By The Associated Press on June 30, 2024.
ARLINGTON, Va. (AP) – Boeing announced plans to aquire Spirit AeroSystems for $4.7 billion in an all-stock transaction for the manufacturing firm. Boeing, located in Arlington, Virginia, announced the purchase in a statement late Sunday. The acquisition’s equity value of $4.7 billion is $37.25 per share, while the total value of the deal is around $8.3 billion, which includes Spirit’s last reported net debt, the aerospace company said. Spirit, located in Wichita, Kansas, manufactures key parts for Boeing aircraft. 5