Boeing Considers Acquisition of Spirit AeroSystems, Former Supplier of Max Plane Bodies
Reports reveal that Boeing is exploring the possibility of acquiring Spirit AeroSystems, a key supplier with historical ties to Boeing and involvement in past aviation incidents. The discussions signal Boeing's strategic move amidst challenges with its Max planes.
Boeing is currently in discussions to acquire Spirit AeroSystems, a key supplier that was originally part of Boeing before being sold in 2005. Spirit AeroSystems was also involved in the Alaska Air doorplug incident.
In 2005, Boeing sold Spirit AeroSystems for $900 million in cash. The company, headquartered in Wichita, Kansas, manufactures crucial components for various Boeing aircraft models, such as the fuselages for the 737 Max. These components are then transported to Boeing's factory in Washington state by rail.
Boeing has faced challenges due to quality control issues at Spirit in recent years. As a result, Boeing has agreed to provide an additional $60 million in revenue to Spirit for the years 2024 and 2025.
This story is still developing and will be updated as more information becomes available.
Editor's P/S:
The potential acquisition of Spirit AeroSystems by Boeing is a significant development that could have major implications for the aerospace industry. If the deal goes through, Boeing would regain control of a key supplier that has been responsible for manufacturing crucial aircraft components for years. This could potentially streamline Boeing's supply chain and improve quality control.
However, the deal also raises concerns about Boeing's ability to manage its suppliers effectively. The company has faced challenges due to quality control issues at Spirit in recent years, and it is unclear whether Boeing will be able to improve the situation if it regains control of the company. It is important for Boeing to carefully consider the potential risks and benefits of the acquisition before making a final decision.
