Why A Boeing Acquisition Of Spirit Aero Is Not So Obvious

Boeing fuselage being transported by rail

Boeing and Spirit AeroSystems have always been integrally tied, even though Spirit has been its own company since 2005. Around 70% of the Boeing 737 is built by Spirit.

Credit: Jim West/Alamy Stock Photo
On its face, Boeing’s sudden willingness to acquire the troubled Spirit AeroSystems makes sense for all the reasons that Spirit should not have been divested almost two decades ago. A popular sentiment expressed across the aerospace industry for years has been that Spirit—part of Boeing until 2005...

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