Boeing to Acquire Spirit AeroSystems for $4.7 Billion
Boeing has announced its plans to acquire Spirit AeroSystems for $4.7 billion in an all-stock transaction. The aerospace giant, based in Arlington, Virginia, made the announcement late on Sunday.
The equity value of the acquisition is $4.7 billion, which amounts to $37.25 per share. The total deal value stands at around $8.3 billion, including Spirit’s last reported net debt. Spirit AeroSystems, located in Wichita, Kansas, is a key manufacturer of parts for Boeing aircraft.
This strategic move is set to strengthen Boeing’s position in the aerospace industry and enhance its manufacturing capabilities. The acquisition of Spirit AeroSystems will bring valuable expertise and resources to Boeing’s portfolio, paving the way for future growth and innovation in the sector.
