Boeing Bid for Spirit AeroSystems Hits Snag Over Airbus Assets [BNN Bloomberg (Canada)]
Spirit Aerosystems Holdings, Inc. (SPR)
Last spirit aerosystems holdings, inc. earnings: 2/28 07:30 am
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Source: BNN Bloomberg
that make components for Airbus SE, complicating the US planemaker's efforts to gain tighter control over manufacturing quality. Since Boeing first confirmed its intention in early March to re-integrate Spirit, talks have only progressed slowly and don't appear anywhere close to completion, according to people close to the matter. Untangling Spirit is complicated because the company makes parts not just for Boeing, but also for arch-rival Airbus as well as manufacturers including Northrop Grumman Corp., said the people, who asked to not be identified as the negotiations are confidential. The US planemaker had sought to quickly forge a deal with its struggling former aerostructures unit, which builds 737 Max fuselages, as it works to improve quality under the close scrutiny of federal regulators. Buying back Spirit, which Boeing spun off in 2005, would mark a dramatic step to stabilize its supply chain after a series of high-profile lapses. Talks between the parties have not brok
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News
- What's a whistleblower? Key questions about employee protections after Boeing supplier dies [USA TODAY]USA TODAY
- Whistleblower Who Raised Safety Concerns at Boeing Contractor Spirit Dies [BNN Bloomberg (Canada)]BNN Bloomberg
- Airbus called for compensation to take on money-losing Spirit operations, sources say [Reuters]Reuters
- Boeing whistleblower dies following a brief illness, weeks after the suicide of another [MSNBC.com]MSNBC.com
- Spirit AeroSystems sues Texas attorney general [Yahoo! Finance]Yahoo! Finance
SPR
Earnings
- 2/6/24 - Miss
SPR
Sec Filings
- 4/30/24 - Form 4
- 4/29/24 - Form 8-K
- 4/23/24 - Form 8-K
- SPR's page on the SEC website