all cash deal…
The Boeing supply chain is having difficulties, and it now appears that Leonardo, who manufacture a fuselage section for the 787 as a Tier 1 partner, is looking to sell its loss-making aerostructures business. This move could potentially be disruptive…