Boeings Acquisition of Spirit AeroSystems: A New Era for Wichitas Aerospace IndustryBoeings acquisition of Spirit AeroSystems is set to close by the end of this month, with Boeing agreeing to buy Spirit for $37.25 per share in an all-stock deal valued at over $4 billion. The merger, which has been confirmed by Spirit AeroSystems, will see Boeing take over Spirits facilities in Wichita, Kansas, with the installation of Boeing signage already underway.Kansas Senator Jerry Moran, who has been involved in the process, anticipates that the merger will lead to increased production in Wichita and job retention for Spirit workers. The agreement includes a focus on retaining most of Spirits current work and boosting manufacturing output.The Federal Trade Commission has approved the deal, with Boeing required to sell off parts of Spirit that currently do business with Airbus, Boeings competitor. Senator Moran confirmed that both parties have agreed to these requirements, clearing a significant hurdle.Spirit AeroSystems manufactures parts for defense platforms and business jets, and Senator Moran emphasized that this crucial defense work will continue under Boeings ownership. He also expressed hope that Boeing will develop its next generation of commercial aircraft in Wichita.

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