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Boeing completes $8.3B Spirit AeroSystems acquisition
Yahoo Finance· 2025-12-08 11:23
Core Insights - Airbus and Composites Technology Research Malaysia (CTRM) have completed acquisitions of Spirit AeroSystems' assets, indicating a significant consolidation in the aerospace supply chain [1] - Airbus's acquisition is valued at $439 million, gaining over 4,000 employees and operations across five facilities that support its A350, A220, and A321 aircraft programs [2] - CTRM acquired Spirit AeroSystems' assets for $95.2 million, including a 400,000-square-foot facility in Malaysia that employs over 1,000 people [3] - Boeing's acquisition of Spirit AeroSystems is valued at $4.7 billion, taking on approximately $4 billion in debt, totaling $8.3 billion [4] - Boeing will integrate Spirit AeroSystems' operations in various locations, gaining around 15,000 employees and enhancing its capabilities in commercial and military aircraft production [5][6] Summary by Category Airbus Acquisition - Airbus has agreed to a $439 million deal for Spirit AeroSystems' factory sites and production assets, enhancing its workforce by over 4,000 employees [2] - The acquisition includes operations in France, Morocco, Northern Ireland, Scotland, and the United States, supporting Airbus's key aircraft programs [2] CTRM Acquisition - CTRM's acquisition of Spirit AeroSystems' assets is valued at $95.2 million, including a significant facility in Malaysia that provides aerostructures assembly and service capabilities [3] - The Malaysian site employs over 1,000 people and offers access to regional material sourcing [3] Boeing Acquisition - Boeing's acquisition of Spirit AeroSystems is valued at $4.7 billion, with an additional $4 billion in debt, leading to a total transaction value of $8.3 billion [4] - The acquisition includes all Boeing-related commercial operations of Spirit AeroSystems, enhancing Boeing's production capabilities for various aircraft models [4] - Boeing will integrate operations from multiple locations, including Belfast and Wichita, and will gain approximately 15,000 employees [5][6]