UK Gives Green Light to Boeing–Spirit AeroSystems $4.7B Deal

After months of turbulence, Boeing’s recovery is finally picking up speed. Fresh from securing aircraft orders from Japan and Bangladesh, the U.S. aerospace giant has cleared a major hurdle in its bid to reshape its manufacturing network.

The United Kingdom’s competition regulator has now given the green light to Boeing’s multi-billion-dollar acquisition of Spirit AeroSystems — a move that could reshape the global aerostructures market and give Boeing a much-needed supply chain boost.

Regulatory Green Light from the UK

Britain’s Competition and Markets Authority (CMA) has approved Boeing’s proposed all-stock $4.7 billion acquisition of Spirit AeroSystems, choosing not to launch a deeper “Phase 2” investigation.

The regulator will publish its full decision soon. This approval marks one of the most significant milestones in Boeing’s efforts to reintegrate Spirit, bringing the deal closer to completion.

Strengthening Supply Chain and Quality Control

For Boeing, the acquisition is not just about expansion — it’s about regaining control over key parts of its supply chain, improving quality oversight, and restoring investor confidence after recent production setbacks.

Spirit AeroSystems, the world’s largest standalone aerostructures company, has been independent for nearly two decades. Reuniting with Boeing could streamline operations, reduce delays, and secure critical components for flagship programs like the 737 and 787.

Remaining Approvals and Global Footprint

While the CMA’s clearance is a major win, the deal still requires approval from the European Commission and the U.S. Federal Trade Commission. Spirit operates facilities across the U.S., U.K., France, Malaysia, and Morocco, and also offers aftermarket services — making it a vital player in both Boeing and Airbus supply chains.

Key Transaction Details

Boeing has agreed to acquire Spirit in an all-stock transaction valued at about $4.7 billion in equity, or $37.25 per share. When factoring in Spirit’s net debt, the deal’s total value reaches approximately $8.3 billion. Spirit spokesperson Joe Buccino said the transaction is expected to close in the fourth quarter of this year.

In a separate development, Spirit announced the sale of its Subang, Malaysia facility to Composites Technology Research Malaysia (CTRM) for $95.3 million. Under the new arrangement, CTRM will supply components for Boeing’s 737 and 787 programs as well as Airbus’s A220, A320, and A350 aircraft.

A Pivotal Moment for Boeing

With the UK’s approval secured and new orders flowing in, Boeing is positioning itself for a stronger comeback in 2025. If the remaining regulatory approvals fall into place, the Spirit AeroSystems merger could mark a turning point for the aerospace giant — both in the air and on the production floor.