Can Boeing's Spirit AeroSystems acquisition restore trust?

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Spirit Aerosystems News

Boeing,Josh Lipton,Seana Smith

Shares of Boeing (BA) are climbing after agreeing to buy back fuselage maker Spirit AeroSystems (SPR) in a deal valued at around $4.7 billion. Josh Lipton...

Well, shares of Boeing on the rise today, the jet maker announcing that it will buy back supplier Spirit Aero Systems for 3725 a share of the deal uh just around $4.7 billion.Now, they're doing this just about 20 years after the spin off from uh Spirit aerosystems here.

But again, analyst, at least early reaction do remain cautious on what exactly or how big of a catalyst this is going to be for Boeing, at least in the media, uh, I guess in the near term, near to medium term.We had a lot of, then we had reports that you saw Sean Doj plans to charge Boeing with criminal fraud.This was tied to uh two previous fatal crashes.

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