FTC clears Boeing takeover of supplier Spirit AeroSystems
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Boeing shares fell after the FTC ordered asset divestitures to ease antitrust concerns over its planned Spirit AeroSystems acquisition.
The aerospace giant aims to finalize its acquisition of Spirit AeroSystems by year-end, despite recent challenges in delivery schedules. Financial forecasts indicate a shift towards positive cash flow, aligning with Boeing’s long-term goals, while navigating pressures to meet delivery targets amid production constraints.