Boeing has announced a definitive agreement to acquire Spirit AeroSystems in an all-stock transaction valued at approximately $8.3 billion, including assumed debt. Under the terms, Spirit shareholders will receive between 0.18 and 0.25 shares of Boeing stock for each Spirit share, based on Boeing’s 15-day average share price prior to closing, ranging from $149.00 to $206.94 per share.
Boeing President and CEO Dave Calhoun emphasised the strategic benefits of the merger, aiming to align commercial production systems and enhance safety and quality management across operations. “This deal is in the best interest of our airline customers, employees, shareholders, and the broader community,” said Calhoun.
The acquisition will encompass Spirit’s commercial, defense, and aftermarket operations, integrating them into Boeing’s existing structure. Boeing plans to ensure continuity for Spirit’s defense programs, collaborating closely with the U.S. Department of Defense and other stakeholders.
“We are committed to supporting Spirit’s defense initiatives and maintaining operational excellence for all acquired programs,” Calhoun affirmed.
The merger marks a significant consolidation within the aerospace industry, aimed at optimising production efficiencies and strengthening Boeing’s market position across commercial and defense sectors. Pending regulatory approvals and customary closing conditions, the transaction is expected to finalise in the coming months.
