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(Reuters) -Spirit AeroSystems said Tuesday that planemaker Boeing will pay up to $350 million in advance payments to the firm, providing the struggling supplier a lifeline as it continues to burn ...
(Reuters) -Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock and Airbus moved to take on the supplier's loss-making Europe-focused activities, sending shares in all three ...
As the Boeing Company (NYSE:BA) strike drags on, Spirit Aerosystems Holdings, Inc. (NYSE:SPR) faces tough choices ahead, including the looming threat of layoffs and extended furloughs. On Friday ...
About 70% of Spirit AeroSystems' revenue last year came from work done for Boeing, according to Spirit's latest annual report. That is up from 60% two years earlier. That is up from 60% two years ...
(Reuters) - Spirit AeroSystems and Boeing are close to reaching a funding agreement that would give a cash lifeline to the struggling Boeing supplier, an industry source familiar with the matter said.
The acquisition's equity value of $4.7 billion is $37.25 per share, while the total value of the deal is around $8.3 billion, which includes Spirit’s last reported net debt, the aerospace ...
Boeing is in talks to buy back Spirit Aerosystems, which makes fuselages for Boeing’s 737 Max jets, according to a person familiar with the matter, as both companies scramble to stamp out ...
A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about 450 workers because production has slowed down ever since a panel flew off one of those ...