(Reuters) -Boeing is nearing a deal to buy back Spirit AeroSystems after its former subsidiary made substantial progress in separate talks with Airbus over a transatlantic breakup of the struggling supplier, people familiar with the matter said on Thursday. Boeing initiated talks earlier this year to buy back the Wichita, Kansas-based supplier it spun off in 2005, seeking to stabilize a key part of the supply chain for its strongest-selling jet following a mid-air blow out on a new 737 MAX in January.
Investing.com - Boeing (NYSE:BA) is reportedly close to finalizing an agreement to repurchase Spirit AeroSystems (NYSE:SPR), its former subsidiary.
Boeing (BA) is set to provide for the repair of 11 various configurations of flight control surfaces used on the F/A-18 E/F and EA-18G jets.