financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Business
financetom
/
Business
/
Spirit AeroSystems Holdings to Sell Malaysian Facility to CTRM for $95.2 Million
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Spirit AeroSystems Holdings to Sell Malaysian Facility to CTRM for $95.2 Million
Aug 8, 2025 2:17 PM

04:57 PM EDT, 08/08/2025 (MT Newswires) -- Spirit AeroSystems ( SPR ) agreed to sell its engineering and manufacturing facility in Subang, Malaysia, to Composites Technology Research Malaysia for $95.2 million.

CTRM will become a supplier to Airbus for its A220, A320 and A350 programs and to Boeing for its 737 and 787, Spirit AeroSystems ( SPR ) said Friday in a statement.

The transaction is expected to close in Q4.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ING Comments on Euro, Sterling, Poland's Zloty, Hungary's Forint, Czech Republic's Koruna
ING Comments on Euro, Sterling, Poland's Zloty, Hungary's Forint, Czech Republic's Koruna
Jul 29, 2025
06:23 AM EDT, 07/29/2025 (MT Newswires) -- Investors early on Monday focused on how the United States-European Union trade deal would remove uncertainty and allow EU businesses to move on, ING said. By the end of Monday, investors seemed to have concluded, as did some EU leaders, that, net-net, universal tariffs were going to hurt, wrote the bank in a...
 Spotify Reports Q2 Loss, Higher Revenue; Q3 Sales Outlook Set -- Shares Down Pre-Bell
Spotify Reports Q2 Loss, Higher Revenue; Q3 Sales Outlook Set -- Shares Down Pre-Bell
Jul 29, 2025
06:26 AM EDT, 07/29/2025 (MT Newswires) -- Spotify Technology ( SPOT ) reported a Q2 loss Tuesday of 0.42 euro ($0.49) per diluted share, swinging from earnings of 1.33 euros a year earlier. Analysts polled by FactSet expected EPS of 1.95 euros. Revenue for the quarter ended June 30 was 4.19 billion euros, compared with 3.81 billion euros a year...
 Nomura Holdings Fiscal Q1 Net Income Increases, Total Revenue Falls
Nomura Holdings Fiscal Q1 Net Income Increases, Total Revenue Falls
Jul 29, 2025
06:19 AM EDT, 07/29/2025 (MT Newswires) -- Nomura Holdings ( NMR ) reported fiscal Q1 net income Tuesday of 35.19 Japanese yen ($0.24) per basic share, up from 23.33 yen a year earlier. A single analyst polled by FactSet expected 37.49 yen. Total revenue for the quarter ended June 30 was 1.157 trillion yen, compared with 1.218 trillion yen a...
 Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2026 - www.financetom.com All Rights Reserved