Group 1 - Boeing has finalized a new contract with approximately 1,600 white-collar workers from the former Spirit AeroSystems, which Boeing re-acquired in December [1]

Core Insights - A union representing approximately 1,600 white-collar workers at Spirit AeroSystems has reached a tentative agreement with Boeing regarding a new collective bargaining contract [1] Group 1 - The union's agreement with Boeing signifies a potential resolution in labor negotiations that could impact production and operational stability at Spirit AeroSystems [1] - The collective bargaining contract is expected to address key employment terms for the white-collar workforce, which may influence workforce morale and productivity [1]

波音（BA）周二早盘下跌1%。该公司已完成对Spirit AeroSystems（SPR）的收购，将737/787的主要结 构件和备件生产纳入内部；在贝尔法斯特，空客（EPA：AIR）则单独接手了A220的部分工作包，原 Spirit业务被拆分处理。 责任编辑：张俊 SF065 波音（BA）周二早盘下跌1%。该公司已完成对Spirit AeroSystems（SPR）的收购，将737/787的主要结 构件和备件生产纳入内部；在贝尔法斯特，空客（EPA：AIR）则单独接手了A220的部分工作包，原 Spirit业务被拆分处理。 责任编辑：张俊 SF065 ...

Boeing completed its complex acquisition of struggling US aerospace supplier Spirit AeroSystems, taking back a key part of its supply chain as it works to restore quality standards https://t.co/sLXO9riOUF ...

Core Point - Boeing has successfully completed its $4.7 billion acquisition of Spirit AeroSystems, which is the largest independent manufacturer of wings and fuselages in the world [1] Company Summary - The acquisition allows Boeing to regain control over a significant portion of its supply chain, particularly in the production of wings and fuselages [1] - This strategic move is expected to enhance Boeing's operational efficiency and strengthen its position in the aerospace industry [1] Industry Summary - The aerospace industry is witnessing consolidation as major players seek to streamline operations and reduce costs through vertical integration [1] - The acquisition reflects ongoing trends in the industry where companies are focusing on securing critical components to mitigate supply chain disruptions [1]

Core Insights - Boeing has completed its acquisition of Spirit AeroSystems, marking a significant milestone in its history and future success [1][3] - The acquisition includes Spirit's commercial operations related to Boeing, such as fuselages for the 737 program and major structures for the 767, 777, and 787 Dreamliner [3][4] - Spirit Defense will operate as an independent subsidiary to ensure continuity in support for defense customers while aligning with Boeing's defense sector for financial reporting [5][9] Company Integration - Approximately 15,000 employees from Spirit AeroSystems across various locations, including Wichita, Dallas, and Tulsa, will integrate into Boeing [7] - The acquisition enhances Boeing's global maintenance, repair, and overhaul services and expands its aftermarket business portfolio [4][9] - Spirit's operations in Belfast will function as an independent subsidiary branded as Short Brothers, a Boeing Company [6] Industry Impact - The acquisition is expected to strengthen Boeing's commitment to aviation safety and airplane quality while stabilizing commercial production and supply chains [9] - Kansas officials highlight the acquisition's significance for the state's aerospace industry, emphasizing the skilled workforce and the region's historical importance in aviation [8]

This story was originally published on Manufacturing Dive. To receive daily news and insights, subscribe to our free daily Manufacturing Dive newsletter. Dec. 9: Airbus and Composites Technology Research Malaysia each announced on Monday that they’ve completed acquisitions of Spirit AeroSystems’ assets. Airbus’s agreement includes $439 million in compensation for taking ownership of some of Spirit AeroSystems’ factory sites and production assets. The deal includes operations at five facilities across Franc ...

Boeing is being asked to divest Spirit AeroSystems assets to resolve antitrust concerns around its proposed acquisition of the aircraft-parts maker https://t.co/jEmuAxAqrz ...

Group 1 - The regulator is requesting Boeing to divest its Spirit businesses that supply products to Airbus [1] - Additionally, the regulator is asking for the sale of Spirit's Malaysian aerostructures business located in Subang [1]

Core Viewpoint - The U.S. Federal Trade Commission (FTC) has mandated Boeing to divest significant assets of Spirit AeroSystems to address competition concerns related to its $8.3 billion acquisition [1] Group 1: Acquisition Details - Boeing's acquisition of Spirit AeroSystems is valued at $8.3 billion, indicating a substantial investment in the aerospace sector [1] - The FTC's requirement for divestiture highlights regulatory scrutiny in large mergers and acquisitions within the aerospace industry [1] Group 2: Regulatory Implications - The FTC's decision reflects ongoing concerns about competition in the aerospace market, particularly regarding Boeing's market power post-acquisition [1] - The divestiture requirement may set a precedent for future mergers in the industry, emphasizing the importance of maintaining competitive dynamics [1]