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Latest news

US gov't clears Boeing-Spirit deal with Airbus, CTRM split

The US Federal Trade Commission has approved the acquisition of Spirit AeroSystems by Boeing for USD4.3 billion, contingent on the completion of the divestment of parts of the component manufacturer to Airbus and Composites Technology Research Malaysia (CTRM). The European OEM agreed earlier this year to acquire...

The US Federal Trade Commission has approved the acquisition of Spirit AeroSystems by Boeing for USD4.3 billion, contingent on the completion of the divestment of parts of the component manufacturer to Airbus and Composites Technology Research Malaysia (CTRM). The European OEM agreed earlier this year to acquire parts of Spirit AeroSystems dedicated to its aircraft, including sites in Kinston, NC, Wichita, KS, Belfast (Northern Ireland), St. Nazaire (France), and Casablanca (Morocco). CTRM will acquire a facility in Subang (Malaysia). Boeing said it expected the transaction to close by the end of 2025. Including the parts acquired by Airbus and CTRM, the total transaction value will be USD8.3 billion.

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