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The Independent UK
The Independent UK
National
Rio Yamat

Boeing finalizes $4.7B acquisition of key 737 Max supplier Spirit AeroSystems

US Boeing Spirit AeroSystems - (ASSOCIATED PRESS)

Boeing said Monday that it has completed a $4.7 billion purchase of key supplier Spirit AeroSystems, which builds fuselages for the giant aerospace company's 737 Max jetliners, including an Alaska Airlines aircraft that suffered a door-panel blowout last year.

The deal, in the works for over a year, brings Boeing's largest provider of spare parts in-house. CEO Kelly Ortberg called it a “pivotal moment” for the company's future.

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