Spirit Aerosystems

S&P Global Ratings raised Spirit AeroSystems' rating from 'B-' to 'BBB-' and removed the ratings from CreditWatch, aligning them with Boeing's creditworthiness. The bond ratings were also upgraded to 'BBB-' because outstanding liabilities are guaranteed by Boeing. S&P now treats Spirit as a core subsidiary of Boeing and expects the integration to improve process efficiency and quality consistency, supporting higher production rates. The takeover included commitments to sell businesses not related to Boeing, which delayed closing until conditions were met and approvals granted. » More on de.investing.com

The Federal Trade Commission has approved Boeing’s planned $8.3 billion takeover of Spirit AeroSystems on the condition of significant divestitures. Boeing must sell business units that supply parts to Airbus as well as the operating facilities in Subang, Malaysia; Airbus will acquire the assets tied to Airbus, and CTRM will purchase the facilities in Malaysia. In addition, Boeing and Spirit commit to continue providing parts and services for competing military contractors and to honor existing contracts. The agreement was approved unanimously and now enters a 30-day public comment period. » More on de.investing.com

The Delaware Court of Chancery approved a procedural agreement under which the potential class action filed in January 2025 against Spirit AeroSystems and its directors was voluntarily dismissed as to the named plaintiff; the court, however, retained jurisdiction to review a request for reimbursement of attorneys’ fees and ordered a shareholder notice, which Spirit AeroSystems filed as an exhibit to its Form 8‑K. A telephonic hearing on the fee application is scheduled for December 10, 2025. At the same time, Spirit AeroSystems reported for Q3 2025 an adjusted loss of $4.87 per share on revenue of $1.6 billion, missing consensus expectations and citing rising production costs and supply‑chain problems as ongoing challenges. » More on de.investing.com

The EU Commission allows Boeing to buy back Spirit Aerosystems but requires that all business units supplying Airbus be sold to Airbus to protect competition in the aircraft structures market. The takeover was valued at $4.7 billion; Boeing also planned to assume $3.7 billion of Spirit’s debt. Boeing reported 96 gross orders in September (including one cancellation) and delivered 55 aircraft, 41 of them 737 MAX jets, which lifted the stock. » More on deraktionaer.de

Spirit AeroSystems requested financial relief from Boeing and Airbus while reporting a supplier-related slowdown in Boeing deliveries and an investigation into management conduct. Shares are down recently but up 15.2% year-to-date, creating investor debate over recovery prospects. Valuations diverge: a price-to-sales of 0.7x sits below peers yet above the SWS fair 0.4x, while a DCF model implies a much higher fair value of $216.34. Continued revenue weakness and net losses present material downside risks to a rebound. » More on finance.yahoo.com