Reported 12 months ago
Boeing announced plans to purchase Spirit AeroSystems for $4.7 billion, aiming to enhance aircraft quality and safety in response to heightened scrutiny. The acquisition aims to reverse Boeing's outsourcing strategy and address concerns relating to disrupted production at Spirit, impacting the delivery of Boeing planes like the 737s and 787s. The move follows safety concerns prompted by the Alaska Airlines 737 Max 9 incident and legal pressure on Boeing to plead guilty to criminal fraud over past deadly crashes involving the 737 Max aircraft.
Source: YAHOO