SPR - Deal On Cards? Boeing Explores Reacquiring Spirit AeroSystems Amidst Quality Concerns Production Challenges | Benzinga
Boeing Co (NYSE:BA) is reportedly discussing acquiring Spirit AeroSystems Holdings Inc (NYSE:SPR), the former jet-fuselage supplier it spun off two decades ago.
The troubled aerospace company, with a current market valuation of approximately $3.3 billion, has been plagued by manufacturing issues, significantly impacting production at Boeing.
Spirit’s strategic options are being explored as it faces scrutiny over quality problems affecting Boeing’s 737 MAX jets.
Talks with Spirit involve the possibility of reacquisition, but a deal is not guaranteed. Additionally, Spirit is exploring the potential sale of its operations in Ireland, which manufactures components for ...