Spirit AeroSystems is going full circle, from part of Boeing to independent supplier and back to part of Boeing. It is the perfect example of a realization dawning on corporate America: Perhaps outsourcing isn’t all it was once cracked up to be. On Monday, Boeing said it would buy the Wichita-based aircraft-fuselage maker in an all-stock deal valuing it at $37.25 per share, a 13% premium over last week’s closing price. It seems like a good deal for Spirit’s investors, who have suffered a 53% negative total return since the end of 2019—worse than Boeing’s negative 42%. The pandemic hit to jet production was particularly devastating for Spirit, which accumulated $2.6 bil
Hence then, the article about boeing calls time on the great american outsourcing was published today ( ) and is available onNY Times News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Boeing calls time on the Great American Outsourcing )