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Spirit AeroSystems, the subject of buyout rumors in recent weeks, rocked the local aerospace community Tuesday when it announced plans to sell its Tulsa and McAlester manufacturing sites, which ...
The Airbus agreement is set to commence when Boeing's acquisition of Spirit is completed, the two U.S. companies said. The Boeing acquisition's equity value of $4.7 billion comes to $37.25 per ...
Boeing is largely planing to take over Spirit AeroSystems in an effort to boost its production quality. ... The $37.25 deal price values Spirit Aero at $4.7 billion, according to Boeing.
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Boeing's Machinist Strike Forces Spirit AeroSystems To Announce Furloughs & Hint Imminent LayoffsSpirit Aerosystems constructs fuselages and other necessary parts for Boeing, including the 777, 767, and 737 MAX variants. Those expected to be furloughed, are those working on the 777 and 767 parts.
Spirit AeroSystems shareholders approved the potential sale of the Wichita, Kansas-headquartered aerospace company to Boeing. In a statement published Friday, Spirit Chief Financial Officer Irene ...
Spirit AeroSystems, a key supplier to US planemaker Boeing, warned on Tuesday there was “substantial doubt” that the company would be able to continue as a going concern.
Spirit AeroSystems expects to post higher-than-expected quarterly revenue, helped by production restarting at its biggest customer Boeing after a crippling strike, the U.S. aerospace giant said on ...
Spirit AeroSystems will tell employees on Friday that it will furlough 700 workers for 21 days as an over month-long strike at U.S. planemaker Boeing eats into the supplier's cash and inventory ...
Spirit Aero expects to burn $450-$500 million over next 9 months; Spirit must repay $350 million in 2026; Boeing aims to stabilize production, revive supply chain post-strike ...
Formed by a spinoff from Boeing in 2005, Spirit AeroSystems projected a gross loss of $413 million for the quarter ended Dec. 31 Photo: patrick t. fallon/Agence France-Presse/Getty Images ...
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