Hardware FixRecommendedDevice not working? Your driver may be the problemCheck updates for common hardware issues.Fix DriversOctober DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsSlow PC?RecommendedPC slow today? Run a repair scan before it gets worseResolve common Windows issues and optimize system performance.Scan Now×
Skip to content
The Finance Base
The Money Desk · Blog
Re:

Boeing Completed Its Spirit AeroSystems Acquisition: Deal Value, Scope and FTC Remedy

Boeing completed its Spirit AeroSystems acquisition in December 2025. Its 2025 Form 10-K reports $8.371 billion in consideration, and the FTC finalized a remedy in February 2026.
From TheFinanceBase Team2 min to read
Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Boeing completed its acquisition of Spirit AeroSystems on December 8, 2025; it is no longer a pending deal. Boeing’s 2025 Form 10-K reports total fair value of consideration of $8.371 billion. The FTC finalized a consent order on February 17, 2026, requiring divestitures and continued supply to competing military aircraft contractors.

Did Boeing buy Spirit AeroSystems?

Yes. Boeing completed the acquisition on December 8, 2025, according to its 2025 Form 10-K and closing announcement. The title’s suggestion that Boeing is edging closer to a deal is now out of date.

How much did Boeing pay?

The completed transaction’s reported total fair value of consideration was $8.371 billion, in Boeing’s 2025 Form 10-K. The filing lists these components:

Component Reported value
Boeing common stock exchanged for Spirit common stock $4.704 billion
Settlement of loans, advances and other payments $2.571 billion
Debt repaid on Spirit’s behalf $948 million
Premium on assumed Spirit exchangeable notes $109 million
Exchanged share-based awards $39 million
Total fair value of consideration $8.371 billion

That completed-transaction accounting figure is not identical to the approximate $8.3 billion value Boeing cited when it announced the proposed deal on July 1, 2024. The announcement described about $4.7 billion in equity value, or approximately $8.3 billion including Spirit’s then-last-reported net debt. Those were proposal-stage figures and a different basis of valuation; see Boeing’s 2024 announcement.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
Plastic Model KIT Boeing 727
  • From the Original Aurora Tooling which was updated by Monogram in the late 1970's
  • Kit is molded in white with clear part for windshield
  • Decals for Boeing Prototype
  • Features detailed landing gear with 13.5 inch wingspan
  • Skill Level 2. This package contains 36 parts. 1/96 scale model kit. Recommend black, gray and silver paint. Paint and glue sold separately. Recommended ages fourteen years and up. Made in USA.

The original proposal used an exchange formula based on $37.25 per Spirit share and a Boeing share-price window, with a floor and ceiling on the exchange ratio. In the completed transaction, Boeing exchanged 117.5 million Spirit shares for 22.98 million Boeing shares at a 0.1955 exchange ratio, as reported in the 10-K.

What did Boeing acquire, and what remained separate?

The closing announcement describes Boeing’s acquired operations and the arrangements for businesses that were not simply folded into Boeing:

Rank #2
Daron Skymarks SKR715 American 777-300 New Livery Airplane Model Building Kit with Gear, 1/200-Scale, White
  • Purpose & Use – Perfect for collectors, aviation enthusiasts, or as a display piece, this snap-fit model assembles quickly without glue and includes a sturdy display stand
  • Perfect Size – At 1/200 scale, the model measures approximately 13 inches long with a 12 ½-inch wingspan—large enough to impress while fitting neatly on shelves or desks
  • Quality Materials – Made from durable solid injection-molded plastic for long-lasting quality, smooth finishes, and detailed realism
  • Brand Excellence – From SkyMarks by Daron, a trusted leader in collectible aircraft models, delivering officially licensed replicas that celebrate modern aviation design and engineering
  • Boeing-related commercial work: 737 fuselages; major structures for the 767, 777 and 787; and commercially procured fuselages for the P-8 and KC-46.
  • Aftermarket: Spirit’s spare-parts and maintenance, repair and overhaul activities.
  • Spirit Defense: Boeing said it would continue as an independent supplier to the defense industry, with independent governance and operations.
  • Belfast operations: Portions were acquired by Boeing and were to operate as an independent subsidiary under the Short Brothers name.

