Reported about 1 year ago
Boeing is acquiring Spirit AeroSystems in a $4.7 billion deal to enhance quality and safety, amidst ongoing scrutiny from the US Department of Justice for FAA violations. Boyd Group International president Mike Boyd criticizes Boeing CEO for potential improvements, while former Wall Street Journal aerospace reporter Andy Pasztor highlights the minimal penalties faced by Boeing for the 737 Max crashes. The acquisition raises concerns about Boeing's operational management and regulatory oversight in the industry.
Source: YAHOO