Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal

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Boeing is buying the supplier of fuselages as it looks for a way out of its manufacturing and safety crisis.

The deal comes after a big leadership shake-up at Boeing following a door panel that blew out midflight from a nearly new Boeing 737 Max 9 jet.in an all-stock deal that the planemaker has said will improve safety and quality as it struggles with its latest manufacturing crises.the Wichita, Kansas-based company, weeks after a fuselage panel blew out midair from a nearly new Boeing 737 Max 9 on an Alaska Airlines flight.

That was the most serious of a host of production problems on Boeing planes, which also included Spirit-made fuselages that had misdrilled holes and misconnected fuselage panels. One way Boeing has tried to improve quality is to accept only fuselages without defects so that repairs or additional manufacturing steps won't have to be made out of sequence, reducing the changes of errors.Boeing is under pressure from investors, airlines, lawmakers, regulators and the public to show it can improve quality. Bringing Spirit back in house could give Boeing a more watchful eye on quality as U.S. lawmakers and regulators ramp up scrutiny of the jetmaker.

 

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