Spirit AeroSystems, a major aircraft parts manufacturer, has agreed to be acquired by Boeing for $37.25 per share, representing a 30% premium. Simultaneously, Airbus will acquire certain Spirit assets related to Airbus programs. The deal, valued at $4.7 billion in equity and $8.3 billion in enterprise value, is expected to close by mid-2025.
Boeing has agreed to acquire Spirit AeroSystems for $37.25 per share in Boeing stock, valuing the deal at approximately $8.3 billion. The acquisition includes Spirit’s net debt and involves the divestiture of certain Airbus programs.
Boeing has announced a definitive agreement to acquire Spirit AeroSystems for $37.25 per share in Boeing common stock, valuing the deal at approximately $4.7 billion. The acquisition aims to integrate the manufacturing and engineering capabilities of both companies. Concurrently, Spirit has entered into a term sheet with Airbus for the potential sale of certain assets serving Airbus programs.
U.S. prosecutors are considering criminal charges against Boeing over its handling of the 737 MAX crashes, following a determination that the company violated a 2021 agreement. Prosecutors have met with Boeing lawyers and are scheduled to meet with victims’ families this weekend as a July 7 deadline looms for a decision.
The Boeing Starliner mission, originally planned for a short duration, has been extended indefinitely due to technical issues. Indian-origin astronaut Sunita Williams, along with Butch Wilmore, will remain on the International Space Station for an extended period, potentially months, as NASA and Boeing investigate thruster failures and helium leaks. Ground tests are being conducted to understand the issues, while the crew continues their research activities on board the space station.
NASA has further delayed the return of the Boeing Starliner crew from the International Space Station due to technical issues, prompting concerns about the mission’s schedule. The postponement comes after multiple failures in the spacecraft’s systems, raising questions about the safety and reliability of the Starliner program. This delay adds to the program’s existing challenges, including cost overruns and past technical difficulties.
Etihad Airways is embarking on a global recruitment campaign to attract pilots, driven by its ambitious fleet expansion plans. The airline aims to source pilots from various regions to operate its growing fleet of Airbus and Boeing aircraft.
NASA has announced a further delay in the return of Boeing’s Starliner spacecraft from the International Space Station, citing the need for more time to assess technical issues encountered during the mission. The delay leaves uncertainty about the return date for astronauts Butch Wilmore and Sunita Williams, who are currently aboard the station. The Starliner program has faced several challenges, including thruster failures, helium leaks, and valve issues. The delay provides valuable time for NASA and Boeing to analyze the issues and ensure a safe return for the crew.
Two NASA astronauts aboard Boeing’s Starliner spacecraft are stranded at the International Space Station due to technical difficulties, forcing a delayed return to Earth. This latest setback for the Starliner capsule follows a history of issues and delays, highlighting the challenges of private spaceflight.
NASA’s Boeing Starliner spacecraft, on its first crewed mission, is scheduled to depart from the International Space Station (ISS) on Tuesday, June 25. The mission was initially planned for a week-long stay but was extended to allow for engine tests after some reaction control thrusters experienced issues during docking. The Starliner will return to Earth, landing in New Mexico, marking the first time an American capsule has touched down on land with astronauts aboard.
