Sign In
Search
Business/Financial

Boeing To Bring Defense-Related Work In-House, Add Some With Spirit Deal

Cal Biesecker By
SHARE:
Boeing To Bring Defense-Related Work In-House, Add Some With Spirit Deal
U.S. Marine Corps CH-53E Super Stallions take off from the flight line during a mass flight exercise at Marine Corps Air Station Miramar, California. Spirit AeroSystems assembles the cockpit and cabin and delivers the complete fuselage to Lockheed Martin's Sikorsky unit. Photo: U.S Marine Corps

Boeing [BA] on Monday said it has agreed to acquire the commercial operations of the Spirit AeroSystems [SPR] that support its programs and additional commercial, defense and aftermarket operations, in an all-stock transaction valued at $4.7 billion. Only 13 percent of Spirit’s $6 billion in sales in 2023 were defense and space related, and most of that, 75 percent, is with Boeing for work on programs such as the Navy’s P-8 submarine hunting aircraft, the Air Force’s KC-46 aerial refueling…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Pentagon Loaning $500 Million To Rare Earth Element Processing Company For Expansion

Business/Financial

Apex Raises $200 Million To Boost Hiring And Vertical Integration

Business/Financial

Bullfrog Counter-Drone Developer Allen Control Systems Raises $200 Million

Business/Financial

Kongsberg Completes Acquisition Of Zone 5 Technologies

Trending

Trump Leverages Defense Production Act To Boost Munitions Collaboration Within Industry
Space Force Looking Into Architecture For Epoch 3 And Epoch 4
More Than 20 Companies In The Running For CCA, Increment 2, Air Force Says
Proposed Elimination of SDA And Space RCO Faces Opposition
Defense Watch: FORGE, Cloud Contract, Another Super Hornet Lost, AFC/TRADOC Merger Name, TOC-L Protest

Congress Updates

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said.  Jesse Tolleson, […]

Navy/USMC

Senate Authorization Bill Restricts Building Navy Warships Overseas With Limited Exception For Auxiliaries

The Senate Armed Services Committee’s (SASC) version of the FY 2027 defense policy bill looks to cut the ability for the Trump administration to buy foreign-made warships, but still allow […]

Army

Army ‘Looking At Options’ For Supporting Munitions Boost Plans If Reconciliation Fails, Official Says

The Army is “looking at options” for how it would support planned boosts to munitions production if Congress doesn’t pass a reconciliation bill with the requested funding, a senior acquisition […]

Air Force

Build Of At Least 45 MQ-9s By Start Of FY 2029 Required By SASC Bill

Down to an inventory of 135 MQ-9A Reapers due to the loss of two dozen aircraft in strikes on Iran, the Air Force would have to field at least 45 […]

The Force Multipliers

Force Multipliers

Michael DiOrio – Dataminr

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Job Feed

Post a Job // Post a Resume