Boeing Reacquires Formerly Sold Business for $4.7 Billion
In December 2025, Boeing (NYSE:BA) reacquired Spirit AeroSystems — a business it had sold in 2005 to Onex for about $900 million — for $4.7 billion in stock and an additional $3.6 billion in assumed debt, valuing the deal at approximately $8.3 billion. The decision was framed as a strategic move aimed at improving quality control and aviation safety within Boeing's commercial airplane operations. The acquisition highlights how external supply chain issues had become internal challenges for Boeing over time. Spirit’s role in manufacturing fuselages for 737 aircraft meant its performance directly impacted Boeing, despite the ownership change two decades prior. This move contrasts with a recent decision to sell three of its future-flight businesses — Wisk Aero, Insitu, and SkyGrid — to Archer Aviation (NYSE:ACHR) on August 10, 2026. Boeing is increasingly focusing on core operations while divesting non-core assets. This strategy aligns with a broader financial recovery in the company’s commercial aviation segment, which saw revenue rise by 8% year-over-year to $24.6 billion and improved free cash flow of $631 million for Q2 2026.
