Boeing plans $4.7 billion acquisition of Spirit AeroSystems

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“We believe this deal is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, our shareholders and the country more broadly,” Boeing President and CEO Dave Calhoun said in a

Safety concerns increased after the Jan. 5 blowout of a door on an Alaska Airlines 737 Max at 16,000 feet overAccording to Boeing, this acquisition values Spirit at $4.7 billion in equity, amounting to $37.25 per share, with the total deal valued at approximately $8.3 billion, including Spirit’s reported net debt.

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