Boeing gains 5.9% on progress in acquiring Spirit Aerosystems

From Yahoo Finance: 2025-06-28 10:25:00

Boeing (BA) saw a 5.9% increase in share prices following news of progress in acquiring Spirit Aerosystems. The UK Competition and Markets Authority is reviewing the proposed re-merger. Airbus also finalized a deal to acquire Spirit AeroSystems facilities tied to its aircraft programs, while potential investment in BA is noted.

The Boeing Company is reacquiring Spirit Aerosystems for $4.7 billion to streamline operations and enhance quality control. This move marks the end of nearly two decades of independence for Spirit Aerosystems, which was spun off by Boeing in 2005. Airbus has also acquired several Spirit AeroSystems facilities tied to its aircraft programs.

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Read more: Boeing (BA) Jumps 5.9% on Spirit Merger Progress