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Multi-billion takeover of Boeing: Spirit AeroSystems transaction signed

Boeing unveiled the $4.7 billion strategic acquisition of Spirit AeroSystems in an all-stock transaction designed to bolster the company’s manufacturing capabilities.

Arlington, Virginia-based Boeing made the announcement late Sunday, saying the total value of the deal was about $8.3 billion, including Spirit’s net debt.

Spirit AeroSystems, based in Wichita, Kansas, is a key supplier of key components for Boeing aircraft.

(This story has not been edited by Devdiscourse staff and is auto-generated from a feed.)