Boeing has announced it will buy Spirit AeroSystems, one of its chief suppliers, for $4.7 billion, a move aimed at giving Boeing more cradle-to-grave control of quality, a huge issue for the commercial and military plane-maker in the past year.
The Federal Trade Commission is suing to stop the planned Lockheed Martin/Aerojet Rocketdyne merger, saying the deal would give Lockheed Martin unfair advantages while harming competition and innovation. Lockheed Martin has 30 days to decide whether to defend the merger in court or drop the ...