Boeing and Airbus are reportedly nearing a deal to divide troubled supplier Spirit AeroSystems.
According to an exclusive Reuters report, sources familiar with the situation claim both giants are exploring a “framework” agreement to disentangle themselves from Spirit in a coordinated fashion.
The report suggests discussions are ongoing, but the exact format remains unclear. While it’s uncertain if face-to-face meetings have occurred, all three companies are seemingly involved in the talks, Reuters reported.
The motivation behind this potential deal stems from Spirit AeroSystems’ current struggles. The supplier manufactures parts for both Boeing and Airbus, including crucial components for the 737 MAX and Dreamliner programs as well as wings for the Airbus A320, A330, and A340 families of aircraft. By splitting ownership of Spirit’s facilities, Boeing and Airbus aim for greater control over their supply chains, potentially leading to improved quality, efficiency, and delivery times.
A military history enthusiast, Richard began his career at Forecast International as editor of the World Weapons Weekly newsletter. As the Internet became central to defense research, he helped design the company’s Forecast Intelligence Center and now coordinates the FI Market Recap newsletters for clients. He also manages two blogs: Defense & Security Monitor, which covers defense systems and international security issues, and Flight Plan, focused on commercial aviation and space systems.
For more than 30 years, Richard has authored Defense & Aerospace Companies, Volume I (North America) and Volume II (International), providing detailed data on major aerospace and defense contractors. He also edits the International Contractors service, a database tracking all companies involved in programs covered by the FI library. Richard currently serves as Manager of the Information Services Group (ISG), which develops outbound content for both Forecast International and Military Periscope.
