Similar Stories to Under Pressure On Plane Safety, Boeing Is Buying Stressed Supplier Spirit For $4.7 Billion on Bing News

ARLINGTON, Va. — Boeing announced plans to acquire key supplier Spirit AeroSystems for $4.7 billion, a move that it says will improve plane quality and safety amid increasing scrutiny by Congress, airlines and the Department of Justice. Boeing previously owned Spirit, and the purchase would reverse a longtime Boeing strategy of outsourcing key work on its passenger planes.

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