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.
Boeing lost $222 million on two key Air Force programs in the first quarter of fiscal year 2024: $128 million on the KC-46 aerial refueling tanker and $94 million on the T-7 trainer, where the total losses already exceed more than $7 billion and $1 ...
The Air Force says it is unaware of quality issues with work done by Spirit AeroSystems on the B-21 bomber. Spirit is under investigation by the NTSB for its work on Boeing 737 MAX airliners which may have contributed to a January in-flight accident.