Boeing plans $4.7 billion acquisition of Spirit AeroSystems

Boeing plans to acquire Spirit AeroSystems for $4.7 billion, aiming to improve aircraft quality and safety amid increased oversight from Congress, airlines, and the Department of Justice.

“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 statement.

Boeing, based in Arlington, Virginia, formerly owned Spirit AeroSystems, whose headquarters are located in Wichita, Kansas.

“By reintegrating Spirit, we can fully align our commercial production systems, including our Safety and Quality Management Systems, and our workforce to the same priorities, incentives and outcomes — centered on safety and quality,” Calhoun said.

Safety concerns increased after the Jan. 5 blowout of a door on an Alaska Airlines 737 Max…

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