In a bid to ensure greater safety and quality in its factories, Boeing is reportedly close to an agreement to reacquire its former subsidiary, Spirit AeroSystems. According to insiders, the deal could be finalized in the coming weeks.
The American aircraft manufacturer Boeing is on the verge of striking a deal to repurchase Spirit AeroSystems, a supplier it spun off in 2005. While the exact timeline remains uncertain, multiple sources familiar with the matter confirmed that the agreement could be reached within days or weeks.
Boeing initiated discussions earlier this year to reacquire the supplier, aiming to improve safety and quality within its own manufacturing facilities. However, negotiations hit a snag due to Spirit AeroSystems’ work for Airbus. The European aerospace giant threatened to block any deal where Boeing would manufacture parts for Airbus’s latest models.
As such, Airbus is widely seen as the main obstacle to an agreement between Boeing and Spirit. Boeing declined to comment on the matter. A spokesperson for Spirit AeroSystems did not directly address inquiries about a potential agreement with Boeing, while an Airbus representative stated that the company is currently in discussions with Spirit AeroSystems to establish a more sustainable approach for the various Airbus work packages that Spirit AeroSystems currently handles.
By bringing Spirit AeroSystems back under its wing, Boeing hopes to streamline its operations and bolster the safety and quality of its aircraft production processes.