Boeing reported that approximately 15,000 teammates across five sites were joining the company. That is Boeing’s figure from its closing announcement, not an independently audited workforce count.

What did the FTC require?

On February 17, 2026, the Federal Trade Commission finalized a consent order. The FTC says it requires Boeing to divest significant Spirit assets and requires Boeing and Spirit to continue providing aerostructures and related services to competing military aircraft contractors. The FTC’s announcement and case record say the order resolves allegations that the acquisition could impair Airbus’s access to inputs for competing commercial aircraft and limit rival military contractors’ access to Spirit products and technologies.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
Rank #3
Revell 03891, Boeing 747-8 Lufthansa New Livery, 1:144 Plastic Scale Model
  • 1: 144 scale plastic model kit, 172 parts
  • Required assembly and painting
  • Glue and paints are not included
  • Model length: 525mm. /21", Model wingspan 476mm. /19'
  • 12 years+
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

Will the acquisition improve Boeing’s safety or quality?

Boeing said the proposed combination would align commercial production, safety and quality systems, and workforces around shared priorities. At closing, the company described safety, quality, production stability and supply-chain stability as aims. These are Boeing’s stated rationale and commitments, not proof that performance improved.

Boeing’s 2025 Form 10-K says Spirit’s operating results between the December 8 acquisition date and year-end were not material, and that preparing historical pro forma revenue and earnings was impracticable. The cited materials do not provide an attributable statistic quantifying post-acquisition safety or quality gains. That leaves the outcome question open: the stated goal is clear, but the available reporting does not establish a measured improvement.

Quick Recap

Bestseller No. 1
Plastic Model KIT Boeing 727
Plastic Model KIT Boeing 727
From the Original Aurora Tooling which was updated by Monogram in the late 1970's; Kit is molded in white with clear part for windshield
$19.82
Bestseller No. 3
Revell 03891, Boeing 747-8 Lufthansa New Livery, 1:144 Plastic Scale Model
Revell 03891, Boeing 747-8 Lufthansa New Livery, 1:144 Plastic Scale Model
1: 144 scale plastic model kit, 172 parts; Required assembly and painting; Glue and paints are not included
$60.72
SaleBestseller No. 4
B-29 Superfortress Plastic Model kit Made in The USA Atlantis 1:120 Scale WWII Bomber,H208
B-29 Superfortress Plastic Model kit Made in The USA Atlantis 1:120 Scale WWII Bomber,H208
Reissue of the classic 1/120 box scale Boeing B-29; Measures 10 1/2 inches long with a 14 inch wingspan
$21.11
Rank #4
Sale
B-29 Superfortress Plastic Model kit Made in The USA Atlantis 1:120 Scale WWII Bomber,H208
  • Reissue of the classic 1/120 box scale Boeing B-29
  • Measures 10 1/2 inches long with a 14 inch wingspan
  • This kit comes molded in silver with clear swivel stand and another display stand option
  • Updated decals for 3 versions! Built up by Bill Engar with Dauntless Dotty decals
  • Skill Level 2. This 8.1x2.2x15.9 inch package contains 44 parts. Made in the USA.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

More post from the Money Desk

  1. The Money DeskBlogTheFinanceBase09 OCT 267 minMortgage Escrow FAQs: Taxes, Insurance, Shortages, and Refunds
  2. The Money DeskBlogTheFinanceBase09 OCT 265 minHow Mortgage Escrow Accounts Work and What Homeowners Pay For
  3. The Money DeskBlogTheFinanceBase09 OCT 265 minHow to Read a Stock Chart, Volume and Market-Cap Data
Recommended PC Tool
Recommended PC Tool
Crashes, No Sound, or Screen Glitches?Free driver scan
Windows Errors? Fix Them Before They SpreadFree repair scan

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.