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Boeing says Spirit AeroSystems deal could close by year-end after FTC approval [Seeking Alpha]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Seeking Alpha
of the year after receiving a green light from the Federal Trade Commission, provided it completes a Quick Insights Boeing expects that bringing Spirit back will improve manufacturing quality and stabilize 737 output, as Spirit faced production issues affecting the line. Regulators require Spirit to divest its Malaysia facility and ensure continued supply to defense contractors; they will also impose two independent compliance monitors. Airbus gains direct ownership of the Belfast facility, receives $439 million in cash, but assumes the burden of a site that recorded significant losses and financial needs. Recommended For You More Trending News Show less Read more
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