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Acquisition transaction entered into previously announced merger agreement will make Composites Technology Research Malaysia (CTRM) an important asset to Boeing and Airbus programs.
Eric Hein, a veteran of more than 20 years in aerospace and defense with leadership positions held at Spirit AeroSystems, Cessna and Boeing, will lead strategic planning and product development initiatives.
Per the definitive agreement, Airbus is taking ownership of assets across seven of Spirit’s sites to ensure stability of its supply for its commercial aircraft programs.
Confirmed takeover, expected to close mid-2025, is Boeing and Spirit’s next step toward improving commercial aircraft production.
Airbus is expected to acquire certain Spirit assets that serve Airbus programs, concurrently with the closing of Spirit's acquisition by Boeing.
CW talks with Syensqo, Spirit AeroSystems and other consortia members about current funding, specification of the next world’s largest press, organizational structure and projects to support U.S. companies in the race to deliver >40,000 sustainable and efficient aircraft over the next 20 years.
Tex-Tech Industries, provider of high-temperature, high-performance specialty material and coatings, has completed the transaction for FMI.
With Spirit AeroSystems under scrutiny for 737 Max manufacturing issues, Boeing is considering buying back its former aerostructures unit.
New center is equipped with state-of-the-art technologies and a robust team to advance Spirit’s agility and capacity in engineering design and support for global customers.
Boeing and Spirit AeroSystems have signed an agreement redefining pricing structures and funding to boost production efficiency and collaboration for 737 and 787 programs.
