Civil aerospace news and insights from Forecast International
As Boeing moves forward with its planned acquisition of Spirit AeroSystems, Airbus has announced a parallel agreement to strategically acquire several Spirit assets critical to the company’s aircraft programs. Under …
Airbus to Acquire Key Spirit AeroSystems Assets as Boeing Finalizes Takeover Read More Boeing announced a definitive agreement to acquire Spirit AeroSystems for $8.3 billion in a move that reverses a long-standing trend of outsourcing key manufacturing operations. This all-stock deal comes after …
Boeing Lands Spirit AeroSystems in $8.3 Billion Deal Read More
Spirit AeroSystems plans to lay off hundreds of workers at its Wichita, Kan. facility over the next few weeks, according to an internal memo seen by Wichita-based KSN. The company’s …
Spirit AeroSystems Plans Layoffs Amid 737 Production Slow Down Read More 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 …
Boeing and Airbus Edge Closer to Split Acquisition of Spirit AeroSystems Read More Boeing is in preliminary talks to buy back Spirit AeroSystems, the company it spun off in 2005. This potential acquisition marks a significant shift in Boeing’s strategy, as it would …
Spirit AeroSystems in Talks with Boeing and Airbus Read More
RENTON, Wa. – The Boeing 737 MAX program faces a new production issue as just as it was planning to move to a higher monthly production rate. A supplier to …
New 737 MAX Production Issue May Cause Boeing to Miss Delivery Forecast Read MoreThis is good news for everyone if it goes through. WASHINGTON, June 27 (Reuters) – Spirit AeroSystems and its machinists union reached a tentative contract agreement on Tuesday, with about …
Spirit Reaches Tentative Deal with Machinists Union Read More
A year into the Boeing 737 MAX crisis and Spirit AeroSystems is feeling some pain. With production halted on the airframe at the beginning of 2020, the company has initiated …
Spirit AeroSystems Grows Airbus Content, Bolsters Defense Read More
Company now focused solely on business jets and rail transportation. Bombardier’s restructuring program continues to move along with its announcement that it will sell its aerostructures business to Spirit AeroSystems …
Bombardier Capping Restructuring with Aerostructures Sale to Spirit AeroSystems Read More