
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.