Boeing Company (BA)
Boeing Calls Time on the Great American Outsourcing
Spirit AeroSystems is going full circle, from part of Boeing BA 2.58%increase; green up pointing triangle to independent supplier and back to part of Boeing. It is the perfect example of a realization dawning on corporate America: Perhaps outsourcing isn't all it was once cracked up to be.
For Boeing, Buying Spirit Is Only The Start Of Solving Its Problems
Boeing is bringing production of its plane fuselages back in-house. The aerospace giant announced early Monday it had agreed to acquire its largest supplier, Spirit AeroSystems, in an $8.3 billion deal, including debt, 19 years after it had spun out the operation.
Explainer: How a Boeing plea deal could affect the planemaker
The U.S. Justice Department will criminally charge Boeing with fraud over two fatal crashes and ask the planemaker to plead guilty or face a trial, people familiar with the matter said on Sunday.
Boeing-Spirit: How jetmakers divided up the struggling supplier
Hashed out in three-way talks between plane giants and one of their key suppliers, Boeing's $4.7 billion deal to buy back Spirit AeroSystems is a rare triangular deal born out of crisis.
Stock Market Today: Stocks Close Higher Ahead of Powell Speech
The main indexes kicked off the second half with a win thanks to solid gains in several mega-cap stocks.
Boeing will buy Spirit AeroSystems for $4.7 billion
Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice.
The Boeing crisis: will the company make it out alive?
“It was probably the first time in my life I had a feeling of no control over everything. I was in disbelief over the whole situation,” 40-year old Tran, a passenger on-board the January 5 Ontario-bound Alaska Airlines told BBC.
Troubled Boeing takes control of manufacturer after mid-air blowout
Spirit AeroSystems was a company little-known outside the aviation industry until January this year.
Boeing given week to admit fraud charges or face trial over fatal crashes
Boeing Co (NYSE:BA, ETR:BCO) has been handed an ultimatum by the US justice system: admit to fraud charges or face a public trial for the two fatal crashes of 737 max planes. The US Department of Justice said Boeing will have until Friday to admit its guilt.
Boeing Agrees To Reacquire Spirit AeroSytems for $4.7B
Boeing (BA) announced a long-awaited deal Monday to reacquire parts supplier Spirit AeroSystems (SPR) as the troubled plane manufacturer looks to strengthen control of its supply chain.
Airbus agrees to pay $1 for Spirit AeroSystems assets in deal sparked by Boeing 737 Max blowout
Airbus has agreed to acquire assets of Spirit AeroSystems for $1. It will also be compensated with $559 million from the aviation manufacturer.
Boeing agrees to buy Spirit AeroSystems for $4.7B as manufacturer addresses safety concerns
Boeing said it reached a deal to purchase Spirit AeroSystems for $4.7 billion, as the plane manufacturer attempts to shore up safety concerns following recent issues with certain jets.
