Inc. ("Spirit" and, together with its consolidated subsidiaries, the "Company") by Boeing (the "Merger") pursuant to Spirit's agreement and plan of merger with Boeing (the "Merger Agreement") and ...
Just yesterday, we heard about its key supplier, Spirit AeroSystems (SPR), being considered for a bailout move that will help keep it afloat until the merger, which is expected to hit in 2025.
Spirit AeroSystems said on Tuesday it would receive up to $350 million in advance payments from its largest customer Boeing and up to $107 million from Airbus , giving the struggling supplier a ...
This marks the second failed merger ... expected to file within weeks, people familiar with the matter told The Wall Street Journal. Shares of the company cratered more than 55% on Wednesday ...
Boeing intends these payments to address Spirit's high levels of inventory and lower operational cash flows, decrease in expected deliveries to Boeing and higher factory costs to maintain rate ...