M&A Deal Summary

Boeing Acquires Spirit AeroSystems

On July 1, 2024, Boeing acquired aerospace company Spirit AeroSystems for 8.3B USD

Acquisition Highlights
  • This is Boeing’s 9th transaction in the Aerospace sector.
  • This is Boeing’s 2nd largest (disclosed) transaction.
  • This is Boeing’s 29th transaction in the United States.
  • This is Boeing’s 1st transaction in Kansas.

M&A Deal Summary

Date 2024-07-01
Target Spirit AeroSystems
Sector Aerospace
Buyer(s) Boeing
Deal Type Add-on Acquisition
Deal Value 8.3B USD

Target

Spirit AeroSystems

Wichita, Kansas, United States
Spirit AeroSystems is an independent provider of large component parts and assemblies for commercial aircraft. Spirit AeroSystems offers manufacturing and design expertise on a broad range of products and services for aircraft original equipment manufacturers. Spirit AeroSystems was founded in 1927 and is based in Wichita, Kansas.

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Buyer(S) 1

Buyer

Boeing

Arlington, Virginia, United States

Category Company
Founded 1916
Sector Aerospace
Employees172,000
Revenue 66.5B USD (2024)
DESCRIPTION
Entrance to Boeing's corporate headquarters in Arlington, Virginia.
Entrance to Boeing's corporate headquarters in Arlington, Virginia.

Boeing is a global aerospace company that operates in five principal segments. These segments include Commercial Airplanes; Boeing Defense, Space & Security (BDS) which comprises of Boeing Military Aircraft (BMA), Network & Space Systems (N&SS) and Global Services & Support (GS&S); and Boeing Capital Corporation (BCC). The Company's other business includes the activities of Engineering, Operations & Technology (EO&T) and Shared Services Group (SSG). EO&T provides Boeing with technical and functional capabilities, including information technology, research and development, test and evaluation, technology strategy development, environmental remediation management and intellectual property management. Boeing was founded in 1916 and is based in Arlington, Virginia.


DEAL STATS #
Overall 33 of 34
Sector: Aerospace M&A 9 of 10
Type: Add-on Acquisition M&A Deals 27 of 27
State: Kansas M&A 1 of 1
Country: United States M&A 29 of 29
Year: 2024 M&A 1 of 2
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-20 American Battle Monuments Foundation

Denver, Colorado, United States

American Battle Monuments Foundation is an independent 501 (c)(3) non-profit organization and the official partner of the American Battle Monuments Commission. American Battle Monuments Foundation is based in Denver, Colorado.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-20 Wagner Sustainable Fuels

Toowoomba, Australia

Wagner Sustainable Fuels is an Australian company focused on producing eco-friendly fuel solutions. Wagner Sustainable Fuels' primary mission is to reduce the environmental impact of industries such as aviation and heavy transport by providing sustainable alternatives like Sustainable Aviation Fuel (SAF) and Renewable Diesel (RD). Wagner Sustainable Fuels is based in Toowoomba, Australia.

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