Boeing closes Spirit AeroSystems purchase in major supply chain realignment

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]