In a statement published Friday, Spirit Chief Financial Officer Irene Esteves said, “Our shareholder’s resounding approval today represents an important milestone in our carefully planned merger with Boeing. As we continue executing our transition plan, we remain focused on Spirit’s foundational principles of safety, compliance and quality.”
Boeing, Spirit AeroSystems Agree on $4.7B Acquisition Deal
In July 2024, Spirit AeroSystems and Boeing announced an all-stock transaction valued at about $4.7 billion, or $37.25 per share. The latter said the deal’s total value is approximately $8.3 billion, including the last reported debt of Spirit.
Boeing’s acquisition of Spirit is expected to conclude by mid-2025, subject to closing conditions including the receipt of regulatory approvals.
Until then, Spirit will operate as an independent company.
“By reintegrating Spirit, we can fully align our commercial production systems, including our Safety and Quality Management Systems, and our workforce to the same priorities, incentives and outcomes – centered on safety and quality,” said Dave Calhoun, president and CEO of Boeing.
Brian Meyer, federal field chief technology officer at Axonius Federal, said cybersecurity asset management could help government agencies make dozens…
“Technology transformation company Red River has acquired Invictus International Consulting to expand its cybersecurity and enterprise modernization capabilities to support…
Synergy ECP, a software engineering, cybersecurity and systems engineering services provider, has acquired NetServices, a company offering secure, mission-focused technology services. The…
Precision Aerospace & Defense Group and FACT II Acquisition, a special purpose acquisition company, have signed a definitive business combination agreement to…
LMI has announced the acquisition of intellectual property and advanced capabilities to broaden its in-transit visibility and asset tracking services for…
