Boeing's Spirit AeroSystems Buyout Clears UK Hurdle

The UK's Competition and Markets Authority (CMA) has approved Boeing's $4.7 billion acquisition of Spirit AeroSystems, removing a major regulatory hurdle for the deal. The acquisition, which seeks to reunite Boeing with its former supplier after nearly two decades, is expected to improve supply chain efficiency, production quality, and investor confidence. The deal will also see Airbus take control of certain Spirit facilities that manufacture parts for Airbus aircraft. Regulatory approvals from the European Commission and the U.S. Federal Trade Commission are still pending. The acquisition is set to bolster Boeing's control over key manufacturing processes for its 737 and 787 jets, supporting its commercial jet turnaround efforts. Completion of the transaction is targeted for the fourth quarter of 2025.