Shareholders approve Boeing's purchase of Spirit AeroSystems

Spirit AeroSystems Holdings, Inc., has announced that its shareholders have approved the proposed acquisition by The Boeing Company. The vote, held during a special meeting on Friday, signifies a major step forward for the planned transaction. This acquisition, initially announced in the summer, is now on track to reshape the landscape of the aerospace manufacturing industry.

The deal aims to bring Spirit AeroSystems, a key supplier of aircraft structures, under Boeing's umbrella, aiming to streamline operations and enhance supply chain stability.

The transaction is expected to close in mid-2025, subject to closing conditions including the receipt of regulatory approvals.

"Our shareholders’ resounding approval today represents an important milestone in our carefully planned merger with Boeing," said Irene Esteves, Spirit AeroSystems chief financial officer. "As we continue executing our transition planning, we remain focused on Spirit's foundational principles of safety, compliance, and quality."

Spirit will continue to operate as an independent company until the transaction closes.