03:41 AM EDT, 04/28/2025 (MT Newswires) -- Spirit AeroSystems ( SPR ) said Monday it has agreed to divest certain assets involved in the production of Airbus aerostructures to Airbus.
The assets include three sites, located in the US, France and Morocco; certain Airbus component productions in Scotland, US, and Northern Ireland; and potentially, Airbus-related assets in Malaysia.
The deal is expected to close in Q3, subject to regulatory approvals and other closing conditions.
Spirit is in the process of being acquired by Boeing ( BA ) and the divestment of these assets will happen concurrently with the buyout, Spirit said.
Spirit has also secured a $200 million line of credit from Airbus in a separate agreement, it said.